Friday, March 16, 2007

Hybrid Market = ECN

Check out this article from that reports on a study that contends the NYSE is really no better than an ECN since the implementation of the hybrid system.

Big Board Loses Edge As Price Improvement Drops

Of course, if you trade the exchange daily, you probably already know that trading has gone straight downhill since the advent of the hybrid system. But if it helps you to know that it's not just you and that it stinks universally, then check out the article.

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