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

To: Peter H. Hodge who wrote (3114)	2/20/1998 2:25:00 PM
From: steve goldman	Read Replies (1) \| Respond to of 12617

There are safeguards...ie...tape systems for recording all phone calls, etc. The best safeguard is the ACT system where by each side of the trade puts their side up. Ie...i would put up .....BOT1000ABCD10 1/4.MASH THEY PUT UP SLD1000ABCD10 1/4.YAMN The two lockin and its done...they put their sideup automatically as part of printing to the tape, which they are requireed as market bakers to do in 90 seconds....so within 90 seconds, I should know that we are all set. Sometimes, they forget or might have **other reasons for not printing to the tape, putting up the trade , so I have call and demand they put it up...They usuaully say "we know the trade, sorry, printing it now"... We're talk cold hard cash..buck in my pocket is buck out ofthere. Regards Steve@yamner.com yamner.com