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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: Dominick who wrote (4984)	8/16/1998 9:14:00 PM
From: Sword	Read Replies (3) of 12617

You cannot do what you are suggesting. The software won't allow it. RTII won't allow it. The SEC won't allow it. If you own a stock long and you want to go short, you need to place two separate orders, one to close the long and one to open the short. Those are the rules. The only way around this is to establish a box on the position requiring two accounts. If you are long and decide to place two sell orders routing them through soes and selectnet, then the first one will be the one that closes the long, the second one will open the short. -Sword

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