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Sure Michael
I'm currently with eLocal, who use PATs JTrader.. A smallish company,
so super fast, friendly service when I've needed to call them (as I
did the other day when my motherboard collapsed with an order in
the market 10 minutes before close).
They're 8.50 including all fees per round turn, which is low enough
to be cheapish, although not the scary-no-service low of IB.
Not a big fan of Java interfaces, but I'm quite happy with the fills,
and I haven't found any issues with my reports yet (touch wood),
trading numerous times most days.
Glad you pointed out the no go with JTrader/TS4. Have been trying to
get JTrader working on my backup TS4 machine without success (see
my previous comments re aversion to Java :) ).
Had considered Man Financial, but now rather glad I didn't go with them.
cheers
Si
At 18:08 24/08/02 +0300, you wrote:
>Simon Dawson wrote:
> > Am now with another broker, and get much more typical response,
> > fills inside a couple of seconds max. A very much happier experience.
> >
> > I wouldn't go back to PFG, nor recommend them to anyone I cared
> > about if they paid me a million bucks*.
>
>Simon, why don't you please share that other broker (which you're happy
>with) with us?
>
>I've worked with Man Financial's MTradePro (PATS JTrader). The PATS
>software is Java-based, so it won't work on the same PC along with TS4
>(I'd rather not go into all the gory technical details, but it boils
>down to having the CPU utilisation maxed at 100%, not PATS fault
>ofcourse) although it works fine alongside TS2k. The PATS software
>interface is quite good and fills are timely.
>
>The MAJOR problem is that ManFinancial's MTradePro order-entry system
>isn't connected to Man's back-office (I know it's hard to believe), so
>you get completely bogus reports on your current positions, average
>price, your current P&L, open P&L etc which can be quite confusing and
>may at times render your account untradeable (like when you have an
>imaginary loss of -$90k on 2 ES contracts with avg price of 0 etc).
>
>Much like PFG you quoted, Man showed no interest in fixing things in
>that regard. I wouldn't recommend them to anyone doing more than a 1-2
>emini trades per day.
>
>Phone support of ManFinancial is rather adequate in normal market
>conditions.
>
>Regards, Michael.
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