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Non-Tech : CYBERTRADER

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To: Bill Fischofer who wrote (612)	5/15/1998 9:16:00 PM
From: Darren	Read Replies (1) of 3216

Can someone comment on how CyBerTrader works under "fast market" conditions? I sold a few XYBR shares this morning to recoup my initial investment (will hold the remaining "free shares" for longer term) and it took close to 10 minutes for my market order to execute via Waterhouse (and who knows how much I got clipped--limit orders were simply impossible). Has anyone used CyBerTrader to try and trade a stock like XYBR over the past couple of days? Do you still get immediate executions or is the pandemonium just a general hazard in these circumstances? There is absolutely no comparison between Cybertrader and a web-based execution system. If I want to buy something, I know it in 15 seconds. If I don't get it, it cancels automatically, unless it's SOES, which I have set for 30 seconds because SOES is so slow these days. I have no idea how someone can trade KTEL, ENMD, etc. with a web-based, point and click execution system. I saw people trading XYBR all day on CT...looked like there were a lot of successful trades...

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