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.
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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...?
aa- I trade on ib. I know it's stone age tech, but it's cheap and I honestly prefer it to any other broker I've ever used.
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.