Will you stay with Cyber/Schwab if they only offer per trade pricing?

CyberRep,

Thanks for the reply. That's good news on the charts/boxes. The other part about differences in how the platforms interface with the exchanges, etc was a little unsettling however. Obviously the order limitations on the Schwab platform are a total nonstarter for Cyber customers. Could you confirm that order entry, types of orders, timings (pre and post market), routing control and the order entry procedures from Cyber will remain in place?

I wish you would also address the issue of why Schwab didn't just use the Cyber Pro platform and perhaps dumb it down for their own customers. Seems far easier than trying to duplicate its features in a cruder platform.
 
Nothing from Cyber Rep.

They really value their customers, don't they? Why waste money advertising here if you aren't going to at least monitor the one thread concerning your company?
 
We do monitor the forum, but I don't have any specifics as to how order routing, etc... will be handled.

My intention was to post when I have facts and not speculation based on what should/should not be included in the platform.

Again, as I get your answers and specifics as to what will be added, I'll let you know.

We wouldn't have taken the time to post here in the first place if we didn't care about our clients. Feel free to contact us if you have any concerns regarding the integration in the meantime.

Thank you,
 
Don't hate the Cyber Rep hate the Schwab decision makers.
The Cyber Rep on here has been the only helpful source since the announcement. Although the info we want can't come fast enough.

If what the Cyber Rep has stated so far is true. I only have 2 remaining concerns.

Order routing/execution.

A clear description on what hours we can and cannot trade.

If these stay the same as Cyber has them now I think I will actually stay.
 
It's too bad. Per Share Pricing is very valuable.

Also, Cybertrader is a very sophisticated platforms with nice tools available. I doubt if any other platforms can have the same nice features.

Looks like Schwab wants the winning traders out.
 
Quote from CyberTrader Rep:

We do monitor the forum, but I don't have any specifics as to how order routing, etc... will be handled.

My intention was to post when I have facts and not speculation based on what should/should not be included in the platform.

Again, as I get your answers and specifics as to what will be added, I'll let you know.

We wouldn't have taken the time to post here in the first place if we didn't care about our clients. Feel free to contact us if you have any concerns regarding the integration in the meantime.

Thank you,
More...

My apologies. I am frustrated by Schwab's approach to this.
 
Quote from Adobian:

It's too bad. Per Share Pricing is very valuable.

Also, Cybertrader is a very sophisticated platforms with nice tools available. I doubt if any other platforms can have the same nice features.

Looks like Schwab wants the winning traders out.
More...

I thought they said per share pricing would remain an option for CT customers.

They have been vague on routing and pre and post market trading. Neither of those seem like big issues to implement to me though. Surely they wouldn't offer a direct access platform without something very similar to CT's current routing options, ie multiple ECN's with advanced order types, eg hidden and partially hidden size.

CT has an excellent news feature. CyberQuant is very useful as well. Would hate to lose either of those.
 
They are going to offer the Per share pricing to current Cyber users. Not sure what the other poster is talking about. CyberQuant is already on the SSP platform.

The news feature used to be good a year ago. But I think somtime in later 06 they botched it up good. All news that hit the wire was instant so it seemed until later 06. Since then it sometime takes for eever for it to come through. Also the default used to show the news for the last 24 hours and now it only does it if you manually switch it to the last 24 hrs for each symbol everytime you change symbols which is flat out rediculous! They should offer the option as a default on this instead of its current default. This has made my liking for the news releases much less useful.

For example on the old news set-up if you got on to trade in the morning and seen price action, but had no news showing. You have to manually set the news to the last 24 hours. (may have had earnings night before) The old set-up showed you if there was any news the day/evening before which the new one does'nt
 
Quote from GTC:

AAAintheBeltway, my understanding is that per share prcing is an option only till 2007.
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That would be incorrect since its aleady half way threw 2007 and its still an option.

???
 
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