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To: Morpher who wrote (10651)12/18/1998 10:16:00 PM
From: Esteban  Read Replies (1) | Respond to of 16892
 
Actually the SelectNet broadcast is considered an ECN under SEC rules.

Does this mean you can attempt price improvement narrowing the inside spread with a limit order Selectnet broadcast? If so, who represents the order on Level II?