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Are there any other options besides Genesis? I don't like Genesis software (Laser).

Are there any places where you can: * Open an account with a group in a retail firm * Get 10-1 or more intraday leverage * Not need any licenses (series 7, 55, etc...) * Are SIPC insured * Have a $10,000 or less deposit requirement?

I had a good laugh when I read this interview (http://www.traderbulletin.com/stories/storyReader$770); particularly the line: "price improvement = front running." This is one of the guys that blew the whistle on NYSE specialist practices. Unfortunately most of what he says is true.

There's also a story on this report at TB: http://www.traderbulletin.com/stories/storyReader$636

Jack, You are wrong--if the trader's style depends on bidding and offering. Countless professional traders--including some of the best traders in the country--use ISLD, INCA, ARCA, and LSPD to trade "like a market maker" and get the rebate. They lower their commissions considerably by doing...

One man's libel is another man's truth. Who can really define where the slippery slope begins and ends? Perhaps true free speech will only occur when an online community hosts its servers offshore. Then let's see how far ETG and Hold Brothers get when they come looking to hang the webmaster...

I had this problem with my ColorGraphics multi-monitor cards also. With them, you had to turn off the multi-monitor software for the windows to load in the right screens. For Colorgraphics cards, the icon for this software was in the Windows system tray.

Can you answer this. I'm curious about this too. Thanks.

This is news to me. What are Bright's new NYSE and Nasdaq costs going to be in 2002?

I agree, wouldn't your trades have to go through some sort of automated screening process first? How do you prevent traders from assuming abnormally high risk positions, BEFORE THE TRADE GETS FILLED? On the other hand, isn't this all academic? One more router hop and a buying power...

It kills me how people expect great customer service when using a niche software package for $40 per month? If Ravenquote has 200 customers that's only $8000 in revenue per month. Try paying for salaries, overhead, advertising, and support with $8000 per month--and having any profit left...

For traders at professional firms, OTC options are used (created) with "zero" slippage. The cost is usually .025/share plus interest.

For those interested... From the NYSE web site: "NYSE Direct+ offers rapid, automatic execution of limit orders up to 1099 shares." It is a slower than an ECN (2-3 second fills versus 0.2 second fills) but it is still automatic-execution. The specialist CANNOT stop Direct+ orders when...

Guy, What are your commissions? And what are these "trading models" you reference on your web site?

The site says NAET is not a broker-dealer? Who do you trade through then? ...and for NYSE, they charge you: $1000-3000 per month "membership" + .0029-.0047 per share clearing + $1.25 per trade or .00175 per share for software + .003 per share execution + one-time fees +...

REDI down again...4th day in a row. You'd think a multi-billion dollar company in Goldman Sachs would get their act together and fix this pathetic platform. Traders in our office are disgusted and are considering moving to other firms that don't use REDI. Haven't heard any traders using...

How has people's execution software been holding up considering recent market volatility and the WTC incident? Our platform--REDI--has been absolutely awful. REDI has been down constantly over the past week. Problems include not getting confirmations, random lock-ups, no quotes, and...

andrasnm, The specialist can't hold an NX order unless there's a large imbalance. So if you choose NX as your NYSE route, it matters...

MJT, Use Direct+ (NYSE's auto-execution) route whenever practical. Many times you'll send a limit order and the specialist will hold it. If it's a sell order for example, someone else may then come in with a NX (Direct+) order and take out the bid that otherwise would have been yours. Note...

If you have the wall space and lighting conditions, try a DLP projector. You'll get much more viewable area and you'll really enjoy watching charts and quotes on a "movie screen." It's also easier on the eyes than anything I've come across.