Hammer Question

dalegrief · Mar 4, 2003

I'm thinking about trading with Hammer and am wondering if it has a real-time filtering capability that can pick up when a Listed stock has a big offer or bid showing, or when the spread narrows to a penny or two, or when one side of the bid or offer is considerably larger than the other.

Any Hammer users out there?

rtharp · Mar 4, 2003

Quote from dalegrief:

I'm thinking about trading with Hammer and am wondering if it has a real-time filtering capability that can pick up when a Listed stock has a big offer or bid showing, or when the spread narrows to a penny or two, or when one side of the bid or offer is considerably larger than the other.

Any Hammer users out there?

let's see

#1 yes

#2 yes

#3 yes

hope that helps.

SocalTrader · Mar 4, 2003

Thinking of hooking up a black box to hammer. Anyone hear anything about the API?

StockOperator · Mar 5, 2003

I have heard that Hammer Software is the best Trading platform,
what firms use the Hammer software and how much are the standard monthly fee's if you trade remote,not taking rebates into account.

rtharp · Mar 5, 2003

Quote from SocalTrader:

Thinking of hooking up a black box to hammer. Anyone hear anything about the API?

Just call Hammer's tech support to talk with Omar. He will go into great detail about it

rtharp · Mar 5, 2003

Quote from StockOperator:

I have heard that Hammer Software is the best Trading platform,
what firms use the Hammer software and how much are the standard monthly fee's if you trade remote,not taking rebates into account.

any firm that clears through Andover.

The fee's vary with volume and if training is needed

fcelfcel · Mar 5, 2003

What are they and how do they work?

Do they really help in trading?

Thanks

rtharp · Mar 5, 2003

Quote from fcelfcel:

What are they and how do they work?

Do they really help in trading?

Thanks

I don't use them so I don't find them useful somebody else may though

But they can be used to track a market maker /specialist to see how they are trading in comparison with how the stock is moving.

showMeDaMoney · Mar 5, 2003

can someone explain what it is?

thx in advance..

-showme

rtharp · Mar 5, 2003

black box = a fully automated system

grey box = a half automated system (entry or exit is automated)