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I'm not mad at my fellow traders, but you really have to think before you complain. REDI+ is the largest EDAT platform in terms of shares traded according to a study by Keefe,Bruyette & Woods . REDI & SLK lost connections to all their phone, WAN and computers in...

REDI+ is the largest direct access software in terms of number of shares traded. They have a backup site at Jersey City,NJ. , which is up. Phone & WAN lines all over the NYC are are having problems. It still amazes me at some of the comments people on this board make.

I just want to say that I am not biased in the use of REDI+. WE use ROX from www.roxsystems.com as a backup. REDI+ had their main offices closed because of the WTC tragedy!The number of selfish comments on this board is beyond belief. We could switch all of our users...

Everyone really has to use some common sense in these difficult times. RealTick III (Townsend Analytics) is based in Chicago. REDI+ or any broker in downtown NYC will have problems. REDI+ is doing the best they can considering there downtown NYC offices had to be...

tntneo, Well put. SLK has been doing a great job under the circumstances . If you read my comment , I said that. Traders must understand that these a very difficult circumstances and people have lost their lives. Gene Weissman

Traders, Try to LOG into all Direct Software systems early(I hour before market opens). If everyone LOGS IN at 9:15am-9:30am EST, you will overload servers and systems. This is especially true for REDI+ or other EDAT systems based in NYC. We can all help our exchanges, clearing...

Traders, Try to LOG into all Direct Software systems early(I hour before market opens). If everyone LOGS IN at 9:15am-9:30am EST, you will overload servers and systems. This is especially true for REDI+ or other EDAT systems based in NYC. We can all help our...

I would agree with you, you make valid points. However , Spear,Leeds & Kellogg(REDI+ software) has been hit much harder than othe firms. Their phone & WAN lines were dystroyed in the WTC center tragedy and their headquarters at 120 Broadway had to be temporarily closed! They are...

Limitdown, The L.L.C.'s do not like the new rules , but we must abide by them. Everyone of our L.L.C. members are told about the new rules. We feel L.LC.'s offer advantages for professional traders. If a trader can't stay with us at least a year, he/she is probably not a...

Just a note on REDI+. Spear,Leeds & Kelloggs fiber optic, phone lines and power were affected by the WTC disaster. Their main offices at 120 Broadway had to be closed. The NYSE is experiencing slowness , due to systems being overloaded etc. If anyone is not in NYC, it would...

Just a note. New Rules by PHLX and the SEC for capital contributions to an L.L.C. , require funds to be held by the firm for 1 year. Any traders profits can usually be withdrawn weekly or monthly(depending on the firm). These new rules were adopted by all SRO's. The...

Lieber & Weissman Sec., L.L.C. NYC office is intact and will open as soon as city officials ensure the safety of the area and power is restored. Bright Trading , ETG and many other firms have offices within 8 Blocks of the World Trade Center. Please check with each individual firm to see if...

Just a note on 4 to 1 margin. I'm not going to hype my firm or any other. It's up to each individual firm(NASD member) if they want to extend 4 to 1 margin. If the firm feels that they do not want to extend 4 to 1 margin, it's the firms choice. Call any of the NASD firms mentioned in the...

Individual firms can apply a higher standard to the rule. A NASD firm could say we do not want to give 4 to 1 margin for daytraders because the firm feels this is too much leverage to allow. If your firm feels this way , you can leave and trade at another firm. The NYSE rule 431 allows up...

Foghat, I believe you are correct. Individual firms can apply a higher standard to the rule. A NASD firm could say we do not want to give 4 to 1 margin for daytraders because the firm feels this is too much leverage to allow. If your firm feels this way , you can leave and trade at...

Just a note on the new margin rules. First they only apply to NASD customer accounts and only for "Pattern Daytraders". Here is a synopsis of the new rules. Please check with your introducing brokers margin dept. These new rules do not apply to L.L.C.'s . The information was taken from the...

Eddie, As I had mentioned the QQQ cancels(on the AMEX) are a pass through charge from the specialist on the AMEX Susquehanna. According to our clearing firm , they are only for AMEX QQQ cancels. As of late, we have not been charged. On REDI, the QQQ's are being...

vkupisk, I have no idea about Euorpean exchanges. We have an API(using REDI+) for stocks that works well. I assume that if the options exchanges lifted the restrictions, the API for options would also work well. The last time I heard, the CBOE was going to charge RAES trades-auto-ex $1.00...

Just a note. (API) application programming interface for option trading(computer generated on auto-ex ) is not allowed by the exchanges to my knowledge. I would call the CBOE or AMEX http://www.amex.com at amexfeedback@amex.com or call 212-306-1000 before connecting any API to see if...

Just a note. (API) application programming interface for option trading(computer generated on auto-ex ) is not allowed by the exchanges to my knowledge. I would call the CBOE or AMEX http://www.amex.com at amexfeedback@amex.com or call 212-306-1000 before connecting any API to see if...