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Let MBT become a broker dealer, lower their rates thirteen bucks a trade, and become competitive like JPR and I would have not problem. Interesting how JPR uses RealTick, but not ARCA!!, and clears Southwest! Why should Terra Nova branch office customers get ripped off twice, once with commission dollars, and once with proprietary trading being done by Terra Nova. For an ECN to engage in proprietary trading is not illegal, it is just ethically wrong. It is interesting how Instinet and the Island do not engage in proprietary trading. Well, lets see how this market does today. Yesterday for you triva Dow types, it was the second day in less than a week that the Dow closed on the high print of the day. Yesterday was an awesome day, one to remember for a long time. |
