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

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To: Shoot1st who wrote (291)2/11/1999 6:06:00 PM
From: Eric P  Read Replies (2) of 323
 
Shoot1st:

I have been with Castle Securities for 18 months and I confirmed that they get their Level and T&S data DIRECTLY from a Nasdaq feed. Even though I use PC Quote satellite feed for my automated trading system, I have never seen any problems with the Castle data feed. This is contrary to my experience with PC Quote, as they have bandwidth problems with their satellite and which causes their data to be 1-5 minutes delayed at the open and occasionally at very active times during the day. => Very frustrating when you are paying over $1000/month for satellite datafeed. Anyway, I use the Castle JavaTrader Level II datafeed to validate whether my satellite data in on the money, or delayed.

I am not recommending Castle, per se, but you may want to investigate a broker which gets their data directly from Nasdaq to avoid problems with PC Quote or S&P Comstock data.

Good Luck,
-Eric
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