SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?


To: TFF who wrote (4710)7/16/1998 5:35:00 PM
From: John Hunt  Respond to of 12617
 
The stock exchanges didn't put the 20% circuit breakers in for nothing ... That's 1600 points on an 8000 Dow.

The daytraders will get out limping, but the investors will get killed.

Not sure when, but it will end in tears! And the market makers will laugh all the way to the bank.

Now, I need a glass of wine.

< g >

John




To: TFF who wrote (4710)7/16/1998 7:50:00 PM
From: OpenMind  Read Replies (1) | Respond to of 12617
 
Actual Order Size?

If the so called "actual order size" rule is implemented, we should be able to see bid/offer for large blocks on the L2 screen, that has not happened, but there seems to be more and more MM's showing 100 and 200 shares on the bid and offer. Does that look like a level playing field to you?




To: TFF who wrote (4710)7/16/1998 9:06:00 PM
From: Leland Charon  Read Replies (2) | Respond to of 12617
 
irby,

I don't think these new rules will effect most nasdaq stocks at all. The pilot program of 150 stocks (I think) has been in use for over a year and has not "upset" the applecart so to speak. GSCO and all the other big firms will still bid and offer 1,000 shares on most occasions. It will not be cost effective for these firms to trade 100 share lots. Lets remember, they are in this game for the money too.

Leland