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> I am looking to trade direct without calling a broker via the
> internet. I discussed with my broker and he suggested I look at LEO
> through LFG. Is there much difference with these internet firms? I
> know there has been much discussion about this recently but I do not
> know how to access the archives. I would be interested in this
> address as well. Any web-site or publication rate these services?
> The market I will be trading will be the S&P. Any comments or
> suggestions would be appreciated.
>
> Sincerely,
>
> John Curry
> <
>
> John -
>
> There is a lot of difference between LEO and the other systems. LEO
> is the only system that has a direct readout of the trades in the
> pit.
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
> All the rest of the systems go to the floor and are then
> signaled to the pit.
>
> Right now, the LEO readout is on the side of the pit that handles
> small orders (<20). They have plans to put a 2nd station on the
> side of the pit for large orders.
>
> I was just there on Thurs and saw the operation and was most
> impressed. Now, if I can just get a decent commission rate I would
> switch to them.
I had an offer of > $20 rt...... <g>
rgds hans
~~~~~
....and bear in mind
that high reward does not come without its partner high risk !
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