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Non-Tech : MB TRADING

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To: wily who wrote (2299)11/26/1998 10:29:00 AM
From: Rick Faurot  Read Replies (1) of 7382
 
wily,

Thanks for all the latest updates on connections technology. Also, thanks for the corroboration on Paul's problem. I would add that I have been using SNET recently to avoid displaying so as not to push the market in a certain stock away from my price. This is handy some times. SNET is a little slower than ISLD and a little faster than ARCA, in my experience at least, but SNET does work. Traders should note as I have posted earlier, that preferencing via SNET causes your order to be displayed to only one MM, which is very limiting. I think broadcast is more effective since you will still hit that MM as well as others. But I know some guys (one guy on this thread, I forget who it is) use SNET Pref extensively, supposedly with success. Maybe I just haven't figured it out yet.

Rick
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