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Strategies & Market Trends : From the Trading Desk

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To: steve goldman who wrote (2228)	1/7/1998 12:41:00 AM
From: Brendan W	Read Replies (1) of 4969

Steve, when you trade listed issues during regular hours do you ever route your order to markets other than the NYSE/ASE? I know normally prices are not as good on the Philadelphia, Pacific etc., but I wonder if some issues are more liquid than the primary exchange say through Selectnet, and I think most of these markets don't charge the 1c a share that the NYSE does on limit orders. Could you refute this or elaborate on how you might work large orders on listed issues? Also, what is ACT?

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