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Quote from harrytrader: "A trader according to the Chicago legend, 'made 8 million in eight years and lost 80 million in eight minutes'. According to the same standards, he would be, 'in general', and 'on average' a good risk manager." Nassim Taleb I don't know whether to be relieved...

Why does the system work for mutual funds and not the securities underlying them?

Quotes are generally as fast as anything that you're not paying $1K/month for, and reliability has been quite good - outages in realtime quotes are very rare. They have annoying problems with the supporting data (fundamentals, T&S, charts) more often, but still not too bad. DDE links to Excel...

ryan: There's a recent thread somewhere here about some specs now having the technology in place to move their quotes in response to the futures. Maybe your specs just got this ability or they are making more automated use of it. I suppose that if I were a spec and I got hit with a flood of...

Remember that they want to limit you to getting data for 40 symbols at a time, though. You'd either have to get them to change that (unreasonable) restriction or come up with a way that you would indicate which page should receive quote updates (blecch).

The % price limit doesn't work consistently, and so can't be used. What I'm suggesting is a little different than that, though. Say I have $100K cash. I only want to take positions with a max size of $15K. I'd like to be able to configure this, so the system would automatically reject...

Quote from stock777: Have they considered putting a MAX SHARES or MAX $$$ AMOUNT filter on it, that would require a verification. I think that would be a good thing ;-). Actually, that would be a nice feature for TWS in general (not just the auto-send).

qdz2: The problem is that you're not saying anything new - just harping on the same issues over and over, on many threads. While there's something to be said for speaking up when you feel things are wrong, there's a fine line between promoting change as a result of strategic campaigning, and...

white17: You said "round trips". You do realize that the 1099 reports sales only, right? The box 2 amount should be the total net proceeds of the sales (only), after deducting commissions.

Nice feature, huh? :-)

Quote from cashonly: ... I've seen it happen in a halted stock. For example, the NYSE halted the stock, and it took the ECN a minute or two to get around to halting it and the trader did a trade in the interim... There's a problem that occurs with NYSE stocks, though, particularly during...

Quote from TM_Direct: I would urge everyone on ET to boycott ANDOVER until they plunk down some $$ to baron or stop this shameless shill job.. Everybody who wants to pay more commission just to make a point, please raise their hand.

Quote from PXG: So where is the problem? The S12345 1099 form gives Total Gross Proceeds for stock sales, but ONLY up to the date the account was converted to U12345. The stock sales proceeds from the date the S12345 was converted into U12345 until the end of the year are completely missing...

Quote from PXG: 2.) And since I trade both stocks and futures, and now my account number is U12345, there should be info about both stocks and futures on my U12345 1099 form? In my universal account, I traded both stocks and futures. On my statements download page, I have choices for both...

Quote from kowboy: Where are the detailed stock sales on the downloaded 1099?? This is not sufficient for Schedule D as required by the IRS That is not true (in practice at least). Many active traders (including myself) routinely report only totals on Schedule D. Why kill all those...

REDI is no more. The last trade was executed in November 2002. It was sucked into the black hole named ARCA, from which executions do not emerge :-(

It seems to me that what TMBR is doing when the bid drops to or below their internal bid, is guaranteeing you a fill at that internal bid while it attempts to cancel the NYSE order. During that time, you essentially have the best of both worlds, getting either the NYSE fill because it was too...

If TMBR exposes their liquidity on a public ECN, it would seem there would less of it available for us (IB uers). Also, seeing their quotes would probably result in people taking them out when they are out of line with the general trend (for their own reasons, as has been previously pointed...

riskless: Are futures performance bond requirements not set by the SEC/CFTC/exchanges, as is the case with equities and options? It seems that different firms have different requirements. Are the exchange-specified amounts just supposed to be guidelines?

Don't ask too many questions, Lobster. DEF is actually a computer program. :)