CyberXchange and BRUT

[alanm]

Quote from Toonces:

Cyber offers CyberXchange and INET as the only choices.

Surprising. I'd switch to a real DAT broker.

 

[Toonces]

Quote from spyglass:

Call them they offer all direct access to ecns.

So you have to call them so you can be entitled to direct access to each ecn? That's insane. I don't understand why they wouldn't automatically give this to you when you open your account.

 

[Schaefer]

Hi guys, I've been with Cybertrader for almost a year now and I have direct access to "BRUT". Why don't you just ask the tech support, they're pretty good about helping customers.

 

[Toonces]

Quote from Schaefer:

Hi guys, I've been with Cybertrader for almost a year now and I have direct access to "BRUT". Why don't you just ask the tech support, they're pretty good about helping customers.

Can you tell whether CyberXchange routes to BRUT as well as other ecns, mms?

 

[Farside]

I'm with Cybertrader also. I had to ask to be given direct access to the ecn's. By default, they want you to just use Cyberexchange. Cyberexchange is supposed to find the best available execution.

 

[Schaefer]

Quote from Toonces:

Can you tell whether CyberXchange routes to BRUT as well as other ecns, mms?

Yes, I have seen CyberXchange routing to other ECNs occasionally as well, but INET seems to be it's favorite.