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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: LPS5 who wrote (8578)1/5/2001 5:16:55 PM
From: aldrums  Read Replies (2) of 12617
 
Nasdaq's latest proposal allows any order to be matched with another order at the best available price, regardless of the time it was entered. This removes any incentive for investors to try to improve on the displayed price because their order wouldn't have to be immediately filled, even if they entered it first, Vanguard's
Sauter said.


LPS5,

I haven't been keeping up with the latest press releases regarding Supermontage. I was wondering if you might take the time to explain what the above means.

Thanks,

Alex
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