Recent Content by Gene Weissman

  1. trades attributed but not placed

    Just a note. It can be disturbing to find trades in your account that you feel might not be yours. There are several precautions you should take...
    Post by: Gene Weissman, Jun 25, 2003 in forum: Order Execution

  2. Routing Orders (NASDAQ)

    Just a note. Since the Bid-Ask spread is .01 , if you use ARCA(Pro-active) for market orders on REDI+ for example, your EDAT software will seek...
    Post by: Gene Weissman, Jun 3, 2003 in forum: Order Execution

  3. QQQ Short Interest

    indahook, The AMEX has a specialist system , with MM's in the crowd. Some are locals , others are backed by big trading firms....
    Post by: Gene Weissman, May 28, 2003 in forum: Order Execution

  4. QQQ Short Interest

    Just a note. While a large Short Interest in ETF's may be a bullish contra-indictor , be aware that a large short positions in ETF's may be...
    Post by: Gene Weissman, May 27, 2003 in forum: Order Execution

  5. QQQ Short Interest

    GreenDog, I was a MM in SPY's on the AMEX some years back and from my experience, even though ETF's are open-ended, they can be hard to...
    Post by: Gene Weissman, May 27, 2003 in forum: Order Execution

  6. QQQ Short Interest

    QQQ's could be hard to borrow at times, but they are open ended and more can be "created". E-Brokerage, LLC clears through SLK and we have not...
    Post by: Gene Weissman, May 26, 2003 in forum: Order Execution

  7. QQQ Short Interest

    Just a note. QQQ's are an index basket that can be created with a deposit of a basket of QQQ shares called a "Creation Unit", in a depositary...
    Post by: Gene Weissman, May 24, 2003 in forum: Order Execution

  8. Lawsuit Mutual funds vs. NYSE/Specialist

    bmwstox , There is a conflict of interest in many peoples minds when the "dealer" is also handling public orders and trades for his own...
    Post by: Gene Weissman, May 13, 2003 in forum: Order Execution

  9. Lawsuit Mutual funds vs. NYSE/Specialist

    axeman, Good point. The "rules" and reality are two different things. That's way many traders now trade NYSE stocks on ECN's. When the...
    Post by: Gene Weissman, May 13, 2003 in forum: Order Execution

  10. Lawsuit Mutual funds vs. NYSE/Specialist

    axeman, Believe it or not the NYSE specialist actually has rules he must follow. I was a specialist clerk , in my younger days and one of...
    Post by: Gene Weissman, May 12, 2003 in forum: Order Execution

  11. Lawsuit Mutual funds vs. NYSE/Specialist

    Pabst, This is an interesting topic. I was just giving an exampe of a fragmented market (NASDAQ) vs a centralized market place(NYSE)....
    Post by: Gene Weissman, May 12, 2003 in forum: Order Execution

  12. Lawsuit Mutual funds vs. NYSE/Specialist

    Just a note. I think the NYSE in general is a fair marketplace, with problems like any other organization. The role of the NYSE specialist has...
    Post by: Gene Weissman, May 11, 2003 in forum: Order Execution

  13. Cheap Australian brokers?

    Daryl Guppy is an equity and derivatives trader in Austraila and covers the Asian Markets. He has a web site called GUPPYTRADERS.COM at...
    Post by: Gene Weissman, May 4, 2003 in forum: Order Execution

  14. NYSE 'investigation'

    dalegrief, Some platforms do not have NYSE Direct or it may have to be "asked for". A regular NYSE execution can be alot slower. The...
    Post by: Gene Weissman, Apr 28, 2003 in forum: Order Execution

  15. NYSE 'investigation'

    gaj , I didn't read the NYSE article you spoke about, however I think speed of execution goes to NASDAQ by far. If you trade NYSE stocks...
    Post by: Gene Weissman, Apr 27, 2003 in forum: Order Execution