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Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: The Devil Dog who wrote (3441)	6/22/1999 8:53:00 AM
From: John Hunt	Read Replies (1) \| Respond to of 4467

When I was daytrading with MB Trading last year on Nasdaq using Real Tick (PC Quote is a version of Real Tick), fills would typically be 2 - 10 seconds as long as the market makers were not playing too many games, so it will be interesting to hear from you how good their order fill response time is. John

To: The Devil Dog who wrote (3441)	6/22/1999 9:17:00 AM
From: The Osprey	Read Replies (1) \| Respond to of 4467

Thanks Wayne.....Always nice to know how it goes.I will be anxious to know your successes with it in real time with real trades.Hope you will share it with me(us) The Osprey

To: The Devil Dog who wrote (3441)	6/23/1999 9:58:00 PM
From: Vitalsigns	Read Replies (1) \| Respond to of 4467

Pc Quote execution time. I have been using Pcquote system for 6 weeks now and I must say I am very happy with the system. Once I press the Buy Button the trade is sent to Schwab ,they approve it and it goes to the floor. It takes Aprox 2-5 sec from my computer to get approved then between 15-45 sec to get to the floor. I have had discussions with both Pc quote and Schwab on time differences and from what we can tell the problem must be with the T.s.e network jamming up .It's an old IBM system that links all institutions together to perform trades . Once my screen shows the order in red it means it has been sent to the T.S.E. It is always red in 2-5 sec. So there is no reason for the differences in send times to The T.S.E... They are looking into it but in the meantime I always allow 45 sec execution just in case. BY the way it's a great improvement from the 20 min execution I had at Scotia. P.S confirmation are within 60 sec. Hope this helps Vitalsigns