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Non-Tech : MB TRADING
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To: Wayners who wrote (5358)1/12/2000 9:13:00 PM
From: cloudless  Read Replies (1) of 7382
 
SNET broadcast by my experiece is useless.

Thanks for confirming what I've learned in the last two weeks Wayne. I am currently using Preferred Trade just since the last two weeks. I couldn't understand why I wasn't getting filled using their Auto-Trade function. They state that it will route the order in the most expiditious manner to get the fastest fill ~ NOT ~. I found out what they actually do is first send all orders through SNET to five different market makers giving each market maker 12 seconds to fill the order before moving to the next. After 5 mm say, no thanks, then they send it to ISLD. Now I'm just using SNET preference to ISLD. AND looking for a different platform (which is why I'm hanging out on the MB Trading thread!)

Thanks for highlighting the SNET broadcast problem. Cloudless
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