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I trade direct to the pits as well as using Leo Web. I have never used Leo
for the S&P, but have used it for other markets using limit orders. I like
the security of "instant" fill and confirmation of my price when going
direct. I have a friend who trades the S&P using Leo and he loves it. As
a
matter of fact we executed the exact same trades and the results were that
I
had a .10 better fill going in and he had a .10 better fill coming out. I
like the fact that my pit broker answers the phone with the bid/ask, as you
can never really be sure of the current market price using a data feed, of
course this is most important when trading using market orders. I pay
$13.50 RT either way. Sometimes the reporting of the Leo fills are slow.
<
1) Are the fills reported back thru LEO?
2) Who do you trade thru that gives $13.50/RT?
Thanks,
Paul Weston
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