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Strategies & Market Trends : Canadian Options

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To: Porter Davis who wrote (929)	3/25/1998 7:31:00 PM
From: Vectra	Read Replies (1) of 1598

Wheeeee! I knew I would get a response, but never one so defensive. I will keep my response short for the benefit of everyone else here and reply in private to Porter about some other things. However to answer your questions; Yes I know that LEAPS where developed based on the U.S. model, however your committee made changes that were adopted by other North American Exchanges - that is a credit to the work the Committee and Committee's did. My anonymity is a personal choice. I am all for the abolishment of non-member principal accounts, however I am also in favour eliminating the client priority rule. How does eliminating client priority rule establish me as ethically challenged. As I clearly stated in my previous posts time stamping should be the criteria for all trading, first in first out - it really is so simple. Stay tuned for more riveting conversation! Vectra

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