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Strategies & Market Trends : From the Trading Desk

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To: steve goldman who wrote (4156)	2/6/1999 3:04:00 PM
From: Ben Black	Read Replies (2) of 4969

>>>>>>>>We, though, use about 22 other systems, including several auto-ex, instant fill systems from many market makers. I suspect that the direct-entry firms can't get access to the market-makers auto-ex systems because the big nasdaq firms won't trade with them unless they have to? I don't think payment for order flow is patently wrong- as long as it is disclosed, and used in the best interest of the customer orders. regards, ben black

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