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


To: Michael Turner who wrote (1520)10/22/1998 10:12:00 AM
From: wily  Read Replies (3) | Respond to of 7382
 
Michael, would a preferenced (rather than broadcast) selectnet outside the spread work too?

Also, do you happen to know the rule regarding whether MM's are allowed to cross ISLD orders, (which deletes them). I would assume they are, otherwise, why would they have the built-in delete feature? From the amount of interest in this topic on the thread, it seems to be a very sore point for a lot of traders. I'd also like to know whether Datek (or someone) has it better than the rest of us because, as Mama Bear points out, and as I was pretty sure myself, some ISLD orders do survive being crossed.

TIA
wily