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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (69496)6/17/2004 3:07:31 PM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
OK. Now they know how us off-the-floor traders feel, huh!

<g>

Yeah, sounds serious!!!



To: Real Man who wrote (69496)6/18/2004 11:46:21 AM
From: robert b furman  Read Replies (1) | Respond to of 94695
 
Hi Vi,

It should get serious attention.

It proves that the ole line about specialistwho"use their own money to provide liquidity to the market" is the same ole crock of warm brown moist stuff it always has been.

IN SHORT,the NYSE doesn't need the inefficiencies (read that whoring expense and legal problems) of specialist and they would do themselves well to go public - pay off the good ole boy network and get electronic.

With an emphasis on "get Electronic " first.

JMHO

Bob