Bid /Ask Spreads - Market Manipulation Message Board

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Non-Tech : Bid /Ask Spreads - Market Manipulation

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To: Peter Wiebe who wrote (16)	8/22/1996 8:49:00 AM
From: Andrew White	of 308

<<I concur. The afterhours traders have an advantage which is unfair and should be illegal. Whom does one contact to have the changes made? Who would like to argue that after-hours trading is anything but a scam to give an unfair advantage to market manipulators?>> I'm sorry, but I can't hold it in any longer. This is just stupid or pure ignorance. Instinet is a private institution owned by Reuters that allows trading (after hours AND during normal trading hours) for its OWN clients. There is nothing unfair about it! It's private! It would be exactly the same as if YOU sold me 100 shares of IOMG privately after the market has closed for a certain price. And if you REALLY wanted to trade on Instinet, you can! Pioneer offers Instinet trades. No more of this crying foul! The real bastards are the MMs who really collude. Andy

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