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Cubs is down again all day today Thursday Jan 7th
Gilbert.
At 08:21 AM 1/6/99 -0800, you wrote:
>> Anyone have any input on:
>>
>> 1) Why CUBS is down so often?
>
>Because the CME's hardware/software techs are idiots. Furthermore, the
>people at LFG are idiots for depending on this unreliable system. Sorry
>but there is no kinder way to say it.
>
>> 2) Another Etrading broker besides LFG that DOESN'T use CUBS?
>
>Lind Online seems quite good. The software interface looks like a 1982
>DOS program but you can get used to it and their infrastructure is
>excellent.
>
>E-mini... when TOPS is working and you place an order that TOPS will
>accept, the order goes straight into TOPS/GLOBEX and your fill is
>reported in second. If TOPS is down or you want to place an order
>outside the GLOBEX limits, the order goes to a clerk with a GLOBEX
>terminal.
>
>S&P... they have the ability to use CUBS but, due to reliability
>problems with the CUBS system, have not been using it for several weeks.
>Rather, the online orders are printed out at the pit desk and flashed
>into the pit.
>
>Bottom line, at Lind unlike with LFG, the customer doesn't have to worry
>about system problems and cancel orders or change order types when the
>CME systems go down. The broker takes care of all that and, as they
>should, they make sure your orders get done one way or another. After
>all, it's THEIR job, not yours. The daily excuses and market-only
>restrictions from LFG are pure crap.
>
>--
> Dennis
>
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