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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: John Koligman who wrote (8178)5/5/2000 11:52:00 AM
From: Paul Viapiano  Read Replies (1) | Respond to of 18137
 
Mr. Pasternak says he supports the idea. "There is no justification for the age-old practice of market professionals walling off access to important market information," he told a subcommittee of the Senate banking committee last week. "It is neither fair to individual investors, nor healthy for the marketplace." Mr. Pasternak says limit-order information is not "central" to the firm's trading, and he would be happy to provide his firm's limit-order and opening-order information to a third-party information vendor.

Isn't this the same guy who several weeks ago said that NITE (where he works) takes advantage of limit-order knowledge and therefore they have an edge?

Sheesh...it's like that book "Which Lie Did I Tell?"

Paul