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Bilo:
Trading Technologies simulator has a live feed from the CME and the CBOT.
That is not a simulation of the depth of the market, that is the real depth
of the market.
Trading Technologies is owned, run and driven by one of the most successful
electronic traders on the planet in Harris Brumfield. Harris is largely
credited with creating the liquidity on Eurex that allowed them to take the
Bund contract away from the LIFFE. He has been very influential in
developing X_Trader into an application aimed at the high end professional
user.
The $700 or so per month charge is a drop in the bucket to the active
traders who use X_Trader. TT is also planning on offering a more retail
oriented version of X_Trader at some future date and I would imagine the
pricing would be more friendly. Perhaps that would be more appealing to
your needs. As for systems trading, whether X_Trader is right for you
depends on your system and the volume you trade. I know of system traders
who get plenty of value out of their TT terminals.
TT is a good company with terrific, helpful people in it and I believe is
the most commonly used trading electronic trading platform at the CBOT. TT
is the kind of quality driven, dependable technology company we want and
need in trading.
My company does offer X_Trader, though I currently don't have anyone on it.
Last week I mentioned that I can set up 1 free month of simulator trading on
X_Trader for anyone who is interested and who thinks this would be a
platform they would really use.
Regards,
John J. Lothian
Disclosure: Futures trading involves financial risk, lots of it! John J.
Lothian is the President of the Electronic Trading Division of The Price
Futures Group, Inc., an Introducing Broker.
-----Original Message-----
From: Bilo Selhi [mailto:biloselhi@xxxxxxxxxxx]
Sent: Thursday, February 20, 2003 2:15 PM
To: Mark Brown; Omega List
Subject: Re: Re[2]: Electronic Brokerage
Mark and all,
what is so special about x_trader??? i don't get it...
i see it as bubble ware for $700 per month... simply ridiculous.
it should be free.
their networks is simply what a standard should be, i don't see nothing
special there.
their simulator is a bs because nobody out there simulates real liquidity...
the risk app they got is good...
it does look however that they have captured the e-futures niche very well
and are ready
for the future.
it maybe a choice platform for market making and spreading but for us system
traders
it's not what is needed.
TS is replacing their feed and lame futures execution part in version 7.0
if they will have intelligent order routing for futures with speedy quotes,
L2 futures box and TOS
and lower margins than competition that's all you need for futures system
trading...
they will capture the market. their current futures part is a joke and with
Lind-Schmaldoc
as clearing firm they don't look good on that part...
bottom line is i am switching to TS 7.0 for executions as soon as they
deliver it March,
j-trader will do until then.
bilo.
----- Original Message -----
From: Mark Brown
To: omega-list@xxxxxxxxxx
Sent: Thursday, February 20, 2003 2:32 PM
Subject: Re[2]: Electronic Brokerage
Hello Alex,
http://www.tradingtechnologies.com/
Thursday, February 20, 2003, 1:26:42 PM, you wrote:
AM> Mark Brown wrote:
>>i think the software is TT - the rest i have some opinions on but TT
>>is the going software for sure. who you hook up to is the next step.
AM> What's "TT"?
AM> -Alex
--
Best regards,
Mark mailto:markbrown@xxxxxxxxxxxxx
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