I noticed today that one of the routing options for nasdaq stocks is CFCO. You can't see this when you first enter the ticker and choose a route, but you can select it from the drop down menu when you have an active order line. Anyone know what this is?
Actually I believe this is supposed to designate Cantor Fitzgerald. I don't think it ever worked, though, at least not for retail customers. Now that IB/Timber Hill has started their own Nasdaq market making in a pretty big way last month maybe you will soon see a TMBR route on that menu. Dave