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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?


To: George McMeen who wrote (2218)1/6/1998 2:48:00 PM
From: TFF  Respond to of 4969
 
Let's face it, brokers who are willing to work your order for a discount commission are few and far between. Now for FULL commission there are plenty who will;)

(You should try Steve's firm)



To: George McMeen who wrote (2218)1/6/1998 2:53:00 PM
From: Scott Moore  Respond to of 4969
 
Datek has been pretty decent the last 3 months.
PC Quote level II internet is still $300 a month, and sucks! Too many dropouts on modem connections. It will be interesting if Cybertrader is truly a better animal when it comes to the internet on 1/20/98. However, it has been suggested that even with Cybertrader that you have a T1 or Frame relay connection. Time will tell.



To: George McMeen who wrote (2218)1/6/1998 2:54:00 PM
From: dpl  Respond to of 4969
 
>From what I have seen, I believe Brown sells order flow to the MM's.<

A while back Brown sent me info and they stated that they DID sell order flow but somehow they try to get price improvement???

David



To: George McMeen who wrote (2218)1/6/1998 9:14:00 PM
From: steve goldman  Respond to of 4969
 
Not to be redundant...but a firm that makes markets trades against you. Every 1/8 extra they get is an 1/8 you didn't. Price improvement for the client and making markets seems a contradiction.

regards
steve@yamner.com