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Re: Computerised Markets??


  • To: "James F. Mazzulla" <tagteam@xxxxxxx>
  • Subject: Re: Computerised Markets??
  • From: "Michael Stewart" <MPST@xxxxxxxxxxxxx>
  • Date: Thu, 6 Aug 1998 11:48:35 -0400 (EDT)

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Jim/James,

Thanks for Darwin.  Do you suppose all locals in the S&P will migrate to the
screen?  How would that change the price action ?


>On Thu, 6 Aug 1998, Michael Stewart wrote:
>>Yesterdays news from the CME/CBOT has to be another nail in the coffin for
>>openoutcry - BUT as a TS user I'm wondering whether the promise of (only)
>>computerised markets will be a benefit at all?.....
>
>Wonder no longer; the answer is a resounding "NOPE". Please
>excuse the expression but if you suck trading open outcry
>markets you'll also suck trading "computerized" markets.
>
>Best regards,
>Jim
>