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Mark
They may have even taken it a step further. It may be totally electronic,
without the human actually reading quotes. My problem trading is not lack of
information. It is lack of focus and concentration. It helps me with that and
tells me the minimum lag in my data stream.. I have tried a couple of the
in-the-pit squawk boxes. I received virtually NO information that was useful
to *me* (maybe to an ex-floortrader, but not me) and they drove me crazy.
Kind of like someone operating a jackhammer outside my door.
Jim
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scheier wrote:
> I had someone who subscribes to an official squawk box check this out.
> This is not live from the floor, but simply a woman hired to read
> electronic quotes from a screen, and the noise in the background is
> staged, pre-recorded on a loop tape. The reason for a real squawk is to
> hear the auction bid ask even before it hits your quote service. If this
> assessment is correct, this one from the CME will add nothing to your
> trading.
>
> Mark Scheier
>
> jparris@xxxxxxx wrote:
>
> > Anyone successfully using CME e-mini squawk box this morning ?
> >
> > Jim
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