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Non-Tech : Action Direct - Royal Bank Brokerage

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To: Cheeky Kid who wrote (111)4/28/2000 10:34:00 AM
From: bay aufarb  Read Replies (1) of 175
 
A couple of points;

From a business prospective, you can't expect a firm to have manpower sitting around all year or possibly for years just so that when that crazy spike of activity comes, we don't have to wait for our trades to go through. Over the past few months we had everyone and their grandmothers trading. Clearly some lessons were learned with this recent correction.

I believe the reasons that things are better now is because of the rule changes in respect to reviewing orders and training of personnel, and of course, the decreased volume.

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