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: LPS5 who wrote (8260)	6/5/2000 11:36:00 AM
From: TFF	Respond to of 12617

Trade-or-Move Rule Implementation Delayed Until Monday, June 12, 2000 (Alert #2000-40) Please be advised that Nasdaq© has determined to delay the implementation of the National Association of Securities Dealers, Inc. (NASD©) Rule 4613(e), Trade-or-Move Rule, until Monday, June 12, 2000. The Trade-or-Move Rule was previously scheduled to go into effect on Monday, June 5, 2000. The Trade-or-Move Rule alters market participants? obligations regarding the entry of locking/crossing quotes prior to the opening of the Nasdaq market between the hours of 9:20 and 9:30 a.m., Eastern Time (ET). The Rule also sets out specific obligations for parties to a lock/cross, which are determined based on the time the locked/crossed market occurs. It is Nasdaq's understanding that prior to the new June 12, 2000 start date, the Securities and Exchange Commission (SEC) will approve SR-NASD-00-18 which establishes an exemption to the Trade-or-Move Rule's minimum 5,000-share requirement for agency orders. In order to allow market participants to incorporate this exemption into their systems and staff training plans, Nasdaq will delay implementation of the rule for one week. For additional information and Questions and Answers on the Trade-or-Move Rule, please refer to NASD Notice to Members 00-29 and Head Trader Alerts #2000-32 and #2000-35. Questions should be directed to Nasdaq MarketWatch at (800) 211-4953, John F. Malitzis, Nasdaq Office of General Counsel, (202) 728-8245, Thomas P. Moran, Nasdaq Office of General Counsel, (202) 728-8401, or Legal Section, Market Regulation Department, NASD RegulationSM, (301) 590-6410.

To: LPS5 who wrote (8260)	6/8/2000 11:13:00 AM
From: TFF	Read Replies (1) \| Respond to of 12617

Instinet.com to Launch Retail Equity Service in Fourth Quarter NEW YORK, June 8 /PRNewswire/ -- Reuters, the global information and news group, said today that Instinet.com, the retail arm of its brokerage subsidiary Instinet Corporation, now expects to launch its equity brokerage service for private investors in the fourth quarter. Originally targeted for May, Instinet.com will use the intervening period to resolve outstanding issues related to scalabilty and to perform more vigorous testing of the service to ensure the highest standards of security and reliability. These live tests will continue through the summer. Instinet will deliver a different model of retail brokerage by offering investors direct access through Instinet.com to its pool of institutional liquidity.