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To: Sir Francis Drake who wrote (2663)7/21/1999 10:17:00 PM
From: Testy_Coles  Read Replies (1) | Respond to of 10027
 
ECN's could very well be a threat, however it is my understanding that the SEC will not allow any new ones to be created. In order to make use of an ecn you either have to be an individual with direct execution software or a market maker.

What am I missing?