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Non-Tech : JPR Capital -- Ignore unavailable to you. Want to Upgrade?

To: LiveWire who wrote (440)	5/10/1999 1:21:00 AM
From: dave carroll	Read Replies (1) \| Respond to of 495

From my experience you'll lock/cross up ISLD with JPR if the order calls for it, just like anywhere else.

To: LiveWire who wrote (440)	5/10/1999 11:36:00 AM
From: Wayners	Read Replies (1) \| Respond to of 495

Its easy to lock or cross the market. The key is whether your limit price has a match on the ISLD book. If there is a match on the ISLD book at your price, there is no lock or cross, even though the transaction may occur away from the inside bid or ask. However if there is no match on the ISLD book at that time, you will lock or cross the market if your ask is equal to or less than the inside bid, or your bid is equal to or greater than the inside ask.