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Free trades? Why should you get free trades? Because you provide
liquidity? Who benefits from the liquidity you provide? Banks? Mutual
funds? Soros?
If you don't pay anything to trade, who will provide you the
computers/networks/accounting systems to trade with? Those things cost
money. Will the banks and Soros pay for those systems so you can provide
them with liquidity? Who will trade against other parties when those other
parties own the systems?
If you think trading [healthcare/education/software] is expensive now, wait
until it's free.
Kent
-----Original Message-----
From: [ tradergirl ] <tradergirl@xxxxxxxxxxxxxxxxxx>
To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Date: Sunday, May 21, 2000 3:07 AM
Subject: Re: Where is the Futures Industry Headed?
A computer, an internet connection = floor trader on the digital marketplace
somehow, someday . . . I pray before I go to bed each night, that brokers
will
stop skimming off the top $10/rt or whatever on my 50 lots. Come on!!! $500
a pop!!! give it up!!! It isn't bad for the newbie who thinks $16/rt is
great. But
when we do volume? It is ridiculous and SOME of us more intermediate
traders
know exactly what I am talking about. I think we should get free trades
after 10
lots for the sake of us creating liquidity. How is that for a concept?
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