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Strategies & Market Trends : Trading For A Living

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To: Eric P who wrote (1565)4/17/1999 10:11:00 PM
From: dpl  Read Replies (1) of 1729
 
" Note: In a very fast market, I
understand that market makers can and do turn off their autoexecution systems and
complete all fills manually. I don't think this happens very frequently, though. Have
you, Barb or Gary Korn noticed this frequently or at all?"

Let me answer for Fido.In a stock like Dell at the opening when there is news they will turn it off for maybe the first half hour.These are the days were Dell trades 100 million shares.Most other times no.

P.S ...lately I have been getting what I would consider very good fills at Fido.

David
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