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Re: decreasing spreads



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The poor prianha will finally have to play on a level playing field: they
may have to even be good traders to make money now.


----- Original Message -----
From: "--" <hadrada@xxxxxxxxxxx>
To: "Omega List" <omega-list@xxxxxxxxxx>
Sent: Tuesday, May 22, 2001 6:15 AM
Subject: Re: decreasing spreads


:  However, one common "complaint" was that the
: opportunity for making big bucks trading in the pits is
: coming to an end.  Profits were being squeezed out by
: computerized trades, and ever decreasing spreads. Floor
: traders are working harder and earning less.  Many are
: calling it quits.

About time. These thieves deserve everything they've sowed. I can't wait for
the day the exchanges get rid of the its altogether and go fully electronic.