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Richard:
Yes, I was downtown last week in the trading room that I managed about ten years
ago and of the 350 desks, I saw a few FutureSource terminals [less than 10], a
few Aspen Graphics [again, less than ten] and the rest were all running
networked boxes with multiple screens. The network was pushing Reuters and
Bloomberg data from central feeds, as well as their own internal P&L and
electronic trade capture programs. They didn't have a copy of TradeStation,
though one guy in the FCM did have an old copy of System Writer [still on the
large floppies].
Best,
Tim Morge
richard tobiassen wrote:
>
> i called my old firm and asked if what was on everyones' desk (i left 3 years
> ago).....
> i was with fixed income----------------everyone had a bloomberg.........actually
> every two had a bloomberg placed between two traders.(it has two
> sereens/monitors...there are about 300 traders...
> rich t
>
> Neal T. Weintraub wrote:
>
> > I am here in Chicago and I cannot find one Trade Station at my clearing
> > firm. But then again we are only a clearing member of the Board of Trade.
> > Not a bash, or a trash...merely a fact.
> > -----Original Message-----
> > From: Timothy Morge <tmorge@xxxxxxxxxxxxxxx>
> > To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
> > Date: Monday, September 21, 1998 2:25 PM
> > Subject: Re: Yet another letter to Bill Cruz
> >
> > >No offense to anyone's opinions here...but TradeStation programs are not
> > sitting
> > >on thousands of institutional trading desks. TS is certainly not up to th
> > >rigours of a large networked trading area and the technology offered to TS
> > users
> > >is just not worth an institutional trader's time and energy--Other
> > platforms are
> > >available that are much more reliable and equipped with better technology.
> > >
> > >If Bill Cruz and others at Omega don't care about the individual trader
> > because
> > >they are dreaming of equipping large institutional trader with TS version
> > 5,
> > >it's no wonder they don't understand what we are asking for--They've lost
> > all
> > >touch with reality.
> > >
> > >Best,
> > >
> > >Tim Morge
> > >
> > >HarriMonk@xxxxxxx wrote:
> > >>
> > >> Mark Brown wrote:
> > >> <<1. They are too busy answering the phones for sales and could give a
> > shit
> > >> less about us?>>
> > >>
> > >> No and yes . At $1,100+ per month for a license for Dow Jones Teletrac
> > Trade
> > >> Station I would think their thoughts are totally removed from the private
> > >> trader altogether . It's obvious that Omega are totally orienting
> > themselves
> > >> towards the institutional IT buyer. DJT does all the marketing to the big
> > >> investment banks - who could buy, say 50 licenses per site- and provides
> > >> (among other things) full customer support and a y2k compliant server
> > whilst
> > >> Omega simply sit back and collect royalties. Probably more lucrative and
> > >> hassle free than slaving away for y2k patches and upgrades for multiple
> > data
> > >> source using spare bedroom traders who read TASC.....
> > >>
> > >> Regds,
> > >>
> > >> Harri.
> > >
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