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

To: TraderAlan who wrote (870)8/23/1998 11:15:00 AM
From: Gary Korn  Read Replies (2) | Respond to of 7382
 
Alan,

Thanks for your response. Are you saying that I would not experience this type of problem at MB?

Is it really a Fido problem or something of that nature? I have to say, it is tremendously annoying, because I often don't know going into a trade whether I will or won't get a fast fill.

One reason I'd been sticking with Fido is that they work hard to get the confirmed cancel when trading gets taken off of the "automated" system. I was worried that, if this happened at MB, I might be stuck without anyone to help. If it doesn't happen at MB, that's a whole 'nother ballgame.

Best,
Gary Korn



To: TraderAlan who wrote (870)8/23/1998 11:54:00 AM
From: Howard R. Hansen  Read Replies (1) | Respond to of 7382
 
>> The day it happened to me, NASDAQ total volume was 20% below average, which tells me the MMs are playing a new game.

In my heart, I thought Fido might be different. I guess not.<<

If the market makers set the rules as to when trades are automatic or non-automatic I am wondering why you expect Fido to be different? Please explain.



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