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

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To: brec who wrote (54)4/11/1999 4:50:00 AM
From: Savant  Read Replies (1) of 314
 
You looked up the wrong word. You should have looked up MARKET.
Websters '49..Market..A meeting of people for traffic by private purchase and sale, and, usually, not by auction.
There is no mention of a 'spread'..that should be confined to something like Blue Bonnet.
When I want to sell something, I should be able to sell it to an interested buyer, facilitated if necessary by a 'broker' to do the paperwork and verify that the stock is there and valid...that's it.
I don't want to pay some person a 'markup' just for getting in my way. In theory, MMs are a good idea, in practice, they cheat me out of my money.
Can there be a difference between the buyer's price and the seller's price? Sure, that's called haggling, bargaining, dickering, and a lot of other venerable terms. I want to do it direct. 24/7
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