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Mark&TC wrote:
> Peter,
>
> I clerked for a market maker in the OEX pit. I watched the floor brokers,
> and the fact is that every time they get a new order they have to rifle
> through their deck which takes time and their attention, and maybe a
> possible missed execution of a order...or a missed scalp on a
> trade...that's the real issue...so my rebuttal stands.
This is scary stuff - even the NYSE has SuperDOT - goes to show you how bad
this 19th century process can get. Shuffling through papars - good Lord! I'll
never complain again about the few seconds it takes me to replace orders.
A.J.
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