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Strategies & Market Trends : From the Trading Desk

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To: TomO who wrote (2797)4/1/1998 9:16:00 PM
From: steve goldman  Read Replies (2) of 4969
 
Perhaps someone like Fred or a few othe clients who frequent this site can respond here, but I would say that our execution capabilities are the highest in the industry. I full respect all that Ross at MBtrading has done as a new startup as well as other, yet we have been around 20 years and can claim a couple of things:
1. Immediately, direct phone access to our traders, all phones guaranteed to be answered within 1 or 2 rings, by a trader, immediately ready to take and execute a traade. On a marketable order, a SOES order might take an extra 2 seconds. Now most people are simply banging away at SOES trades and often the price improvements, and order protection we offer on trades more than compensates for being 2 seoncds slower on SOES trades.
2. We have been around for 20 years so you have good assurances of the firm you are dealing with, where you are placing your cash, is a solid one. We have never had a filing or complaint against our firm in those 20 years for any reason.
3. We dont make markets or act as principals and work each and every order, using every execution system to the clients best interest.
4. Our commission schedule starts at $30/per ticket for active traders plus a cent or two for orders where we can get you a priceimprovement, etc. Spending 2 cents to get 12 1/2 cents minimum is a good investiment.

There is no waiting with us. As well, we offer a chat site where clients log in and get advice and guidance from our traders who remain in contact all day. As well, we utilize ichat's pager system so guidance, advice etc, suggestions on best way to execute, can be done instantly.

If you're looking to do 30 soes tickets a day, banging away for 1/16s, Ross's system would probably be better. If you are lookig for some of the highest quality executions on the street, great SOES, SNET, superdot, phonebased, RAES,pace, whateve is available executions, as well as guidnace, advice and suggestions from experience, qualified traders, and a great backoffice and long standing reputable traders, call us.

Perhaps if some of our clients are prowling around up here, they could add some feedback.

Steve@yamner.com
yamner.com
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