Subject: File No. S7-13-04
From: Michael Stevenson
Affiliation: Trader

March 2, 2006

Stop Limit Orders have become totally useless, and it's a shame.

Not being able to trade "stop limit order" in the pre-market and after-market, render such orders useless. There is no protection of "blowing thru" a set stop limit price in these times of the day.

Something needs to be done about this.

It is not fair trading.