The death of listed stock trading

OVERtheLINE · Mar 7, 2003

the nyse will lose a ton of business......bottom line

chasinfla · Mar 7, 2003

the one minute chart is becoming obsolete.

sixthbeast · Aug 5, 2003

has this proposal gone thru, or is it still just a proposal? Thinking of trading listed, but don't like this proposal.

GATrader · Aug 5, 2003

Tea,

Given the fact that the specialist is the only one who can see the crowd of $2 brokers who are the ones holding the real orders that move the mkt, why would you want to be a listed mkt maker specially without the fractions? Would'nt that be a severe handicap?

Thanks

Mecro · Aug 5, 2003

Quote from praetorian2:

Isn't this already what the Amex does? This is a small negative, but think of the positives for price improvement when you're slaphappy and bailing. The 2 will counteract each other and you'll make out net-net even.

I think you are absolutely right.

reid5525 · Aug 5, 2003

If they are gonna do it like that I wanna see the top ten bid/ask price levels/qty in the specialist's book.

dnaj65000 · Aug 5, 2003

If there is no more price improvement I doubt there is any need to go through the specialist. I would post to ARCA or INCA where execution and cancels are much faster. It will make the game just like trading Nasdaq. Lots of people posting and canceling size to manipulate the perception of real supply and demand.

DNAJ65000

Ron In-a-sauna · Aug 6, 2003

lotta of this is old news... and lot of clueless input....
...no offense