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To: GraceZ who wrote (70368)2/22/2001 2:13:30 PM
From: John Graybill  Read Replies (1) | Respond to of 436258
 
For some brokers, the phone is the only way to get a decent execution. At Quick & Reilly, for example, the internet is just an alternate way to get the order to the human on the floor. After it gets printed out and hand-carried, that is. Five minute turnaround. Plus, there's still many orders of magnitude more probability that your computer will just sit there and stare you at any point in the order entry cycle, or after it's finally placed, than that your phone will just drop dead.

(edit at 14:17: man those moves up sure are spikey, like a bunch of short squeezes that barely stick)



To: GraceZ who wrote (70368)2/22/2001 2:15:01 PM
From: Earlie  Respond to of 436258
 
Grace;

I do. And I've traced through the actual path taken by a trade order when one submits it via the net. (NG) When we get ugly days, I want good execution.

Best, Earlie