Protrader or Andover

trader117 · Mar 10, 2003

I am currently trying do decide whether I want to trade at Andover or Protrader.

They both seem to have direct quotes to Nasdaq and NYSE. I have read alot of bad things about Protrader but most of that seems to have been addressed recently.

Can I get some feedback from traders at both sites? Thanks.

Short This · Mar 11, 2003

Best to stay away from Protrader. I have the feeling that anyday the doors will be locked for good and anyone who held positions overnight will be screwed big time!

They are putting all their efforts into the wholesale side (ie. Zone, etc.) and probably will be closing down the retail side even if Instinet doesn't close the whole operation sooner. Instinet it's self is in bad shape and will probably be sold it a sucker can be found.

MondoTrader · Mar 11, 2003

there are threads on andover, it has apparently been taken over by Sunguard which is a large established company.

RedTrader · Mar 11, 2003

There are more than 2 fish in the sea. PM me for another suggestion

tjuggler · Mar 11, 2003

ANDOVER = AND IT OVER

tosco · Mar 11, 2003

Stay away from PT--doors are closing faster and faster. They won't exist much longer--went from bad management to worse.

TM_Direct · Mar 11, 2003

It always amazes me how many new members to ET always want to talk about Andover....Of all the questions about trading or systems...it's always a question about Andover.....

tosco · Mar 11, 2003

Your question is more amazing than your reply.

felichka · Mar 11, 2003

Man do a thorough research.

TM_Direct · Mar 11, 2003

Quote from tosco:

Your question is more amazing than your reply.

Listen, I know who you guys are....You and I spoke and you don't even realize it....I know the office you are in and i know you create multiple users and try to space out the time before you use it....why not just pay to advertise like PointDirex or Bright and IB do???? What is the big deal?.