MBTrading Quote Server Frequent Disconnects

GTS · Apr 19, 2007

Quote from cashmoney69:

....Does MB NOT have charts?...wtf..Im starting to think these guys seriously blow.

No they don't have charts - real soon now (I'll have to dig up a quote from 2005 that said as much...)

ak15 · Apr 19, 2007

Quote from cashmoney69:

Is it worth switching to MB for the cheaper commissions, but having to put with with such disconnects?...

cm

They are not cheap. As far as I know, they are more expensive than IB and Cybertrader as far as stocks are concerned.

ak15 · Apr 19, 2007

Quote from GTS:

Thanks. I have an IB account too but I spent a lot of time developing code wrappers for the MBT API, I'd hate to have to throw that away and start over again with IB/TWS.

Are their fills faster than IB's?

GTS · Apr 19, 2007

Quote from ak15:

Are their fills faster than IB's?

I havent done any automated/API trading with IB to get real timed numbers for comparison but just based on the speed of IB's fills using TWS vs MB's fills using Navigator doing manual trading I would say no, MB is no faster then IB. I'm talking emini futures here.

ak15 · Apr 19, 2007

Quote from GTS:

I havent done any automated/API trading with IB to get real timed numbers for comparison but just based on the speed of IB's fills using TWS vs MB's fills using Navigator doing manual trading I would say no, MB is no faster then IB. I'm talking emini futures here.

I had stocks in mind. Thanks all the same.

DHOHHI · Apr 19, 2007

Quote from cashmoney69:

....Does MB NOT have charts?...wtf..Im starting to think these guys seriously blow.

I can't believe some of you guys just make assumptions -- don't bother to do any research. Want charts? You can get them through Quotetracker w/ MB at no cost. And realize too that not everybody needs, or wants charts to trade.

And commissions are 0.005 after the first 500 shares. And if you're a position trader you can go commission plan C and do 5000 shares for $4.95.

http://www.quotetracker.com/mbt.asp

And both owners respond to questions --- Steve here on ET and Ross over on SI.

cashmoney69 · Apr 19, 2007

Quote from DHOHHI:

I can't believe some of you guys just make assumptions -- don't bother to do any research. Want charts? You can get them through Quotetracker w/ MB at no cost. And realize too that not everybody needs, or wants charts to trade.

And commissions are 0.005 after the first 500 shares. And if you're a position trader you can go commission plan C and do 5000 shares for $4.95.

http://www.quotetracker.com/mbt.asp

And both owners respond to questions --- Steve here on ET and Ross over on SI.

Well I looked up and down on their website, I never read anything about them not having charts.

I didn't find out until I dl'd the demo, and was like..."ok, wheres the chart button?"...It's not a make or break thing...just kinda thought charts were basic. The only reason I'd switch is for the 5.00 commission plan.

cm

GTS · Apr 19, 2007

Quote from DHOHHI:

I can't believe some of you guys just make assumptions -- don't bother to do any research. Want charts? You can get them through Quotetracker w/ MB at no cost. And realize too that not everybody needs, or wants charts to trade.

Assumptions? It is a fact that they don't offer charts. Period.

I didn't pass judgement about whether charts were a good idea, just noted that they have been promising them for a long time and still havent delivered.

More importantly, MB doesn't offer any historical data to backfill charts. I use QT myself but I have an eSignal subscription for backfill.

Frankly I dont want them to waste their time implementing charts in the navigator, I'm sure they will do a lousy job considering how few developers they have and as you pointed out there are plenty of 3rd-party solutions for charts. Historical quotes would be nice though.

Not sure why you got your panties in such a bunch over the issue. The guy asked about charts and I told him the truth.

Catoosa · Apr 19, 2007

Quote from DHOHHI:

And commissions are 0.005 after the first 500 shares.

Is that 0.005 an "all in" commission rate or are there any additional fees such as the SEC Section 31 Fee and the Trading Activity Fee?

Catoosa

myminitrading · Apr 19, 2007

Quote from Byteofascii:

I had that problem with them all of the time, I got tired of it and finally just switched to IB, there data feed has been solid so far. Hard to get used to a new platform though

Their platfrom sucks IMO, I bet you make alot of mistakes is you day trade with IB platform. If you just invest or swing trade, its ok.