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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe)
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To: John T. who wrote (818)4/24/1998 5:55:00 PM
From: ----------  Read Replies (2) of 2241
 
Mr. DePinto would be a good person to ask.

I am NOT certain of this, so I will admit up front I am probably
incorrect.

As I understand it, there is not a specific system on the floor
of the CBOE for stop/ stop limit orders , as there is on the the NYSE.
I have also been told some firms do accept stops/stop limit orders.
Since some do, some do not, it leads me to conclude this is an in-house system that some firms use. If so, this is another "value
added service" that probably is not practical in a bare bones discount
environment.

Again, I defer to a more knowledgeable individual for an accurate answer.

Doug
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