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Earl ane others,
Is this A/C/E electronic bonds platform offered by most of the regular
futures brokers to us the small traders?
If not, could someone please name a few brokers which offer such at this time
or in the near future?
Thank you.
Bill
>>>>>>>>>>>>>In a message dated 11/7/00 7:45:14 AM Pacific Standard Time,
eadamy@xxxxxxxxxx writes:
> Subj: [RT] Globex vs ACE fill algorithm
> Date: 11/7/00 7:45:14 AM Pacific Standard Time
> From: eadamy@xxxxxxxxxx (Earl Adamy)
> Reply-to: realtraders@xxxxxxxxxxx
> To: realtraders@xxxxxxxxxxx
>
> It's my understanding that Globex uses a first in first filled
> algorithim at any given price which insures a level playing field for
> smaller traders. I'm seeing more and more trading in the ACE
> (electronic) bonds and I'm wondering if they use the same first in first
> filled algorithm or an algorithm weighted by order size which would
> favor larger traders? With ACE at the retail level being offered/planned
> by a number of updated order entry systems, a FIFF algorithm might
> provide better fills to small traders when price is trading at
> support/resistance.
>
> Earl
>
>
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