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


To: spotter who wrote (3323)6/30/1998 12:38:00 AM
From: pt  Respond to of 4969
 
When I placed two such orders (on some options) with e.Schwab last
fall, they immediately cancelled the second order, contacted me
directly, and then claimed it was against SEC regulations to, as
they called it, "play both sides of the market." I thought their
statement was absurd, but didn't ever find the details to refute
their statements.

Paul