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Non-Tech : MB TRADING

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To: CanynGirl who wrote (681)	8/1/1998 5:01:00 PM
From: John Hunt	Read Replies (1) of 7382

<< The only thing I can conclude is that ARCA didn't preference TNTO first. >> Hi Sierra, Interesting. I checked that order sequence with Ross of MB Trading on the support channel a couple of months ago, and he said it was correct. Archipelago is the ECN and TNTO is Terra Nova, the market maker who also owns MB Trading. I think what is happening is that the sitting order winds up on Selectnet under TNTO and is not duplicated on the Archipelago ECN. I agree that ARCA does not seem to preference TNTO before any other market maker. Have you discussed this with Ross? John

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