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November 6, 2002
Mastertrader.com
is pleased to announce that Trailing Stop Orders are now available
on Archipelago (ARCA).
Please Note:
Stops orders will be held by Townsend Analytics, the company that
develops RealTick, not the ECN. Stop orders will be triggered
by the last price potentially allowing for bad prints to trigger
stops.
Thank you for
your patience while we waited for the trailing stop order to be
reinstated. As you should be aware, Stop Market and Stop Limit orders
were reinstated two weeks ago. To review our announcement go to
http://www.mastertrader.com/emails/email_stops_rt2.htm
Please contact
us if you have any questions or need assistance.
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