Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: gbh who wrote (51773)	2/15/2000 9:44:00 PM
From: Anthony@Pacific	Read Replies (2) of 122087

Excuse me..But IN june 1998, The NASD removed the liability standard By which NIte and other Mmakrket makers were held to..in addition this past month the NASD removed another 3 liabilties that market makers are responsible for, so in effectt NITE can executre any trade it sees fit without any penalty,meaning only profitabl;e trades for NITE can be executed ( nbot profitable for the Client ) If you want to delve into trhis further let me know..The NASD has additionally renmoved all mandatory liability on SNET ordsers and NIT%E can switch 9on auto execute or turn it off at will ....leaving some orders in for hours before NITE decided wher to execute or ifd to execute with the option of breaking the trade..even.. Care to go on?

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