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Non-Tech : CyBerCorp.com -- Ignore unavailable to you. Want to Upgrade?


To: Dominick who wrote (541)4/20/2000 2:44:00 AM
From: johnsto1  Read Replies (1) | Respond to of 1001
 
what type of order do most of you use? Do you use preference,ecn,ecn preferenced,MM,preferenced MM,or some kind of find the best fill? thanks.



To: Dominick who wrote (541)4/20/2000 10:21:00 AM
From: theloveman  Respond to of 1001
 



To: Dominick who wrote (541)4/20/2000 2:08:00 PM
From: brec  Respond to of 1001
 
How about Cybercorp adding another type of order called, lets say......"order Flow"? They could contract with one or two MM's to fill at the inside market. This would be an added advantage.

Interactive Brokers (another direct access broker) tried this with two different MMs but each was discontinued after a while. I'm guessing that the problem is that order flow from direct-access brokerage customers is not profitable for the MM.