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> May i expect less slippage, on point basis, using emini nasdaq
> due to electronic exchange? Is this enough to compensate the five
> time commission you are going to pay?
Yes, and yes.
I happily pay $60/RT for 5 NQ's instead of the $16/RT I paid for one
ND. I haven't been using it long enough to get good stats on it, but
I'd guess my fills are at LEAST 3-4 full points better, per RT, than
they were with the pit-filled ND. The spreads are much narrower and
the fills are much faster. The fast/direct nature of electronic
trades, vs. calling to the pit, is a much better solution in my
opinion.
Gary
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