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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin!

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To: Esteban who wrote (5890)7/17/2000 1:43:14 PM
From: SE  Read Replies (1) of 7434
 
From my trip to the floor and observations made while there, I seriously doubt that the open outcry pit trading method will ever be able to produce continuously updating solid b/a information. It simply would not be possible to give real time b/a numbers and sizes. There isn't a specialist or even an electronic accumulation of the data, instead there are a hundred guys all waving at each other like OJ does. If you get a chance, you should go to the CME and watch the pit action for a day....it is amazing. Wonderful experience.

-Scott
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