SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The Executioner
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Clarence Dodge who wrote (2)6/17/1998 5:42:00 PM
From: Rene Madsen  Read Replies (2) of 58
 
On pristines website there is a document called "Pristine's Course in Playing Market Maker". It basically outlines how one, by using a system like The Executioner, ("TE") can bypass and override the MM's.

Frankly it sounds to me like one of those "if it sounds too good to be true, it probably is". The idea definitely sound great. Unlike trading with a brokerage such as Datek or Ameritrade where one has to submit the order to a MM who may or may not execute the order, TE, according to this document, allow one to put the order directly on the market.

I miss seeing some information about the financial situation though. I mean, to trade with a broker one has to have money on an account there. How would it work with TE? Will they operate an account? What is my security as a consumer in this case? What if they just take the money and run?

Also, there are usually two sides to a coin, but in this case I can't see the catch...

Comments anyone?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News