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Strategies & Market Trends : Canadian Options
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To: Porter Davis who wrote (114)2/6/1997 6:45:00 PM
From: Madpinto  Read Replies (1) of 1598
 
Porter,
It saddens me to read that the TSE has decided to destroy its options
exchange. The German markets trade options exclusively on an automated
system. I had the misfortune of trading VW options for six months using
this horrendous system. The big banks had a great time prearranging trades
and front running their customers' orders. Anytime the markets became
even a little volatile, almost all the bid and offers would get pulled
from the screen. The "market makers" (and I use this term lightly) had
absolutely no accountability. I wish you success in your fight against ignorance.
Mike
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