Fight The Power! -Your Broker Just Screwed U - Now What? Message Board

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Non-Tech : Fight The Power! -Your Broker Just Screwed U - Now What?

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To: Dan Swartzendruber who wrote (271)	2/10/1999 5:59:00 PM
From: Shoot1st	Read Replies (1) of 323

Dan, I'm posting this question to you because I think you may have had the experiences to be able to answer. However, any person that can help will be forever in my debt or at least they will make me happy and get nothing in return. THIS IS SERIOUS: As a few of you know I had 4 months of trading with The Executioner using RT3. During that time I made about 400 or 500 trades. I stopped using X at the end of December and just today activated an account with RTTrader.com. I expected to use CYBER with RTT since I was fed up with X and TAL and SWS. When I was told that I had to use RT3 for a while due to "Bug" in CYBERS new servers, I was not happy, but had to get back to trading. Today, when I set up my screen, and put FORE into the MarketMaker window, I got the surprise of my trading life. Nearly 3/4 of the MM's trading FORE, were names I had never seen before on a RT3 screen. With the X RT3 software setup, I saw less than a dozen MM's constantly in opperation. All the big(er) names. Today I counted 28 MM names on stocks that I have repeatedly traded, that I have never seen before. What the Hell is going on here? Did X filter out 1/2 of my competition from my view? Is this why when sitting on the "inside" using ARCA, often thousands of shares went by without me getting hit? Did X REALLY give me the entire L2 picture? Are any of you using X and not seeing 2 dozen MM per active stock? YOu guessed it.....I'm pissed again. Excuse me for having to post this on other threads, but I have to see what people think. Shoot

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