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Strategies & Market Trends : SOES Trading

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To: Trader SOES who wrote (1543)	7/22/1998 8:09:00 AM
From: Chris Block	of 1618

wow! you can at least start with IMHO. I would love to see your opinion of market makers or order flow sellers. I can always appreciate criticism, however you give no examples of specific instances or offices that you feel have problems. If you want to vent that's fine. If you want to see change then be specific. Also some of your facts are inaccurate. Were you ever a Block Trading customer? Who do you currently give your business to now? Did they ever work for Block Trading? They deserve a huge compliment. With respect to our offices you are correct. We had in the past charged 25% after clearing and back when commissions were high ($60 per side) it was a win win for all; now we are opening offices ourselves or the only franchisees are experienced traders. The office does not technically make money, however the traders effectively pay cost (~$6.00/1000) for their own trades. They are also able to collect training fees themselves. Any interest? your other posts seem very helpful to traders; let's try to be helpful to the SOES firms as well. We're all on the same team.

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