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Non-Tech : MB TRADING
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To: Gary Korn who wrote (869)8/23/1998 10:57:00 AM
From: TraderAlan  Read Replies (2) of 7382
 
Gary,

You're describing the exact reason I left Brown.

One of their traders advised the MMs take executions off automatic at very low sizes now whenever they can justify "fast" markets. The day it happened to me, NASDAQ total volume was 20% below average, which tells me the MMs are playing a new game.

In my heart, I thought Fido might be different. I guess not.

Alan

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