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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?


To: Eric P who wrote (4830)8/1/1998 11:27:00 AM
From: TraderAlan  Read Replies (2) | Respond to of 12617
 
Eric,

Thanks. {my wife thanks you as well as she hasn't been able to sleep since this issue started). I understand the pay for order flow issue. Brown has always been a straight. They will lose their big money accounts (including mine) in a hurry if this isn't fixed immediately.

If I can ask for another comment from you or others: considering ALL my trading is in the big four DELL, CSCO, MSFT, DELL, does anyone see any benefit for me to move to ECN/direct entry?

Considering their liquidity and low spread, can't find a way to make ECN price improvement significantly overcome the increased transaction costs (since I'm usually buying 1/16 above the bid most times anyway).

Alan