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Non-Tech : MB TRADING -- Ignore unavailable to you. Want to Upgrade?

To: Sword who wrote (480)7/12/1998 5:01:00 AM
From: Char  Respond to of 7382
 
Thanks Sword & jawd. I think I understand now. EOM
Dave



To: Sword who wrote (480)7/12/1998 8:23:00 AM
From: AHM  Read Replies (1) | Respond to of 7382
 
Wonderfully clear explanation. I have copied it in an e-mail to my on-line broker which uses ARCA but not ISLD and asked them if perhaps they should use both and give us a choice. I had no idea that ARCA does not allow us to make a market and is so restrictive when we bid at or above the inside offer.

Thanks for taking the time to post this message.



To: Sword who wrote (480)7/12/1998 1:10:00 PM
From: CanynGirl  Read Replies (2) | Respond to of 7382
 
Sword, I don't understand why you say ARCA does not allow you to make a market. It is true that it goes through a preferencing sequence first, but if that fails, it then displays your bid on the TNTO ECN.


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