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Be very careful if you decide to buy a vendor system. Ask for actual trade results instead of these hypothetical BS vendors post. Some I know post results with the benefit of hindsight. Some look real good with the benefit of hindsight but are very very subjective in real-time. Ask for a...

Originally posted by def Well, if it is mandated by the SEC and they offer it, I'll take it. All I'm saying is that all these pseudo market makers that complain the most are trading off the floor and circumventing the rules. If this rule didn't exits, I wouldn't care what they did...

I don't know how you can say that NQLX will be better than OneChicago. Are you a New Yorker? Being from Chicago, I guess I have to do my part to defend OneChicago. OneChicago will be fully electronic. They have picked CBOEdirect as the matching engine over the Globex system...

Nice comment. And why do you think us "retail" guys don't feel sorry for you when they bust your trades? Good luck trading at the Box. I'll bet you'll miss Raes. We will soon miss it too since you've ruined it for us and they're changing Raes to have size in the near future... just stay...

NOT!!!!! def, get off your high horse. If you're implying that the existing options exchanges have been ripping off the retail customers, how do you think Timber Hill made the money to create Interactive Brokers in the first place? Besides, isn't Timber Hill a Primary MM at ISE? I...

I second the comment about Craig. Bravo... I guess this is the major plus for going with Independent IB's. They can actually voice "independent" opinions from that of the FCM.

Cdntrader, you're right in that Craig should have a better feel for what's going on with other users... but I have to agree with stevet in that Craig would be a little biased. Since I and some others I know are experiencing the pain, it would be interesting to see what Craig has to say...

I reference you to this thread since the same issues applies exactly to Apex/RGC as with eLocal/RGC. http://www.elitetrader.com/vb/showthread.php?s=&threadid=1922&perpage=6&pagenumber=3 When looking for financial viability and PATs execution speed/reliability, you need to look at the FCM...

Does anyone know what the Fed announcement dates were for 2001? Would this be part of any data provider's package? Is there a source of this information on the internet? How about all announcement dates in the past? I'm a systematic trader and am trying to determine what my trading results...

Not all J-Traders are created equal!!! A little info on how J-Trader works... Patsystems licenses this software to the FCMs. Each FCM hosts the software on their own servers and network infrastructure. So depending on who you go through, your reliability and network latency will vary...

Does anyone have experience with TradeStations's customer service in times of system/network problems and you need to liquidate your positions as fast as possible? Do they actually have competent brokers answering the phones or are they as bad as Interactive Brokers in this regard?

LIM has all the fundamental data and time series data you want. It has goofy data like the lunar cycle and temperature (and other geophysical data) if you're into that stuff. There are others out there that's even better but most of them are only known to institutions because the price is out...

Maybe they don't want you to trade on the job? :) :p :D I know my company will NEVER poke a hole in the firewall for any personal reasons... have you tried bribing your network admin?

I'm not surprised that you think XP is smoother/faster than ME. Just my opinion but you cannot even mention Win95/98 and especially ME in the same sentence with W2K or XP. They have done studies and the former group is over 20 times less reliable than the latter. Win95/98/ME is just not an...

I think that depends on your hardware. I've read a few articles that say unless you have the fastest multiprocessor system, you're better off staying with W2K. This is one of those articles I've read: www.infoworld.com/articles/tc/xml/01/10/29/011029tcwinxp.xml If you have a really slow...

True, but getting a Globex Terminal means cutting out the middle man (i.e. the broker) and dealing directly with the clearing FCM.

The main reason one would get a Globex Terminal is per trade cost. That means you are doing beaucoup volume. Last I checked, you need to do at least 100 round turns a day to make having a Globex Terminal worthwhile. That's the only advantage I see. I suppose you will see the quotes a hair...

I think this was mentioned in the original post regarding ird.com. If you want to compare the latency to their server, try pinging their TA_SRV which is at 193.8.69.201 and compare that with your ping speeds to beacon.taltrade.com. I'm in Chicago and my ping goes from 10ms to 180ms...

The following is my understanding on the subject. Patsystems, TradingTechnologies, GL Trade and other ISVs (independent software vendors) offer their software to others as a front-end only tobe run on different networks. But Interactivebrokers is not in the ISV business and only run their...

dkamp, I guess the final conclusion is this: Front month is the trading day before the second Friday of the expiration month. Ofcourse there are special circumstances as we saw in September.