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

To: Ramsey Su who wrote (3333)	6/30/1998 8:42:00 PM
From: Spots	Respond to of 4969

To enlarge slightly on Steve's very modes answer, I recently tried to move a fairly large order (through Steve at Yamner) with AON. Although I was willing to take close to the market (I put the order with some discretion), it traded zippo. Finally, at Steve's suggestion, I took off AON, and with that freedom Yamner moved the whole thing at better than the current market. Goodness knows how little or how much at a time (I don't want to know; that's what I pay the well-deserved commissions for). Point is, unless there's a very specific reason to do otherwise, if you have a trader like Steve working for you, let him work it. If you put on AON, you stop the representation which will allow the trader to work the market. I must admit I've also had better luck with web trading brokers without AON, especially inside the spread.