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Strategies & Market Trends : Level II Trading

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To: CJ who wrote (627)5/24/1998 11:30:00 PM
From: Darren  Read Replies (2) of 1086
 
Not much help here -- we both use Cybertrader, and commissions will eventually be $23.95 + all kinds of silly taxes making it actually more expensive than Harvey's $25.00. There are discounts for volume... Cybertrader is the best software to trade on (IMO), and their staff is incredibly courteous. But you pay a premium for all that stuff, and you gotta wonder if the SOES trading houses are worth trading with when you can get the same commissions from Schwab or other discount brokerages...it really depends on how much you will be trading (trades per day) and how quick you need to get in. Cybertrader would encompass the high end. But, you should look around. I've seen comparable high-end systems with $15.00 commissions, which when you are a big volume trader, adds up on a day-to-day basis...
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