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Strategies & Market Trends : DAYTRADING Fundamentals
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To: OZ who wrote (13439)8/4/2001 6:02:18 PM
From: Eric P  Read Replies (2) of 18137
 
OZ,

I agree completely. After a short feeling-out period, I really like the new SuperSOES system. In many ways, it has 'leveled the playing field' between the market makers and traders. In fact, you could argue that ECN's now have an advantage that even MM's don't currently have: the ability to use reserve size without displaying a minimum of 1000 shares. I have seen this on many occasions in the past few weeks, with an ECN displaying only 100 shares, but constantly reposting more shares.

Anyway, I really like the new system and think that it will make trading much more predictable and, dare I say, less frustrating.

-Eric
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