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yes, i know what danny boy meant :))
onward to your points: no, nasdaq has not had a pit, and no, i don't
know about its stability or quality of fills since i've never traded
nasdaq, nor do i intend to start in the future.
again, my point is any futures contract that is electronically traded
will have a pit backup, nasdaq notwithstanding. guess the merc is
trying telling us something, huh? :))
TJ
--- "Donald M. Palumbo, Jr." <dpalumbo@xxxxxxxxxxxxx> wrote:
> I think Dan was referring to the NASDAQ exchange, not the futures
> contract
> traded at the CME. As far as I know, the NASDAQ doesn't have, nor
> did it
> ever have, a physical pit for trading. It's always been completely
> electronic, and at volumes exceeding 1 billion shares/day, seems to
> have
> held up pretty well.
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