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Technology Stocks : Stock Swap

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To: Andrew Vance who wrote (12791)	3/16/1998 1:47:00 AM
From: Jeffrey S. Mitchell	Read Replies (1) of 17305

Just happened to notice that NASDAQ wants to eliminate the spread on stocks: Attention Investors: Important Message Nasdaq's Proposal Offers Greater Opportunity For Savings We Need Your Support! Imagine being able to enter an order to buy or sell a Nasdaq stock at a price you want to pay - then not only getting that exact price, but completing your transaction without paying a spread. (Broker commissions still apply) Nasdaq wants investors to have this freedom, and is asking the SEC for permission to use state-of-the-art technology to automatically match and execute "limit orders", - investor orders to buy or sell a stock at a certain price. If you want more control over being able to price your orders and lower the costs associated with matched limit orders, you can make a real difference by letting the SEC know. nasdaq.com - Jeff

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