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Novice Traders' Notebook  |  JUL 1999

Traders’ Notes

• ELECTRONIC DAYTRADING Considering the increased interest in daytrading and our interview with David Nassar in the May 1999 STOCKS & COMMODITIES, we thought that some clarification of common terms used in electronic direct access trading (EDAT) might be helpful. Archipelago: Also called Terra Nova, this electronic communications network (ECN) has the symbol of TNTO on the Level II screen. Bloomberg: An ECN with the symbol BTRD for B-Trade on the Level II screen.

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