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Re: know a HONEST brojker ? was Re: NY Markets/ Tom Cathey


  • To: <omega-list@xxxxxxxxxx>
  • Subject: Re: know a HONEST brojker ? was Re: NY Markets/ Tom Cathey
  • From: "Neil Jon Harrington" <njh@xxxxxxxxx>
  • Date: Tue, 31 Mar 1998 07:24:24 -0800

PureBytes Links

Trading Reference Links

Hans,

Ouch! I goofed. Thanks for the correction.

Neil
-----Original Message-----
From: hans esser <he96@xxxxxxxxxxxxxx>
To: Neil Jon Harrington <njh@xxxxxxxxx>; omega-list@xxxxxxxxxx
<omega-list@xxxxxxxxxx>
Date: Tuesday, March 31, 1998 4:05 AM
Subject: Re: know a HONEST brojker ? was Re: NY Markets/ Tom Cathey


"Neil Jon Harrington" <njh@xxxxxxxxx> wrote:

> I may have missed your point about this being an example of Lind
> Waldock being a good broker.

Yes you obviously did !

> This story seems to indicate that they
> didn't know what was going on since their time and sales was
> inaccurate.

There is not such thing as  'their time and sales' - but only one and
that is ought to be correct, therefore it gets adjusted by the
exchange after discovery of missing or bad trades.