To: Len who wrote (943 ) 4/6/1998 6:03:00 PM From: Paul K Read Replies (3) | Respond to of 2358
Len, It's difficult to be always positive about RTT as lately the 'value' has been on the negative side of the scale. It HAS worked better in past months... we know it CAN work well. NAQ has been saying over the months they would fix problems... I keep hanging on the promise as they make changes. Apparently they are getting the hardware portion of the system beefed up, now Paul T says Kanisa/Papyrus will be shoring up their program. I think part of the delay is the fact that this is a form of demo-ware for Kanisa in exchange for a data feed, and the two parties were waiting to see who would 'pay' for the software fixes (based on L.Wong's comments). I suspect problems were being aggravated as users pile on the quotes, they add more subscribers. I keep posting the problems so NAQ/Kanisa will know what they are, and if they are a problem for us as a group maybe other people will chime-in. A 'yey' or 'ney' from users for specific issues may be helpful in this respect. (I just hope they were making a list as we brought the issues to their attention on these threads over the past months.) You said you have gone though 4 systems, maybe I was just lucky that I started using RTT as my first quote program... It has desirable features, but it has some of those demo-like annoyances sometimes. You stick with it because you know there is something good in here if they can just pull it off. I think everyone wants to see NAQ/Kanisa succeed! Datek, my broker, is about to start testing realtime streaming quotes, I may be looking at L2 quotes when they start testing that. In my mind it makes sense that the quotes come from your broker anyway since those numbers are the ones you will trade-on. It can be a hassle juggling two quote systems - RTT/Datek. It's too bad that NAQ/Kanisa don't integrate RTT with a broker like Datek. Just imagine the ability to "click and trade" on your RTT quote screen. Providing only the quotes is half the action in stock trading - and the business model makes more sense when the two functions are integrated. RTT has advanced functionality, but the operation of quoting/trading is handled like they are totally separate industries. (Yes, I know other service providers like Watley have this feature, and it's in the back of my mind...) -- we can dream can't we...(do I hear Paul Thomas LOL?) Paul