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Old Jul 16, 2002 | 5:25 am
  #3  
eMailman
 
Join Date: Feb 2000
Location: (SMV) St. Moritz, Switzerland
Programs: LH SEN, AA AAirpass, IC Ambassador Platinum, *wood Gold
Posts: 1,343
Just a guess on my part.

They may have just acquired a seat on the exchange. That would allow them to execute trades directly, rather than have one of the other brokerages "clear" (actually buy and sell on the exchanges) trades for them.
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