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To: gumnam who wrote (36938)8/2/2003 8:40:10 PM
From: TobagoJack  Respond to of 74559
 
Hello Gumnam, Having been a willing victim of the houses when I bought individual bonds, I can see how <<Market Axxess>> evens the odds for small investors in a murky market.

I have not seen Market Axxess in action, but I would believe better transparency makes it more difficult for all previously privileged players as their privilege is not as great. If so, then, at the margin, every little bit of added information helps to destroy premium.

Chugs, Jay