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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: TFF who wrote (7971)	2/12/2000 7:15:00 PM
From: Dan Duchardt	Read Replies (1) of 12617

TFF, It would be refreshing not to have to waste time on routing/execution and be solely focused on entry/exits. I surely agree with you on this. After a fairly intense experience with a RT3 trading system last year, and coming to the realization that just because you see a quote and choose the "correct" path that does not guarantee an execution, I stopped buying the hype about the dreaded "payment for order flow". There are times when having my order represented to the market under the name of MMxx is exactly where I want it to be. Plus, a system that will automatically seek out the ECN that can execute your order at any given moment sure beats trying to follow them manually on level2. Of course many RT3 and similar high end systems are offering that automation as well, but if auto-routing is what works best you don't really need all the manual routing anymore. Dan

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