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Strategies & Market Trends : Trade What You See, Not What You Think
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To: Threei who started this subject1/17/2001 9:56:27 PM
From: chris-  Read Replies (1) of 867
 
With the next round of delays for SuperSOES, I was interested to know if anyone had information from one of the testing firms either through friends of trading firms or from brokers in general. Most broker reps I've spoken with don't seem to know too much which makes me wonder even if the next date of launch is reasonable.

Furthermore, wondering of anyone's information they may have on how smart routes intend to be changed..i.e. ARCA using SNET PREF to hit ECNs but if no ECNs, since SNET would be basically worthless, would it try to then switch to the SOES route to hit MMs...finally how will it be able to distinguish SOESable stocks with SS rules versus those individual shares that will still be trading under current SOES rules (small caps I believe).

If anyone has any information, I'd be interested to hear it.

Thanks in advance,

Chris
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