Will Amex trading OTC be good?

NETS is not a Direct + Feature it's the AMEX's new specialist trading system. There is no such thing as Direct +or an auto x fill on the AMEX.

http://www.amex.com/atamex/news/press/sn_nets_072902.htm

 

> Symbol Security Name Specialist
> CHIR Chiron Corporation Bear Hunter Structured Products LLC
> CINF Cincinnati Financial Corporation Performance Capital Group
> LLC
> CTAS Cintas Corporation Performance Capital Group LLC
> ERICY LM Ericsson Telephone Company Bear Hunter Structured Products LLC
>
> NTAP Network Appliance, Inc. Bear Hunter Structured Products LLC
> NVLS Novellus Systems, Inc. Bear Hunter Structured Products LLC
> PCAR PACCAR Inc. Performance Capital Group LLC
> SNPS Synopsys, Inc. Performance Capital Group LLC
> SYMC Symantec Corporation Bear Hunter Structured Products LLC
> ZION Zions Bancorporation Performance Capital Group LLC


Jeff--
OES

 

On Thursday, October 10 the American Stock Exchange will commence trading
> in its 6th group of Nasdaq securities, listed below. For a complete list
> of Nasdaq securities currently trading on the Amex floor, please visit
> 'www.amextrader.com'. The 6 stocks that begin trading this Thursday
> include:
>
> Symbol Security Name Specialist
> AMZN Amazon.com, Inc. Bear Hunter Structured Products LLC
> BMET Biomet, Inc. Equitec Specialist, LLC
> BRCM Broadcom Corporation Bear Hunter Structured Products LLC
> CSCO Cisco Systems, Inc. Performance Capital Group LLC
> NOVL Novell, Inc. Equitec Specialist, LLC
> SAPE Sapient Corporation Equitec Specialist, LLC



Jeff--
OES

 

sure. It's like a marriage between the Gotti's and the Gambinos.

 

On Thursday, October 24 the American Stock Exchange will commence trading
> in its 8th group of Nasdaq securities, listed below. For a complete list
> of Nasdaq securities currently trading on the Amex floor, please visit
> 'www.amextrader.com'. The 15 stocks that begin trading this Thursday
> include:
>
> Symbol Security Name Specialist
> BGEN Biogen, Inc. Equitec Specialist, LLC
> CIEN CIENA Corporation Bear Hunter Structured Products LLC
> CMCSK Comcast Corporation Performance Capital Group LLC
> CMVT Comverse Technology, Inc. Bear Hunter Structured Products LLC
>
> COST Costco Wholesale Corporation Equitec Specialist, LLC
> IDPH IDEC Pharmaceuticals Corporation Bear Hunter Structured
> Products LLC
> JDSU JDS Uniphase Corporation Bear Hunter Structured Products LLC
>
> JNPR Juniper Networks, Inc. Equitec Specialist, LLC
> KLAC KLA-Tencor Corporation Performance Capital Group LLC
> MLNM Millennium Pharmaceuticals, Inc. Equitec Specialist, LLC
> MXIM Maxim Integrated Products, Inc. Equitec Specialist, LLC
> PSFT PeopleSoft, Inc. Performance Capital Group LLC
> SSCC Smurfit-Stone Container Corporation Bear Hunter Structured
> Products LLC
> USAI USA Networks, Inc. Performance Capital Group LLC
> XLNX Xilinx, Inc. Performance Capital Group LLC


Jeff--
OES

 

UPDATE of October 29 Information Circular: Please note a change in the
> list of Nasdaq securities that will begin trading on the Amex this
> Thursday, October 31. BEAS and EBAY have been added to the rollout. In
> addition, the specialists for BRCD and YHOO have changed. For a complete
> list of Nasdaq securities currently trading on the Amex floor, please
> visit 'www.amextrader.com'. The full list of 12 stocks that begin trading
> this Thursday include:
>
> Symbol Security Name Specialist
> APOL Apollo Group, Inc. Bear Hunter Structured Products LLC
> BEAS BEA Systems, Inc. Equitec Specialist, LLC
> BRCD Brocade Communications Systems, Inc. Bear Hunter Structured
> Products LLC
> DISH EchoStar Communications Corp. Performance Capital Group LLC
> EBAY eBay Inc. Equitec Specialist, LLC
> FISV Fiserv, Inc. Bear Hunter Structured Products LLC
> FLEX Flextronics International Ltd. Performance Capital Group LLC
> IMCL ImClone Systems Incorporated Performance Capital Group LLC
> INTU Intuit Inc. Bear Hunter Structured Products LLC
> PAYX Paychex, Inc. Bear Hunter Structured Products LLC
> SUNW Sun Microsystems, Inc. Performance Capital Group LLC
> YHOO Yahoo! Inc. Performance Capital Group LLC
>



Jeff--
OES

 

What a joke. MSFT is crossed all over the place, even during the slow lunch hours. When AMEX is best bid/offer, SOES orders get filled through the market 5 or 6 cents higher.
Most of the guys in my office have long ago switched to trading the NYSE, I guess this will be the final straw for the few who still trade Naz.

 

Rather than complaining about the AMEX.....Why don't you just hit the AMEX ? You actually get some really nice fills if you time it right !!!

Banker

 

Can you use DOT to trade nasdaq stocks with AMEX?

 

I think you need to get someone from your firm to route a line directly to the AMEX. I'm not a techie, so I really don't understand how it is done, but from what I understand it shouldn't take more than a few days.

Banker