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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: allii who wrote (45605)	5/3/2000 2:12:00 PM
From: stu fabian	Read Replies (1) \| Respond to of 150070

Thanks allii, very interesting....... Stu

To: allii who wrote (45605)	5/3/2000 2:35:00 PM
From: Qone0	Read Replies (2) \| Respond to of 150070

The memo, dated March 20, followed a page-one article in The Wall Street Journal several weeks earlier about Knight/Trimark Group Inc., Nasdaq's biggest dealer, or market maker. The firm, based in Jersey City, N.J., executes hundreds of thousands of orders a day sent to it by online and discount brokers. The article described, among other things, how Knight uses knowledge of its customers' order flow, including pre-opening orders, to aid its proprietary trading. Everyone does know that this is the only way that these cheap online trading commissions are possible don`t they? Without knight trading against or shall I say front running their clients there is no way they can make any money. How much money do they make for just doing a trade for a client?