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Strategies & Market Trends : From the Trading Desk

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To: steve goldman who wrote (4465)4/16/1999 5:17:00 PM
From: Monty Lenard  Read Replies (1) of 4969
 
HI Steve.
"This is called a crossed market which during the trading session is considered a violation with few exceptions. This wouldn't be what I would deem an open marketplace for this stock."

If this is a violation, why is something not done about it by the powers that be? May be a stupid question but I just do not understand why this is allowed.

TIA
Monty
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