Boycott the NYSE !!

I honestly prefer decimals. You can read the bastard better, spreads are down to a nickle on average instead of 12c. You can penny anyone rather than having to pay up 6c. You also have 2 new weapons. NX is god. But NX is the redhead kid compared to openbook. Openbook changed the world. With it, we can rule. In fact with it, you are the specialist. If you can't make money, then you should find another career that is easier.

I personally am off to my best year so far and only trade nyse stocks. I think that all changes have been for the better.
 
p2,

what platform are you using to trade NYSE?

As for the way the exchange functions, you at least have a choice. If you like the spec system, you have NYSE, if not nasdaq or globex. And if you really like taking it up the back end, you can trade options.
 
Quote from sammybea:

Obviously, the people of the united states (whom the SEC represents) disagrees with your opinion.
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Sammy, I've got some beachfront property in Provo, Utah to sell you - and I'm going to sell you this property because I can tell you're a smart, honest, hard-working American.

PM me and we'll set it up.
 
i think you are being too harsh....you can trade listed anywhere these days and with Isld jumping in you can have even more competition. What system are you using that you don't see cinc, bos, nyse, inca ect...?
 
Quote from Vinny Gigante:


So I say, BOYCOTT THE NYSE, cut your trading back 75% or 90%. It's in your interest anyway, you'll get robbed less. Boycott, and send a message that this new system SUCKS!

Vinny
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im with you - im only gonna consider the QQQs this week.:)
 
Quote from sammybea:

Sigh.. what evidence do you have that the nyse has a monopoly rather than good business practices. Has the sec ever initiated a complaint that is still pending to that fact? Or is this just your opinion, that is a minority opinion that the nyse is a monopoly. I say its an efficiently run business that is fair to its participants. Just because you say there is a monoplay means shit. What you may perceive to be a monopoly may be the lack of new exchanges to create competition. Hell i think Walmart is a monopoly those unfair bastards. But i am not going to compete against them. You have to do much more than provide a baseless argument. Obviously, the people of the united states (whom the SEC represents) disagrees with your opinion.
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Hey! Welcome to Elite Trader Mr. Specialist.
 
Quote from praetorian2:

...NX is god. But NX is the redhead kid compared to openbook. Openbook changed the world. With it, we can rule.
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You can't be serious P.

1 x 1 markets and ITS orders block NX all the time, making NX frequently worthless. And OpenBook's 3-10 second delay, size spoofing, and a non-complete order book make it worth even less.
 
Both are worthless if you're trading aol. If you're trading something that trades 300k shares a day like most stocks that I trade, the spec will show the whole book, or at least you can piece together what's missing... You'll almost always have at least 500 shares each way to nx him with also.

I'd never trade aol/tyc etc. those aren't possible with the new tools. Trading something more thin is.
 
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