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In a message dated 98-06-12 21:50:55 EDT, jhudis@xxxxxxxxxxxxxx writes:
<< Can someone please explain what the Short Order Execution System is and
why it is so fast. I trade stocks by computer from my home and
understand that the SOES "bandits" are way ahead of everyone else on
executions etc. I have this image of these "boiler rooms" of traders
who pay a fee to be there taking eights, quarters and halfs all day.
Please explain.
Thanks, Jeff >>
To read more about these "boiler room" bandits, please see Forbes 4/6/98 issue
front cover and page 114-119.
William
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