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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: LPS5 who wrote (8704)	1/30/2001 9:28:10 PM
From: TFF	Read Replies (1) \| Respond to of 12617

"We heard testimony...that two investors buying the same bond at the same time from the same dealer can be given very different prices, differing by as much as six percent, a full year's worth of interest," Dingell wrote. "This situation is unacceptable and should not be allowed to persist." Yes, yet another large revenue stream for brokerages which is about to be obliterated by the transparency of electronic markets. No wonder they are hard selling those wrap accounts with their annual "management" fees to their retail clients.