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Michael:
Yes, I agree that the advent of electronic trading, while it is still
'simultaneous' with pit trading, has brought new problems to many traders. I'd
love to trade the NY exchanges when everyone is electronically trading and the
advantage of the floor traders/brokers is diminished...but until the major
markets here are 'all electronic, all the time,' I'll stay with my pit broker
and a phone.
Best,
Tim Morge
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