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<DIV><FONT color=#000000 size=2>Gary,</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT size=2>Thanks for your insight. I have been using LeoWeb (also
uses CUBS) for ages now but the breakdowns are getting so frequent that I need
to go elsewhere. During my time with LeoWeb the number of users has grown
enormously and the guys with the terminals are swamped (there are only 2
terminals too). This will get worse and fills will suffer.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>I would be very interested to hear how PMB goes as they are at
the top of my "to investigate" list.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Thanks and regards</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Simon</FONT></DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
<DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From:
</B>Gary Kramer <<A
href="mailto:gmkramer@xxxxxxxxxxxx";>gmkramer@xxxxxxxxxxxx</A>><BR><B>To:
</B>RealTraders Discussion Group <<A
href="mailto:realtraders@xxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxx</A>><BR><B>Date:
</B>24 September 1998 16:02<BR><B>Subject: </B>My personal Commodity
Brokerage Opinions<BR><BR></DIV></FONT>
<DIV><FONT size=2>I started daytrading Spoos full time about 2 months ago
and am going onto my third brokerage firm. Here are my
comments:</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>1st - futures Online was terrible!!! The CUBS unit
was always down, fill reporting was very slow, I never received confirmation
that a cancel/replace was done and got picked off.
recommendation: Dont trade through internet via Cubs if you are
daytrading.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT color=#000000 size=2>2nd - saul Stone has very knowledgeable
order desk and fills were excellent. I opened the account with $25 K
(their minimum for Spoos) and after taking some cash out and suffering some
losses, the account was about $15K, still sufficient to day trade according
to currrent margin requirements. I got a call this past Monday about
1/2 hour before the market opened telling me that an internal policy now
required the account to be at a $25K minimum per contract! I wired in
funds that afternoon and the next morning they did not show a record.
Only after a couple of hours and missed trading opportunities did they then
show the wire in. Today the account is being closed!</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>I am going to try PMB and their online
brokerage. It appears to be completely different from Cubs
exectution. As a standbuy, I am opening an account at First
American. They appear to have a top notch operation but I am inclined
to try out PMB first.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>I will keep you all posted!</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>Gary</FONT></DIV></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Sun Sep 27 22:57:26 1998
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To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: MetaStock Realtime
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<DIV><FONT color=#000000 size=2>Good Morning Traders:</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT size=2>Does anyone have the realtime version of MetaStock
Professional just released and if so, can you e-mail me as to your thoughts.
There are a few features that seems to peak my curiosity.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Richard Chehovin</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Sun Sep 27 22:58:10 1998
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To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Globex2 is down
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Word from my FCM and confirmed by a CME employee is that Globex2 is down and
the CME has fired up the original Globex system. We are sending all orders to
a Globex operator and have been told not to use TOPS to enter E-mini orders.
I don't know how other firms are handling this.
However, Internet traders should check with their brokerage firms about
trading the E-mini S&P to see if their systems will work considering this
change.
Regards,
John J. Lothian
Disclosure: Futures trading involves financial risk, lots of it!
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