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Strategies & Market Trends : Canadian Options

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To: Adrian du Plessis who wrote (1094)6/6/1998 3:34:00 AM
From: Kitskid  Read Replies (1) of 1598
 
The TSE's threat of legal action is intended to silence a critic of the established bureaucracy. They have a legion of lawyers who are all too willing to follow through with the threats. Their objective is to continue to manage the exchange with as little input as they can get away with.

Porter is inside the machinery of the exchange and therefore is able to see abuses that the average investor is shielded from.

Investors should be demanding far better information reporting from the exchange in the form of real time quotes being made available.
This would include the size of the Bids and Asks on both sides of the last trade.

The TSE seems to have money for new systems, but lack the ability or the WILL to design an exchange that will best serve the retail investor and the market as a whole. They don't have any imagination in implementing new technology to serve investors in the electronic age.

I hope Porter continues to post on this thread even if he has to refrain from commenting on the anomalous TSE managers.
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