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I think that is for Baron to decide, isn't it? As with anyone else, active trader can be limited in their available time and may not always have the time (or inclination) to personally sort out and make a judgment on the likely quality posts versus the complete b.s. posts. I have been around...

I agree. You can see the same type of worthless posts in other topics, as well. Many useless posts are as short as "Screw you, butthead" or some other worthless content in the trading or other forum. To better sort out the worthless versus valued contributors, and help newbie readers...

I heard it on CNBC shortly after it happened, with them quoting that as the cause for the bond spike. You can read more about it at the following link: http://www.foxnews.com/story/0,2933,121569,00.html -Eric

Greenspan was quoted on wire reports at that time (talking about inflation or something). It caused interest rates to spike a bit. -Eric Edit: the quote was "Low inflation suggests a measure pace of rate hikes..."

Several things come to mind for me: 1) Speed (from automation) 2) Consistency/Discipline (from automation) 3) Very low tranaction costs (due to high volume) 4) Diversification (due to trading 100+ stocks and futures , no huge risk in any single trade) -Eric

Not only is he a good guy, but he specifically stated that he did not abuse this 99 share loophole: "I tried it and it worked, but didn't want to get fined, so I didn't mess around with it." Not sure what your anger is being caused by, but I suspect that it is not lescor. -Eric

For my automated trading, I typically locate a server within the server room of the brokerage firm. Then I need to create two C++ data bridges. One connects the brokerage firms quote feed into my system (i.e. sends me data in the form that my system can understand it) and the other passes data...

I do a fair amount of programming myself for my automated system, and that's the same experience that I have found. Programming can be a pain-in-the-butt, but once you are complete it is great (i.e. automated trading especially). -Eric

There must be quite a lot of interest in Genesis, as I've gotten several messages since my last post asking for more information on my experiences with Genesis. Based upon these messages and rereading my prior post, I see that the post may have come across more negative towards Genesis than I...

I am envious of your experience with them so far. I went up to visit Genesis about a month ago and was impressed with the folks that I met (the founder William, as well as Serge and a developer, Ken). For my trading, I will need some custom work done by their developers to integrate my...

Agreed, good point. In addition, Baron thought it was inappropriate for people to be critical of the firm without first using their services. However, this is difficult since they do not offer a free trial. That said, they do apparently have their chat logs on their website, which provides...

I'm not a computer expert, but I do recall having a computer beep at me and not boot properly after I installed new RAM memory that turned out to be incompatible with the existing RAM that was already in the machine. Is there any chance that you just added some RAM to the machine? If not, it...

The advantages of futures are many, including better liquidity and better tax treatment. One possible advantage for the stocks is that it may be possible to trade with a lower commission rate than with futures. For example, 800 QQQ might be done for no net commission (0.2 cps commission...

For those of us that missed it, could you describe what the situation was that led to the opportunity for an easy trade? Thanks, -Eric

I think they make their money the Walmart way, with volume. Their firm processes ~25MM shares per day on Nasdaq, and this enables them to have extremely low costs as well as being able to charge low rates and still make a good profit. Again, I do not know any of this first-hand, but have...

My understanding from talking with them several times over the past week is that they currently clear through CCS, but have gotten approval for self clearing and are planning to begin self clearing in ~2 weeks. I may be wrong, but this is my understanding. -Eric

They do have an API. I will be visiting their offices next Tuesday (4/27/04) and will try to remember to post feedback on my visit. They have been very good in the phone conversations I have had with them over the past week. -Eric

Are you sure about this? My impression was that INET did not have external routing capability, but you could still route externally by using an old INCA connection to INET. However, that rate seems almost too good to be true. Do you have a link where I might be able to read more about this...

Very good point. Thanks for the information and viewpoint. I would assume that even the ARCA smart routing system would route to BRUT before it routes to INET, for example. -Eric

Those are the correct BRUT posted rates, as I talked with a BRUT sales rep yesterday. However, BRUT is aggressively seeking to increase market share, and are willing to improve on these rates as well. For a trader or broker dealer, there is a trade-off. On one hand, you will pay lower ECN...