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Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?


To: desert fox who wrote (4324)1/16/1999 8:14:00 AM
From: nord  Read Replies (1) | Respond to of 13953
 
A word of caution.
As we move from individuals matching buy sells and taking a little for themselves on each trade to electronic trading ie computerized matching we will eliminate the need for MM and it will be good night nite. The technology is being built now. The real beauty of e commerce is you reduce the number of middle persons, mortar, and brick thereby reducing cost. If you can do it cheaper, more fairly then why would anyone go thr a money make, I mean marketmaker.
Norden