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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: booters who wrote (41444)	11/22/2000 9:03:04 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

No, I think they are an Introducing (I wish they had a different name so I could use the term IB) Broker because they clear through Timber Hill. For example, Man is not an IB. Whenever I have sent them a check the funds are available the day they get the check. Arc Futures is an IB, I have to wait a week there. When I asked Arc Futures why the difference, that's the way they explained it to me. As an IB, Arc has to send the check to Refco and Refco waits for the funds to clear. I do not mind so much, I just do not wish to wait an extraordinary amount of time as Opus suggested. Maybe I shall just wire it. I prefer checks though. If I decide to wire it then I may as well wait until after the Java release. Hope you will be pleased with them At 6 bucks total per contract I'm happy already.