> The concept "Same price orders are handled on a first come first > serve base" has nothing at all to do with any stock market computer > system I know of?
All the electronic trading platforms use first come first serve.You can have a look at island or instinet for example. www.island.com Have a look at 'bookviewer' during the trading hours and you will see the trading happen . When you enter an order on these platforms (it is possible without a broker), it is automatically added below the earlier orders at the same price. There are no marketmakers working at these trading platforms, it is fully electronic order matching. Every user can test the honesty of the system by entering an order for an odd number of shares and then watch your order appear in the bookviewer, move up as trades are happening and finally being filled when your order is at the top of the bid or offer queue.. These trading platforms now process about 15% of all stock trading on nyse, nasdaq, amex.. Most observers agree they will grow to 100%. Traders using Datek (now Ameritrade) have complete control on which electronic platform they want to put their orders. The orders you place appear on the order book within seconds.. > Funnily enough, I just heard an ad on TV for something called "the > archipelaegio" (??) which is some sort of "new stock exchange" that > claims to be "open" Archipelago is at least a few years old.. It's a bit smaller than Island and Instinet. > >I would rather call Dbourse a 'game' at this stage. > >People will put some of their gambling money in it , not more. > > lol -- it's Danny, the man with no agenda :) Do you need an agenda to express ideas about something? Danny --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
