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> Hi Patrick,
>
> You wrote:
> > Don's "questionable" (whether it was or not I do not know) trade was
> on BA, I believe. BA is not NASDAQ, Schwab cannot get any better a
> fill than you or I.
> I believe that there is a general misunderstanding concerning how some
>
> of these trades work, both on NASDAQ and NYSE stocks.
>
> Likewise, the time reported by Schwab to the customer may not be the
> time that the trade actually took place, but the SEC permits trades to
>
> be "slipped" in time up to 3 minutes. I know, because I have used
> another major firm and they sometimes pick off parts of my trades,
> give
> apparent "price improvement", but as I watch time and sales the NYSE
> trade really takes place in Chicago or Boston depending upon the
> stock.
> If I can save a 1/8 of a point going in and coming out, and they make
> money, so be it.
>
> R Tareilo
Randy is correct about the above and if this alone is the reason that
Green
got kicked off this list them the list operators need to rethink
justification.
Zephyr
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