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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?

To: ronayre who wrote (419)	9/1/1999 7:42:00 AM
From: Patrick Slevin	Respond to of 7434

I don't have any brokers in particular I would recommend. I have been getting a lot of stuff on e-mail from some every week as well, though. The most recent one said it was 4.95 a trade. That had to be each way, I'm sure. As for the 4 to 8 second Fills....nah. Electronically, I don't think the fill is faster by much (if at all) compared to a phone order. Unless you are trading the small contracts. The way the commissions have dropped, I'm probably going to stay away from trading the large contracts and just trade multiple small ones because the Fills seem much faster. The real problem with them is what I've heard called the "elasticity". Looking at the day that the FOMC raised rates last week, for example, the E-Mini had a range far in extreme of the SP9U when the announcement was made. So one really has to be far more careful. I know the D-Mark went to Electronic Trading. How about the Euro, didn't they come out with a small Euro that trades that way?