DAYTRADING Fundamentals Message Board

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To: Eric P who wrote (2430)	8/5/1999 11:13:00 PM
From: Dan Clark	Read Replies (2) of 18137

Eric, typically I've been using the CyberLimit (sort of an "automatic transmission" of order routing). It's been very fast with good fills. About 1/2 of the orders get routed to Island and the other half go to market makers. This is an interesting feature of CyberX in that it routes the order for you, but tells you how it routed it. My other alternative has been the "Direct->ECN" (Island). I've used this several times, especially in premarket. I don't use SOES and I don't preference MM's. SOES is kind of useless from what I hear. Also, I'd rather keep my orders out of the hands of the MMs whenever possible. Regarding Island, CyberX has an option of "Fill or Kill". I believe that you mentioned this in a previous post. I'm not sure if the CyberX version is the same as the one that you are referring to. Any idea? Regards, Dan.

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