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Non-Tech : MB TRADING
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To: Eric P who wrote (1498)10/20/1998 2:11:00 PM
From: Mama Bear  Read Replies (2) of 7382
 
I have observed ISLD lock the market numerous times today. What I mean is that another MM or ECN was at the bid or ask with a certain price and ISLD joined the screen on the opposite side matching that price. What is silly is if GSCO wants to buy 1000 WXYZ at 10 and ISLD wants to sell 1000 (or less) WXYZ at 10, why isn't the trade just crossed?

Barb
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