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To: gbh who wrote (3882)9/11/1999 5:25:00 PM
From: Gary Korn  Read Replies (2) | Respond to of 10027
 
Gary, why do you think E-Trade doesn't have to pay NITE or whoever (NYSE floor broker, another MM, etc.) to execute that trade? My understanding is they pay for this "service".

Gary,

I don't think E-Trade or any broker pays NITE for order execution (of a limit order or otherwise). To resolve this issue, I'll call NITE on Monday and get an answer. Back to the trenches!

Gary Korn