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PureBytes Links
Trading Reference Links
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An interesting book on a related subject:
"Rogue Trader" : How I Brought Down Barings Bank and Shook the Financial World
by Nick Leeson, Edward Whitley
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At 06:10 PM 3/26/98 -0600, you wrote:
>On one hectic afternoon, I was taken to a back room area where the
>floor clerks, hours after the close, were trying to match tickets and
>slips. I quipped at the time that it looked like someone had thrown
>250,000 tickets and slips into the air, hoping they would match
>themselves. One of the clerks looked me in the eye and told me that
>that would have been quicker and more accurate.
>
>In short, those markets are quoted, traded and filled the way they are
>because they are allowed to get away with it.
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