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PMBe problems



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>To: jan4123@xxxxxxxxxx
>From: Mail Administrator<owner-Code@xxxxxxxxxxxxx>
>Reply-To: Mail Administrator<owner-Code@xxxxxxxxxxxxx>
>Subject: Mail System Error - Returned Mail
>Date: Sat, 10 Jul 1999 14:12:14 -0500
>
>This Message was undeliverable due to the following reason:
>
>Sorry, you aren't allowed to post to this mailing list.
>
>
>If the communications between Timber Hill and PMBe are lost as it was in
>this case,
>trading desk is of no help.
>If the system broke down while you were transmitting your order, nobody will
>know
>what the status of your orders is until the system is back on. Only TH man
>knows
>what it is, but there is no way to communicate with him.
>PMB should have a 100% back up system to avoid such situation in which
>traders
>are left at the mercy of the market without any control over their trades.
>PMBe used to be quite reliable, but has changed dramatically recently.
>I was told that changes have been made in their software and hardware which
>may
>have been the cause. PMBe should acknowledge the problem, explain what may
>be
>causing it and what is being done to rectify it.

Jan Philipp

>-----Original Message-----
>From: John O. Romero <romeroj@xxxxxxx>
>To: DLCRL@xxxxxxx <DLCRL@xxxxxxx>
>Cc: TSCode-List@xxxxxxxxxxxxx <TSCode-List@xxxxxxxxxxxxx>;
>omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>;
>owner-realtraders@xxxxxxxxxxxx <owner-realtraders@xxxxxxxxxxxx>
>Date: Friday, July 09, 1999 2:59 PM
>Subject: Re: CL_PMBe problems
>
>
>>Dale,
>>
>>I have been using PBMe for over 1 yr. and have had the system go down on me
>only
>>once during a trade.  I made a phone call to the trading desk and they
>completed
>>my transaction.  These are the number I was given by my broker.
>>
>>Backup phone #'s
>>
>>Trading Desk --> 800-896-1557 or 312-407-6033
>>
>>You also should have the phone # of your broker who could also do something
>for
>>you.
>>
>>John
>>
>>
>>DLCRL@xxxxxxx wrote:
>>
>>> First let me apologize for the cross posting I know it is bad manners as
>many
>>> of us are on all the lists but i felt it was important to get this
>message
>>> out to as broad a population of potential PMBe customers as possible . I
>have
>>> been a PMBe customer for about 4 or 5 weeks and twice have been faced
>with
>>> heart failure due to electronic trading problems and a lack of reliable
>back
>>
>>big snip
>>
>