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>
> Scalpers will want a good fast non-web system for fast fills. They
> probably don't care much about stop orders. The FIX API would be a good
> choice (although it seems like serious scalpers would would just pop for
> the $400 a month and get a Globex terminal.)
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You also need to post a bond and some other things, U just can't order a
terminal.
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>
> Position traders (like me) put a high premium on good fills on stop-loss
> orders in price shocks. So, for now, I think I'll stick with good
> old-fashioned TOPS. Looks like it is giving me an important edge on a
> day like Wednesday. It may be a red herring to some but it's important
> to me.
==============
It give you ZERO edge. Please read John's explanation again.
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>
> So the question for people to ask their brokers, as Earl pointed out a
> while back, is where are stop orders stored? On your computer, the
> broker's computer, or the CME's computer? Always good to know these
> things. Then, judge for yourself if that matters to you or not.
>
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If you can say that after the lengthy discourse on this subject then
I guess you and I were not reading the same thread.
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>
>
>
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