Do you think its better that the NYSE specialists leave?

Discussion in 'Wall St. News' started by eagle488, Oct 16, 2006.

Should the specialists go or stay?

  1. Go

    30 vote(s)
    66.7%
  2. Stay

    15 vote(s)
    33.3%
  1. You obviously weren't there when the specialists just started going after daytrader orders for their bread & butter, since the institutions took a stand. Or traded a stock where the specialist is essentially nothing more but a maggot in the middle pinching market orders.

    But anyway, if it was so great, why did you stop?
     
    #11     Oct 16, 2006
  2. Waiting for charity is at best a laughable strategy. Tell me why if you place a bid at $26.35 you deserve to be filled at any price other than $26.35?

    The quicker this disappears the better it will be for people who actually trade price movement.
     
    #12     Oct 16, 2006