Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: Morpher who wrote (8131)	4/11/2000 10:32:00 AM
From: Wayners	Respond to of 12617

The supermontage seeks to link scattered markets created by Reuters Group Plc's Instinet Corp and the eight other low-cost electronic trading networks. It would have dealers' screens list the three best buy and sell quotes for any stock, instead of just one, and would list quotes from Nasdaq dealers and the electronic networks. Dealers and investors now must search for the best prices among the different networks. What does this gobeldygook mean. I can already SNET preference any ECN I want. Its hard to believe, but there must be people who can't, but I think its more a matter of people that won't. With regard to the "search" for the best quote and showing the 3 best inside quotes---Level II already does this so this makes no sense. If they are talking about making Level I quotes show some depth thats fine with me. This stuff seems to be trying to help people that are too cheap to pay for a direct order entry broker and Nasdaq Level II quotes. I already stated my mind on the order flow fragmentation--the real problem.