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

To: wily who wrote (1487)	10/19/1998 11:08:00 PM
From: DougB	Read Replies (2) \| Respond to of 7382

>All in all, though, it looks like everyone is trying to tell me that Island is Island and everyone who uses it has the same problem. How discouraging.< Yes, it is discouraging. As I see it the "problem" with ISLD in this case it that it pulls your order to refresh it, rather than just reducing the size. MM's that are the only one on the inside market frequently decrement their size without momentarily disappearing first. On a more pragmatic note, what the heck is really wrong with locking or crossing the market anyway? Gonna lead to anarchy or something? So what if A wants to buy at 3/16 and B wants to sell at 1/8? Instant arbitrage? Big Deal! Let the market get on with it. db