Supermontage : Danger for Day Trading ?

STOCKTALK

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Strategies & Market Trends
Supermontage : Danger for Day Trading ?

An SI Board Since August 2000

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Emcee: Branakar	Type: Unmoderated

Introduction Compact

Hi, in case you don't know what is SuperMontage, read this:
thestreet.com

Here are some quotes:

“ The result? Whether one were a would-be buyer or seller, anyone thinking they've scoped out the trading picture for the stock would have a fuzzy view at best, and that could cost them money. »

« Another SuperMontage feature will allow market makers to post price and volume quotes anonymously, which also can deprive market participants of useful information. »

So lets talk about it. First I'm amazed how day traders seems to ignore what is Supermontage. I talked in several live chat and no one had a clue what it is.
But I think we should all worry about it because it seems it will seriously affect us. So here is what I would like to talk about:

- How will this system will affect our daily day trading ?

- Do you think its positive or negative for us ?

- How will all the brokers accomodate to it ? Its seems
there is going to be MAJOR changes in our trading platforms and LVL 2 ?

- Ecns are VERY upset about this system, do you think there is a chance they will succeed in winning the battle against Nasdaq ?

Thanks,
Branakar

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