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


To: Dave O. who wrote (3121)5/27/1998 8:07:00 PM
From: steve goldman  Respond to of 4969
 
They can still represent the order as agent only for those trades, doing business against the other mm in the stocks....as to whether they must pull out, I think they may have done so to avoid a conflict or issue with inside info, but I do not know of a rule per se., but then I am no expert on all the thousands of NASD's and SEC's rules.
-Steve@yamner.com