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Chapter One
What Is Direct Access Electronic Trading And SOES Trading? |
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You've read about me and my SOES trading techniques in Fortune, Time, Forbes, Business Week, the New York Times, London Financial Times, the Los Angeles Times, the Wall Street Journal, and virtually every other legitimate publication covering Wall Street or business news. You've seen me interviewed on television on shows such as Wall Street Journal Report, and on CNN, WWOR, CNBC, and even the BBC (the British Broadcasting Corporation). I have also been the cohost of the morning business news of CNBC. Why all the interest? Well, some people claim I have found the key to the vaultDirect Access Electronic Trading (DAET). This is not just any trading, but predominantly day trading on Nasdaq and other listed securities utilizing an advanced trading system through which traders have instant market access to Nasdaq's computerized Small Order Execution System (SOES), DOT (the NYSE routing system to trade listed securities), and an entire generation of existing and emerging electronic communications networks (ECNs). |
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