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Non-Tech : The Island ECN -- Ignore unavailable to you. Want to Upgrade?


To: Candle stick who wrote (30)11/12/1997 9:15:00 PM
From: bogumil  Read Replies (1) | Respond to of 202
 
Same thing happened to me once. I had a buy order for 100 shares
splitting the spread and I got 1 share and then the spread returned
to normal. Who the hell would sell me one share??? the MM?



To: Candle stick who wrote (30)11/13/1997 10:10:00 PM
From: Clark Wang  Respond to of 202
 
How did you know MM do that to your order?
I seriously doubt any credibility on this
sort of claim.

Certainly, the option of ALL/NONE would be
a plus for ISLAND.



To: Candle stick who wrote (30)11/14/1997 12:03:00 PM
From: Jeffrey Citron  Read Replies (2) | Respond to of 202
 
Market Makers rarely send us orders for less then 100 shares.

If you read my previous posts, you will see that there are some new features that solve the odd lot problem. Many of our clients are in the process of, or have made the required changes to their systems to take advantage of these new features.

P.S. The majority of orders recieved that are under 100 shares come from indiviual investors like yourselves

Jeffrey Citron
The Island ECN . . . the power to move the market