Help!! Need new Direct Access Broker!!

[cjb3]

Too many problems with CyberTrader. Can anyone suggest a firm that offers the following:

--Complete proactive ECN's(not routing to some predtermined MM

--Full access to Dow Jones new--not limited to 5 days

--Timely High Low monitor that scans the entire Mkt.

-- competitive commison rate.

I trade about 30-50 times a day.

Many Thanks

Cjb

 

[GTC]

What are the specific problems you faced with CyberTrader?

 

[cjb3]

GTC,

In my opinion:

---slow execution--and miss routed trades(not always).

---the Hi/lo monitor is slow--does not cover the entire mkt.

---Dow news does not go back very far or does not work.

What is your choice of broker?

Cjb

 

[alanm]

IMO, focus on execution/ease-of-use/pricing from your broker and get the other stuff from people who do it well, if necessary.

http://www.trade-ideas.com has lots of market-scanning stuff
http://www.newsware.com has months of history, filters, multiple vendors (including DJ), etc.

 

[GTC]

cjb3, I second alanm. What size do you trade in average? What stock price range do you usually trade?

 

[SitrusTrader]

I also agree. When you trade, you need to use experts for their expert stuff.

For filters I use Wisper
For other filters I use TradeIdeas
For research - Revere

News I don't know.

I don't think these things you should look for in a broker.