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


To: HubTech who wrote (3945)3/6/2000 9:55:00 PM
From: Ward Nicholson  Read Replies (1) | Respond to of 4467
 
Conspiracy Theory:

I'm beginning to think this is a massive conspiracy.
The full-service borkers have been losing massive amounts
of business to the discount borkers over the past few
years. I think the full-service clowns have forged a
monetary "relationship" with the discounters such that
business will now be directed back to the full-service
realm. I'm sure the government (KYC rule) and the TSE
(inflating the TSE 300 index via NT and BCE) are involved
somehow too. The old guys simply got tired of seeing
less cash in their pockets and decided to screw the public
over and set things back 15 years to the way they were.

The climax of this whole charade will be when the markets
go limit down and NOBODY can get through to a discount
borker to make a trade because all systems will have melted
down into a pure black cybervoid.

BWTFDIK.

I placed an order to buy CLT at $18.50 this morning when
the price had dropped there. It took 40 minutes for the
order to get approved. By the time it had, CLT was over $19.

I can't believe how bad the service is. Just when you
think it can't get any worse...I'm now expecting 60 minute
delays in order approval in the coming days. How's this
for an an analogy? Having to wait for one of these dorks
to approve an order is like having to wait for a doctor
to put on your condom before you can have sex. 8-[

WN



To: HubTech who wrote (3945)3/6/2000 11:02:00 PM
From: StockPro  Respond to of 4467
 
Good point HubTech, but just imagine what would happen if they implemented your solution. The backlog as the "human" order processors (acting on the KYC rule) would probably increase at least ten-fold. Seeing as the "humans" can't keep up, their failure in addressing the hardware issue is obviously just a means of limiting the size of the "official backlog". Ward just complained about waiting 40 minutes for approval on an order. Can you imagine if ALL orders actually made it thru the servers --- he'd probably end up waiting 400 minutes for his order to be reviewed by the "humans".



To: HubTech who wrote (3945)3/7/2000 7:22:00 AM
From: James Thai  Read Replies (1) | Respond to of 4467
 
I doubt the problem is with the webborker servers (I almost called it that when I was talking to a rep yesterday.. probably should have :). They're just the interface to the backend mainframes, which is the bottleneck. You can have web servers coming out the wazoo but until they get rid of the mainframes (not gonna happen this century) or volumes go down, you'll never see an improvement in speed online.

That's why I'm looking at www.yamner.com

James.