SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?


To: funk who wrote (3109)2/20/1998 7:52:00 AM
From: steve goldman  Read Replies (1) | Respond to of 12617
 
Funk...

DK..jargon for Don't Know. ....

ie....I call ABCD firm for a trade....buy 5000 GE at 77 1/8. The trader does the trade at MLCO. He sells to me, I buy.

Later, the stock runs 2 points higher. Trader realizes he just missed 10K$. As we try to lock it in on the electronic ACT system which locks in phone trades, I realize he didnt put his side of the trade into the system for locking.

I call him. What do you know, he DKs the trade. Yamner? hmmm, don't remember that call sorry.....
With tape machines and honorability?, it doesnt happen much and over the past few years, I cant remember having it happen more than once or so. It happens more in the context of the person saying, "10000, i thought you said 1000, no sorry, we know 1000, not 10."

DK- dont know.

Regards,
Steve@yamner.com
yamner.com



To: funk who wrote (3109)2/20/1998 5:15:00 PM
From: TFF  Read Replies (2) | Respond to of 12617
 
FYI: I will be operational with Ultimate Trader (UT - from now on) on Monday, so hopefully I will be able to add some input about my experiences using A.B. Watley's services in the coming weeks.Stay tuned.