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Ah, yes, Larry Williams will be the featured speaker at Futures West
-----Original Message-----
From: Timothy Morge <tmorge@xxxxxxxxxxxxxxx>
To: rtobiass@xxxxxxx <rtobiass@xxxxxxx>
Cc: Neal T. Weintraub <ntw@xxxxxxxxxxx>; omega-list@xxxxxxxxxx
<omega-list@xxxxxxxxxx>
Date: Tuesday, September 22, 1998 3:45 AM
Subject: Screens, screens and more screens...
>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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