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Non-Tech : CyBerCorp.com
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To: CyBerCorp.com who wrote ()4/18/2000 7:57:00 PM
From: Chris Steele  Read Replies (1) of 1001
 
I started executing orders today on Cybertrader...and i still am asking the question..."how will the new NASDAQ order rules be handled by cyber?" Currently as it stands, I get better fills from my WWW based broker due to the fact that the order flow is sold to a market Maker....ie; it is autoexecuted at the current offer/bid in most situations. Trading with a direct access system such as cyber is great..but the problem lies in the fact that it is difficult to get fills against MMers on Snet quickly, SOES is junk, and the ECNs are only usefull when at the current offer/bid. The new nasdaq rules "appear" to be attempting to address the fragmentation....any care to comment?
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