|
PureBytes Links
Trading Reference Links
|
right now the ecns' are doing approx. 50% of the
daily qqq volume with quoted prices better than the exchanges
most of the time and instant execution instead of
the specialist jerking you off in the execution specially
on the stops.
i'm constantly using ecn's to trade the cubes-you
also save specialists fees that way.
the biggest artificial price right now is an
exchange listed seat that will collapse as soon as the
good boys at the sec decide that
the intermarket system needs to include the ecn's orderflow.
if that happens those seats will collapse just like
the option seats when ISE got on board.
i like to use the analogy of the NYSE as
that overpriced and overrated Country Club that only selected few are allowed to
join and benefit from its <FONT face=Arial
size=2>membership.
then again i'm biased as i was a market-maker
for 15 years. a simple definition of a market-maker is that you compete
in the marketplace for the execution and
positioning of the order-flow; a specialist doesn't have to compete-he just
quotes the prices where it serves his best interests as long as he satisfies the
minimum liquidity and quotation rules as established by the
exchange.
.
i use cybertrader by the way.
tv
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Clyde Lee
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Tuesday, July 16, 2002 12:31
PM
Subject: Re: [RT] QQQ
You are correct insofar as TS6 is
concerned.
I see: NASD, CHGO, USAM, NYSE, PHLX, BOST,
USCO, CINC
- - - - - - - - - - - - - - - - - - - - - - - - - - - -Clyde
Lee
Chairman/CEO (Home of
SwingMachine)SYTECH
Corporation email: <A
href="mailto:clydelee@xxxxxxxxxxxx";>clydelee@xxxxxxxxxxxx 7910
Westglen, Suite 105
Office: (713) 783-9540Houston, TX
77063
Fax: (713) 783-1092Details
at:
www.theswingmachine.com- - -
- - - - - - - - - - - - - - - - - - - - - - - - -
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Levent
Erbora
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Tuesday, July 16, 2002 11:06
AM
Subject: Re: [RT] QQQ
You wouldn't see QQQ's on a Level2, since it is
an exchange traded (listed) security;
the typical display you see with the market
maker depth is for Nasdaq stocks only.
On the other hand, I have Real Tick and on this
platform, you can display listed stocks, including QQQ in a Level2 window,
but instead of seeing different MM's on the tiers, you just see the quotes
from all the different local exchanges they are traded on (like
NY, AMEX, Nasdaq, Boston, Chicago, Phila, Cincinnati, etc.)
Regards,
Levent
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
JAC1390@xxxxxxx
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Tuesday, July 16, 2002 11:48
AM
Subject: Re: [RT] QQQ
<FONT lang=0 face=Arial size=2
FAMILY="SANSSERIF">I am paying for Level 2 but QQQ's aren't shown.
To unsubscribe from this group, send an email to:<A
href="mailto:realtraders-unsubscribe@xxxxxxxxxxxxxxx";>realtraders-unsubscribe@xxxxxxxxxxxxxxxYour
use of Yahoo! Groups is subject to the <A
href="http://docs.yahoo.com/info/terms/";>Yahoo! Terms of Service.
To unsubscribe from this group, send an
email
to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour
use of Yahoo! Groups is subject to the <A
href="http://docs.yahoo.com/info/terms/";>Yahoo! Terms of Service.
To
unsubscribe from this group, send an email
to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour
use of Yahoo! Groups is subject to the <A
href="http://docs.yahoo.com/info/terms/";>Yahoo! Terms of Service.
Yahoo! Groups Sponsor
Click here to find your contact lenses!
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|