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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?


To: Shoot1st who wrote (3903)12/1/1998 9:11:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 4969
 
you are in rare form tonight..LOL..i'm just glad i'm on your good side...i am right shoot?



To: Shoot1st who wrote (3903)12/1/1998 9:15:00 PM
From: steve goldman  Read Replies (2) | Respond to of 4969
 
Shoot,
I'd disagree...
soes is probably the last execution system I use. Out of the 12 to 15 that
we use for OTC stocks, I'd say SOES is second to last. The market makers
know how to minimize their exposure to it, and as well, all the daytrading
shops offer it and its simple to use, so you have tons of traders chasing
the same stock with the same gun...it doesnt fly.
you need as many systems as possible.
i'd say i personally work about 100 executions per day and less than 2 are
soes..
regards,
Steve@yamner.com