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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: stock bull who wrote (91480)5/7/2010 3:11:10 PM
From: Jon Koplik  Read Replies (2) | Respond to of 197246
 
Re : Wall Streeters / why no "are you sure you want to trade a billion shares?" - type "fail safe" ...............

Having worked (a long time ago) as a so-called "professional" on Wall Street, the answer is :

People feel that the tiniest incremental gain in speed for order entry outweighs the once-in-a-while error.

Jon.