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PureBytes Links
Trading Reference Links
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www.patsystems.com I believe. If thats not right let me know. It leases for
$350 a month, but their feed is 10 seconds ahead of my quote feed, so that
alone is worth it. When I hit a bid, I get what is on the screen. Its that
fast and up to date. My broker is 800 284 6875, for further info.
joe
----- Original Message -----
From: <whardy@xxxxxxx>
To: <realtraders@xxxxxxxxxxx>
Sent: Tuesday, November 07, 2000 8:05 PM
Subject: RE: [RT] FUTURES BROKER
> Joe,
>
> Thanks for the reply. Where can I find this PATS system? Do they have a
website, or a number? Do you use this system?
>
> Bill
>
>
> > ** Original Subject: RE: [RT] FUTURES BROKER
> > ** Original Sender: "Joe Duffy" <joeduffy@xxxxxxxxx>
> > ** Original Date: Tue, 7 Nov 2000 16:31:51 -0600 (CST)
>
> > ** Original Message follows...
>
> >
> > I guess it depends on what you want from a on line futures broker. If
its to
> > trade e-minis tho, I have some thoughts on things that I have found
> > important in my experience.
> >
> > 1. Order Entry Speed--- This is the time it takes to enter the order and
the
> > time it takes to get the fill back. Entering orders in my experience
should
> > be entirely point and click. If you have to type numbers you waste time,
and
> > risk "fat finger" errors.
> >
> > 2. Execution Speed ----Once you hit the send key the order should hit
Globex
> > within a second, and fills back within seconds of that. Which leads to
the
> > next point...
> >
> > 3. Direct Access to Globex--- To get 1 and 2 above you need DIRECT
ACCESS.
> > If your going thru a routing system, or any system with human
intervention,
> > its not going to work in my experience. Markets just move way too fast.
> >
> >
> > I have not yet found have not yet found a system that delivers this for
free
> > yet. Probably the closet is PFG best direct. But they have had some
software
> > issues. When right though they are good.
> >
> > If you really want a FAST execution system with streaming quotes and
nano
> > second order entry and fills, have a look at the PATS system. It is an
> > independant piece of software that you lease, but it is pretty good
compared
> > to the run of the mill stuff. I believe several brokerage firms offer
it.
> >
> >
> >
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxx
> >
> >
>
>
> >** --------- End Original Message ----------- **
>
> >
>
>
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxx
>
>
>
>
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