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To: TIG who wrote (3839)9/8/1999 9:11:00 PM
From: Gary Korn  Read Replies (2) | Respond to of 10027
 
TIG,

LAB is a NYSE "specialist." I'm not sure how many NYSE-listed stocks it handles, but I would think this is a rather limited niche.

NITE, in contrast, is a market maker handling NASD, OTC and NYSE stocks (for NYSE trades not sent to a specialist). NITE also is adding international equities and options, trading in all sorts of exchanges, bourses and houses outside of the NYSE.

Gary Korn