SI
SI
discoversearch

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.
Non-Tech : Meet Gene, a NASDAQ Market Maker -- Ignore unavailable to you. Want to Upgrade?


To: rjm2 who wrote (1244)11/30/2000 8:01:00 PM
From: LPS5  Read Replies (2) | Respond to of 1426
 
Nowhere in my message did I mention a specific ECN.

There are nine of them, and when their quotes are accessed via SelectNet, all of them charge a certain per share fee. I have no idea what particular firms choose to continue or discontinue doing, in the event that this proposal is passed.

Calling it a "tax" merely endeavors to use a word with a broadly negative connotation to distract from the fact that a $20 bid or offer posted on an ECN or ATS, when accessed via SelectNet, is not in fact "$20."

LPS5