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PureBytes Links
Trading Reference Links
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Mark:
Here is their FCM info (link below).
They offer Ranorder Pro and display retail rates at $5 RT for Ran plus $150
a month for under 5000 contracts traded per month. They offer TT for $625
and $4 per RT and a web based for $5 per RT.
Their business model, I ASSUME, is designed for high volume retail and/or
IBs. The TT platform is still primarily used by institutional firms. They
(TT) are scheduled to offer a retail version this fall.
There are several traditional clearing firms for floor traders and new
startups pursuing to capture some of this emini volume.
http://www.nfa.futures.org/basic/details.asp?nfaid=0317696&name=VELOCITY+FUT
URES+LP&sfp=&history=on&prins=&status=&address=on
I think the Omega group would be interested in the retail version of TT
because of it's friendly programming. The current version is time consuming
and really not cost effective unless you trade 40 plus a day. We have it
too, it's pretty awesome but difficult to sell on a retail level.
side note....who is serving us lunch on March 7th?
----- Original Message -----
From: "Mark Brown" <markbrown@xxxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Friday, February 14, 2003 8:29 AM
Subject: Re: FloorPass
> Hello The,
>
> TF> Velocity Trade LLC is the firm.
>
> http://www.velocityfutures.com
>
> they are their own fcm - they are primarily a prop shop. kinda like
> the old soes shops but for futures. i had a long talk with them a few
> days ago as they are located in houston tx. the rates are very very
> low.
>
> however after talking to them about their hardware and server from the
> exchange. its scary to know i have more band width than they do, more
> redundant data feeds, computers, etc. maybe i will look into becoming
> a fcm, well that would be a lie - i already have. ;)
>
>
>
> --
> Best regards,
> Mark Brown
>
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