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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: TFF who wrote (3032)2/17/1998 1:55:00 PM
From: steve goldman  Read Replies (2) of 12617
 
I think you are missing the point:
(and in no way am I trying to say anything about them or their service, which is quite good)...
but you are not a member of NASD, SEC, NYSE or AMEX. You sell a NYSE exchange stock, regardless of the bells and whistles you have on your internet program/application, they are still the executing broker.
That they execute it in a few seconds doesnt dismiss the fact that they are the executing broker/dealer. They provide your access to the nasdaq circuit. They are 100% a broker dealer, forget symantics...they just happen to be a good brokerdealer.

Regards,
Steve
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