Chicago trading firms.....

Be careful about particular Chicago-area proprietary derivatives groups. At least one gives a nominal draw, only pays out at the end of the year, and does not pay you on a 1099-B (ouch!). If you make any serious money at all, this can be crippling and frustrating.
 
Originally posted by vulture
Erie Cafe, about 5 years ago, had lower prices, more subdued atmosphere and was not yet the "hotspot" it has become...Nowadays, all the politicians, lawyers, traders, and other hotshots like to make the place their home...

Mr Beef isn't bad, I still like Portillo's the best, even if it is a big chain...
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As a local, Portillo's is weekly stop with good quality and consistency. :)
 
Originally posted by GHansen


Don,

There are far more than a "few" people who consider REDI+ inadequate. In fact, everyone I have ever known who has used REDI+ and one of the top tier competing platforms would never go back to REDI+. IMO, it's too unreliable, has a horrible support desk, and has far too limited hyperactive trading functionality. What functionality you ask? I see no reason to dislose that to you.

As far as ARCA improving REDI+, you have never given one good reason why this might happen. ARCA is an ECN. REDI+ is trading software...apples and oranges.

Someday you will find out how important the differences in trading software actually are.
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Once again, no specifics...to simply say mistruths about a platform you no longer use is silly.

Arca has simply added server farms, which helps with the reliability...since Redi does so much volume, the backbone needs to be strong. I've said that many times...in direct response to your question.

We have very little down time with Redi, and have even less in the last year or so. So I don't know what you mean by "reliability"....unless, of course you were somewhere with less than ideal connectivity.
What makes you money that Redi does not provide...?? Simple.....and the thousands who use Redi could use something else....I still think that platforms are such a small part of trading that it doesn't matter...but our thousands of orders get filled every day, and our people are probably the most successful in the business on average...

I could put one of my good traders in front of an old DOS based FORCE machine and they would out-perform most with all the "bells and whistles"...that is the point that I am trying to make.

Enjoy your platform,, whatever it is, and I hope you are making millions!!

Like I said, not a big deal if you like something else...some like Fords some like Chevies....and don't bother coming back with a Mercedes analogy....

We are checking out different platforms all the time, and as I said, when we find a better one, we may choose to explore changing.

Back to trading...

Don
 
Originally posted by Don Bright
...to simply say mistruths about a platform you no longer use is silly...Arca has simply added server farms, which helps with the reliability...We have very little down time with Redi, and have even less in the last year or so. So I don't know what you mean by "reliability...and the thousands who use Redi could use something else....I still think that platforms are such a small part of trading that it doesn't matter...I could put one of my good traders in front of an old DOS based FORCE machine and they would out-perform most with all the "bells and whistles"
Don
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Mistruths seem to be anything that contradicts your opinion.

ARCA server farms don't mean squat. Anyone with ARCA benefits from this. It's not REDI+ specific.

REDI+ reliability is subpar according to every colleague I have in the business that uses it. That's why all of them are moving to non-SLK firms.

"platforms are such a small part of trading that it doesn't matter"...Keep thinking that way...One of your good traders using Force is no match for one of your good traders using a top flight platform.

Back to trading... :)
 
you know it on the ibeef! gotta love them fries too....I live in cal. now and go to chilis for fine dining! Man I miss the broiled calamari in garlic wine and lamb chops at erie cafe?
 
comon portillos?......al's or mr beef is right down the street dude
You chitown sob's also enjoy Pompei bakery. Hey I heard the half shell is gone,, is this is true? If so, Im not moving back
 
lol, the calamari...yes, very good stuff...also liked the steak with blue cheese...good stuff...Pompeii, yep that too...and Philly's Best gets my vote too...at least the guy who makes the cheesesteaks actually knows how the hell to make a true cheese steak
 
whats the word on the half shell???????????? Its a dungeon on diversey, just east of halsted....The coldest heineken on draft in the city with crab, oysters and shrimp that make shaw's look like long john silvers..........ahh what a great town!! wiener circle still there?
 
Originally posted by OVERtheLINE
comon portillos?......al's or mr beef is right down the street dude
You chitown sob's also enjoy Pompei bakery. Hey I heard the half shell is gone,, is this is true? If so, Im not moving back
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Mr. Beef has become the tourist trap for now. And the bakery is ok I suppose. Half Shell gone? News to me. But I did hear that it was moving (a while ago). Can't tell you for sure though. I do prefer Leona's or Bone Daddy's if I had the choice though. Always favorites when I have guests in town. :)
 
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