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OK, what the devil are ECN's ??
donc
>Subject: Re: Level II
> Date: Wed, 26 Aug 1998 21:24:23 EDT
> From: Perthuis@xxxxxxx
> To: carisse@xxxxxxxxxxx, omega-list@xxxxxxxxxx
>
>In a message dated 8/24/98 3:45:44 AM Central Daylight Time,
>carisse@xxxxxxxxxxx writes:
>
><< While there are still hoards of traders scalping teenies all say long, most
>do not try to compete with MM's by making markets (although the wider spreads do
> present some decent opportunities to those so inclined), but rather attempt
>to take advantage of short term minor price fluctuations. While SOES is still
>in use, it has declined in popularity, and ECN's are taking over as the vehicle
>of choice for stock daytraders. *****
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