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Re: The end of open out cry?



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On Sun, 21 Jun 1998, Robert wrote:
>Yes its called TOPS and alot of IB's and CTA's have them in there offices
>today.

TOPS is an order =routing= and fill reporting system. It's
jointly owned by the CBOT and CME and is basically for the
benefit of member firms; reduces their "load".  It does not
allow customers to hit/take bids/offers much less enter
their own bids/offers.

Best regards,
Jim