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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: TFF who wrote (7428)	6/4/1999 4:19:00 PM
From: Dan Duchardt	Read Replies (1) of 12617

But sometimes that is not a bad thing as your order now is auto executed vs being ignored by MM's and/or chasing island down the pipe Can you elaborate on "auto execution". I've traded with a direct access system (ATTAIN) and know well the inherent problems competing with other traders for limited shares and being ignored by MMs, not to mention the legal tools MMs have at their disposal that have rendered SOES and SelectNet virtually useless in many cases. I'm beginning to believe payment for order flow is not so dreaded as some of these "direct" folks would have us believe, but I've never used such a system.

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