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


To: whuffo who wrote (672)8/1/1998 12:19:00 AM
From: CanynGirl  Read Replies (1) | Respond to of 7382
 
ARCA tries to hit the ECNs first so it will automatically try what you suggest.

I wish that were true, but not in my experience. I've watched a chip bid at the offer with only one ECN offering. No one takes him out and TNTO shows up at the bid. Now the bid and offer are the same. I go in and SNET preference the ECN and take him out. Offer upticks. Sorry, it's what I've seen and experienced.

And you are correct, chips could be from someone other than MBT.