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RE: PMB >Was Re: CUBS/TOPS/LEOWEB Alternative?



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Mark,

Great idea. Miles Dunbar is also working on a product like this for Trade
Center, Inc., an IB to LFG. He was demoing it at OmegaWorld, using TS5. You
may want to see if you could both benefit from talking together.

Neil


|  -----Original Message-----
|  From: Mark Brown [mailto:markbrown@xxxxxxxxxxxxx]
|  Sent: Monday, August 31, 1998 1:33 PM
|  To: Ernest Cespedes; omega-list@xxxxxxxxxx;
|  realtraders@xxxxxxxxxxxxxx
|  Subject: PMB >Was Re: CUBS/TOPS/LEOWEB Alternative?
|
|
|
|  I just met one of the wheels at PMB in NY at a conference.
|  He and I were
|  talking about how electronic trading has flourished, he's
|  correct.  I told
|  him about my interface that places the trades directly from
|  TS to a web site
|  and there my broker places the trades for me.  He offered
|  and I have took
|  him up on it : to develop a completely automatic order entry
|  add-on for TS.
|  Here is the way it would work TS would automatically
|  transmit the order to
|  the hand held device and then the filling broker would send
|  back the fill,
|  which would pop up on your screen.  I can make this thing in
|  many variations
|  such as having it pop up a box saying do you want to buy ?
|  yes/no.   Or many
|  other ideas come to mind, I am thinking that when the fill
|  comes back I
|  could make it enter the trade in a portfolio tracker and
|  keep up with the
|  real time p/l..  Comments?
|
|  Mark Brown
|
|
|
|
|  Subject: CUBS/TOPS/LEOWEB Alternative?
|
|
|  >Fellow Traders,
|
|  >Now that the SP has limit down, I have time to ask this question...
|
|  >Does anyone in the group have any experience using the browser-based
|  >order entry system by PMB (www.pmbinc.com).  According to
|  their website
|  >and the broker I spoke to, orders get routed thru TimberHill's
|  >computers, then
|  >to a hand held devices in the S&P pit where a broker
|  executes the order,
|  >enters
|  >the fill price, then back to you within 15 seconds.
|
|