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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: Steven Bowen who wrote (2207)1/8/1998 6:02:00 AM
From: Daniel Goncharoff  Respond to of 12617
 
My understanding is that the trading curbs do not actually ban program trading.

The trading curbs ban the electronic submission of program trades thru systems that transmit, say, 500 trades simulataneously to the market to buy or sell the s&p500 components.

Program trades can still be done one trade at a time, one right after another. Perhaps not practical for the SP500, but very easy for smaller number of shares, say the DJIA or an industry index.

TheGonch


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