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    May they rest in peace: dead firms

    This thread brings back "fond" memories. I can't think of any names to add, but I was in CA when Go went under. I knew the story pretty well... yes, their compliance director did take off to be with a Raider coach (can't remember which one, though). And, the whole Block/Cyber feud was hilarious...
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    question about switching from prop to retail

    Yeah, but you need to be u-4'd with a firm to take a new test. If you're a "customer", you should be u-5'd from your current firm, which means you wouldn't be able to register for any exams. Anyhow, you DO have 2 years to do something about it... you can always go back to prop after 2 years. If...
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    Perpetual NYSE Specialist Abuse

    I don't know anything about them (IB). Many times, it probably is "trade ahead", or the "trade in the crowd" (love that one, although it IS legit). If they are actually checking for you, it may take anywhere from 5 minutes to 45 minutes; the 1 minute I referred to was just to make the phone...
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    Perpetual NYSE Specialist Abuse

    If you get a bad specialist fill (whether it was MKT or LMT), you CAN do something about it. Assuming you have time, or you have someone to do it for you... call to the floor and have DOT services check it out. I see guys get improvements (sometimes .25 - .50/sh) every day. Most times, these...
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