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Biggest issue with assent is daily message limits - their infrastructure is not built to handle high frequency automated trading

Alright guys, listen carefully. The reason why market orders work on nasdaq is because of black-box dealers. They're not nearly as prevalent on NYS, and there's no hidden orders (except for specialist algo and floor brokers, who KNOW that they're the only liquidity other than the book and...

INET gone for me today as well

Yes, NASDAQ is having issues (Bright)

CVX was basically all electronic before the pilot, now the only real difference is "smoother" volatility with more chop but few gaps, whereas before one had the specialist spreading 5-10 cents and printing size during larger moves.

Do you know how indices work? Thanks

You'll get filled on the orders routed to arca...

google to a million, anyone?

You got it chief. It's not nothing, NYSE charges 25 cents/1000 to give or take, but thats a lot less than the $2/3 for arca/isld At least according to the press release, I can only imagine that it will change eventually

If NYS can't match the quote, they are required by Reg NMS to route out, so you will get the other market center's price without paying them to take liquidity (like you would if you sent directly to them)

Surprisingly insightful for ET. Another thing I would add is that perceived liquidity can be incredibly misleading. Also, it's important to mention the issues associated with trading illiquid securities in this manner 1. Impossible to put on size without giving up a lot of edge, thereby...

Possibility of a higher bid

Other than CONSPIRACY, there's no reason you would get routed to arca without price improvement

wow. you're an idiot.

Hmm interesting choice. I would be more conservative and go with vonage, personally.

I am building a conroe system. After originally hoping to get a P5W DH, I have settled for P5B Deluxe as they are actually in stock... My main concern is that I plan to have an ATI x1900xtx on one x16 pcie and a nVidia NVS 285 on the other for four monitors total. Anyone want to take a...

Trading in vegas is murder, I couldn't handle it for more than a few weeks

Hey Don, I might come out and say hello. I trade for Gennady (if you remember him, heh) and traded with Barry and others at vegas Assent last summer.

Any speculation on how hybrid market will effect the role of floor brokers? Especially with new order types

I think I can chime in here. The pits serve essential functions and are much more effective at complex orders (like pack/bundle spreads in ED or even relatively complex options orders) than screen trading, and in my opinion will continue to serve this function forever. What happens is that...