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To: steve goldman who wrote (2923)2/10/1998 9:00:00 AM
From: TFF  Read Replies (2) | Respond to of 12617
 
Steve are you suggesting that if a person averaged 5 to 10 trades a day they would get better execution through you? I don't have a problem with that. BUT it was my understanding you didn't want this type of business. Even if a trader only did 5- 10 trades I am sure he would still want instant execution. I think this is the real question. How quickly could you execute a trade? Let's assume the trader was watching the market and wanted out. If he were using software he could simply preload the order and hit the button when the time was right. If he executed through you he would have to phone you, relay the order, have it confirmed and wait for the trader to input the order and the execute it. Am I off base here on my thinking?



To: steve goldman who wrote (2923)2/16/1998 3:47:00 PM
From: steve goldman  Read Replies (2) | Respond to of 12617
 
OH yeah, someone had asked me if I thought ABWatley was a brokerage firm, that they felt it was improper to call them that.

Well, their ad in Financial Trader indicates that is exactly what they are as they use the term brokerage firm several times in it.

Just thought that they would be the best ones to define who they are. Once again, you are not permitted to transact stock transactions on these exchanges. They must be executed through a memebr of NASD, SEC, or some other member of these exchanges. ABWatley, regardless of how high quality there services are, is by definitionk, you executing broker.

Regards,
Steve