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Re: [RT] emini brokers



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Yes, I'd recommend IB. I have used them for 
several years now and have been very pleased with the ease of the user interface 
and the speed of order transmission/acceptance. Just a couple of caveats - I've 
heard that it can take quite a while to reach Customer Service, although I've 
not experienced that and, secondly, any stop and stop/limit orders are held in 
their computer until the stop is elected, not in the Globex Stop Computer. In 
spite of some opinions to the contrary, I have very rarely been filled at a 
worse price than my stop. However, what you should be aware of is that if IB 
loses its connection to Globex, then the stop order will never be sent. For that 
reason I keep an account at another broker. Now, if Globex goes down .... but 
that's another horror story.
 
Hope that helps.
 
Andrew
 
 
----- Original Message ----- 

From: <A 
title=nchrisc@xxxxxxxxxx href="mailto:nchrisc@xxxxxxxxxx";>Chris Cheatham 

To: <A title=realtraders@xxxxxxxxxxxxxxx 
href="mailto:realtraders@xxxxxxxxxxxxxxx";>RealTraders ; <A 
title=MedianLine@xxxxxxxxxxxxxxx 
href="mailto:MedianLine@xxxxxxxxxxxxxxx";>MedianLine 
Sent: Wednesday, July 03, 2002 10:05 AM
Subject: [RT] emini brokers

I have started trading a lot more eminis than before and am looking into 
low commission emini brokers. Any recommendations? Currently use Refco/LFG and 
PFG. Any opinions on IB?
 
Thanks, 
ChrisTo 
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