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In a message dated 12/30/2000 5:08:21 PM Central Standard Time,
catapult@xxxxxxxxxxxxxx writes:
<< Unless a guy is really serious, or has a lousy ISP, the deal with
Internet VPN connection $200/month
GL WIN software-only $200/month
looks hard to beat. You would avoid the steep installation fees for the
dedicated line as well as the high monthly charges.
http://www.cme.com/news/2001pricing.pdf
>>
The deal you speak of does not exist yet and is unlikely to until April 2001.
The deal prior to 12/18/2000 beat it hands down. The Merc provided the
terminal, the software, three phone lines, one of which was a dedicated
leased line directly into Globex2 (i.e. no Internet). The monthly charges for
these additional lines was paid for by the Merc - (you don't even get a bill)
and all for the same $400/month.
Now THAT was hard to beat. But, post 12/18/2000, if/when they develop the
VPN, their set up will still be about the best - although GL/Trade is the
worst of the 'certified' vendors' software.
So, while the installation fee is no longer applicable, you now provide the
machine, the line(s) and most importantly, no longer have a direct
connection.
If you're looking to scalp, then you will be impacted (unless you pay the new
price - $1400/month). If you position trade, then you don't need anything
more than IB, PFG etc. anyway - and their software is free.
< Now, if you could tie that data feed into TS..... :-)>>
This is being looked into as we speak.
Rgds,
Kim
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