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Re: Direct trading to pits



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> 
> This is NOT true - I know atleast one more: ""Interactive Trader 
> Workstation"" by IAB / Timber Hill receives orders on a "hand held 
> unit" **in** the pit
> 


Hi Hans-

You seem to be knowledgable on the subject....

I was planning to go direct to the pit next week via a phone line call to
an S&P  pit person, etc.

BUT -

Do you feel the dial up phone/internet to this IAB might be more efficient
in some ways?

When doing this electronic trading: I wonder if maybe a  phone dial up
connection (if they offer the option) might be better than the internet
connection 'cuz of the many things that can go wrong on the internet vs: a
simple phone line? 

When using the computer to place trades I don't really understand the
desire for an internet link in the first place...seems like weak link in
the chain.

Do ya have a ph # or URL for IAB?  

Thanks!

Tom Cathey


BTW, I realize this is somewhat new, but ANYONE on the list have any
experience with the speed and confusion (confirms, etc.) of executions
using a S&P direct pit person vs: an electronic pit system???