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To: TraderAlan who wrote (12680)	4/9/2001 12:14:09 PM
From: Pierre	Read Replies (2) of 18137

Interesting (to me, at least) discussion with cybercorp rep this morning. I was complaining about a fill using their auto route system. I was advised that even though decimals are here, MM's will not respond to anything other than bid/ask in 16ths. Hence my order went to (and sat on) island at 11.38 while MM's were filling at 11.37. MM would not accept my bid since it wasn't 11.375. I've also noticed that my order screen, although it reads in pennies, converts the order to a fraction on the confirmation screen. Doesn't seem right to me. MMs should honor bids and asks in decimals regardless how they convert in fractions, shouldn't they? Pierre

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