RefcoPro is their own software now, since Refco/RTS simply bought the ISV.
16/03/2005 - Cash Offer on behalf of Refco Trading Services (UK) Ltd
10/05/2005 - Refco Trading Services (UK) Ltd Unconditional Offer
www.easyscreen.com/news.html
I am pretty sure that at least some exchanges send 2 types of confirmation:
(a) fill
(b) price
With a "fast market" you will see a certain delay between (a) and (b).
Of course I could be wrong, but I´ve seen such delay with EUREX (a few years ago).
No, waiting for lower exchange fees.
CME wants to pocket something like $3 per rt.
I wonder what will happen in Cctober 2005 when their 106R thing is going to expire.