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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?


To: TFF who wrote (6152)1/7/1999 6:20:00 PM
From: Rod Anderson  Read Replies (1) | Respond to of 12617
 
Now Goldbug will be able to sell massive amounts of shares and no one will know who is unloading. We will just see that the trades were executed on TNTO. In the past, when GSCO was alone on the ask and the ask was not moving despite heavy buying, it was a good sign Goldman was dumping mega shares and the stock would go down. Now it seems that Goldman's traders have a new weapon to use against us daytraders.



To: TFF who wrote (6152)1/7/1999 7:55:00 PM
From: TraderAlan  Read Replies (2) | Respond to of 12617
 
TAF,

Now...will E Trade still go ahead and cut a deal with Island? If they do, they're in a position shake up the EDT brokers badly. Their fee structure probably won't drop below $14 but their competitors will cut deals fast with both ECNs and Townsend. In that case, a discounter like Brown could go under $10 limit orders for most ECNs.

Does Cyber plan to ever 3rd party their software?

Finally,does anyone know when INCA plans to go retail with after-hours trading or is it just my imagination? Put all the pieces together and you have a 24 hour virtual market that's inexpensive to trade.

Alan