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The Return of The Day Trader: But Is Another Disaster Around the Corner?

Traders Magazine, January 2004

Gregory Bresiger

Day trading, the whipping boy of many market makers, has returned after the massive problems of a three-year bear market. "It is today an understated, but very important part of liquidity and agency capital," said William O'Brien, chief operating officer of Sungard's Brut ECN. "It is a very vital source of liquidity."

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