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Strategies & Market Trends : Level II Trading -- Ignore unavailable to you. Want to Upgrade?

To: Allan C. who wrote (346)	3/5/1998 4:21:00 PM
From: Scott	Respond to of 1086

Does anyone get their quotes from RT Quotes (www.rtquotes.com)? I got a free demo a while back, and I liked it, and now they have a new version of their software that they want me to demo. They say that they will be adding a trading system in the future. Their prices seem kind of high, so I was wondering if anyone felt that their service was worth the money. Scott

To: Allan C. who wrote (346)	3/7/1998 8:43:00 PM
From: Ross	Respond to of 1086

True that expanding to fast is always a concern but what is not clear to most is the actual structure of our company. We have found that the failures of others are do to attempting to do too much. What I mean by this is that one company trying to run a complex software system, administer clients, clear securities, tech support and finally (in some cases) to run an ECN is a recipe for failure. And I could not agree more. So having learned from this, we tried a new concept. The Broker/Dealer manages the ECN and compliance, the clearing firm does only clearing, the servers are maintained buy the actual developers of the oldest and most proven software on the market, and finally the tech support and account administration (client services) is done by people trained specifically by that task and I may add our tech support representatives are also brokers (not a small feat). So MB Trading is actually a conglomeration of the best doing what they do best. Can we continue to grow? Yes! Why? Because each individual group specializes and growth just simply means more of the same for each group. Ford does not manufacture tires or stereos, they used Goodyear and Sony, Amazon does not write books that's what authors are for, nor do they deliver them to customers they leave that to UPS they simply put it all together and as a result it works. We look at ourselves the same way. Most simply, we all share in our sucess, profits may not be nearly as high for any one division but potential growth, requirement of resources and task managment will continue to be managable at any level. There you have it the secret of our hopeful continued success! Ross Ditlove MB Trading By the way as an actual example, we saw that we needed a new T1 last Friday, bandwidth was getting low. I am happy to report as I will to all of our clients that the 1st of 3 new T1's (installed yesterday) is now up and running for Monday morning.