After Hours Trading(ECN)-The Coming 24/7 Trading Explosion Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : After Hours Trading(ECN)-The Coming 24/7 Trading Explosion

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: brec who wrote (37)	4/9/1999 2:27:00 PM
From: Lola	Read Replies (1) of 314

To get realistic answers to your questions, you should study how the Toronto Stock Exchange works. They do not seem to be suffering too much because they have a completely electronic system. The Toronto Stock Exchange is justifiably one of the most respected stock exchanges in the world. As for re-educating the investors out there, I think they are alot smarter than the "investment community insiders" are willing to give them credit for. Hell if the regular guy can figure out that the current system is screwing him, I think he can learn the difference between market orders and limit orders (if he hasn't already). The only thing having market markers in the system seems to ensure these days is that your investment will immediately be worth less than what you paid for it. Is that a convenience or an inconvenience? I say that's a huge inconvenience. Having experienced a truly electronic system for most of my investing career, I find the current setup in the US to be quite difficult to accept. I just don't understand why Americans tolerate it. It is the equivalent of buying stocks retail. You can't immediately sell it for what you just paid for it. That's not convenient. The so called "liquidity" which you say your market makers create does not offset the losses suffered due to the MM system. Perhaps your current system would work better than it does if the MMs weren't such criminals. Having MMs is a good idea if it works, but in my opinion it is failing miserably. If it doesn't work, you must fix it. I am sad to say that I find the US stock trading system to be more in line with some third world countries than that of a super power. It's disgusting and a real deterrent to foreigners putting their money in American stocks. Lola

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next