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Non-Tech : CYBERTRADER

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To: Bill Fischofer who wrote (626)5/17/1998 5:47:00 PM
From: William W. Dwyer, Jr.  Read Replies (1) of 3216
 
Bill,

Regarding market share, I understand that CyberTrader is used by Bloc Trading Inc, one of the largest (if not the largest) SOES trading firms in the country, something like 43 offices, probably 450 or more SOES traders nationwide using it. They seem to like CyberTrader a lot, and that seems like a good recommendation.

I formerly traded with A.B. Watley and used Realtic III then, I believe. I did not liked the way it looked, nor anything else about it. I did not find it stable or user-friendly. I am under the impression that M.B. Trading uses the same software, or at least something similar. That is why CyberTrader always appealed to me.

The pcAnywhere feature is good for troubleshooting, even for installing the software. But I just personally think it's a bit weak if it constitutes the only training one gets. I don't think it's sufficient. I think it's cheaper to do, but not better. It doesn't appeal to me. And it's certainly not what I was initially led to believe would take place.

Bill, I've never heard of Livetrade. What is it? Execution software? Another broker? Or what?

Thanks,

Bill

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