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The system definitely needs a bad tick filter.
Jim Bronke
Phoenix, AZ
----- Original Message -----
From: "Bill Wynne" <tradewynne@xxxxxxxxxxx>
To: <catapult@xxxxxxxxxxxxxxxxxx>; <omega-list@xxxxxxxxxx>
Sent: Thursday, June 14, 2001 8:11 AM
Subject: Re: TRAD announces autoexecution
> I agree, and there are so many details beyond or marginally
> under TRAD's control: bad ticks, bad orders, etc. With the
> current state of E-markets and data I wouldn't turn my account
> over to my 'puter and/or Bill and Ralph. Would you fly the
> Concord with no pilot on board and the Cruz crew playing with
> the joy-stick on the ground?
>
> It'd be nice to have something like this "park" the orders and
> then you single click to send on TS4....
>
> BW
>
> >From: DH <catapult@xxxxxxxxxxxxxxxxxx>
> >To: Omega List <omega-list@xxxxxxxxxx>
> >Subject: Re: TRAD announces autoexecution
> >Date: Thu, 14 Jun 2001 07:48:52 -0700
> >
> > > FWIW, my prognostication is that progressively within a year TRAD will
> >be
> > > able to deliver or provide an online trading application and service
> >that
> > > integrates stocks, futures, and options on both.
> >
> ><rant mode on>
> >
> >FWIW, my prognostication is the very best TRAD can hope for is to
> >achieve the quality of IB..... great when it works but you're SOL and it
> >costs you big money with no recourse when it doesn't.
> >
> >There's a lot more to being a good broker than providing flashy looking
> >software. For starters, the software and computer infrastructure should
> >be 100% reliable (belt) and, when that fails, there should be a good
> >phone backup (suspenders) where you promptly get a real broker on the
> >line, not some techno nerd who tells you to reboot your computer and try
> >again. Would anyone seriously consider trusting their trading account to
> >the Cruz brothers? Do you believe they will make it right when they mess
> >up and cost you money? I sure as hell don't. It would be like putting
> >your life savings in 'Crazy Joe's Used Car Lot and Savings Bank.' :-)
> >
> ><rant mode off>
> >
> >--
> > Dennis
> >
>
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