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Non-Tech : Trading with Castle Online -- Ignore unavailable to you. Want to Upgrade?

To: Marc D. who wrote (98)	5/2/1998 12:09:00 PM
From: Street Walker	Read Replies (1) \| Respond to of 186

Marc and Len New York vs Nasdaq regulation: Castle's clearing firm operates under Nasdaq regulation. When you sell a stock, the money and its profits are readily available. In this way your account is updated automatically. However, You have to instantly do the calculations yourself to see how much buying power you have after the transaction. In this way I wish the software did the calculation instantly for you. Shamrock's clearing firm operates under New York regulation. If you hold a stock over night and sell the position the next day, that buying power is not available. Shamrock needs to change clearing firms, imo. Java Software is available for those who want it. I'm so use to the regular Kill Key that I haven't bothered to use the Java. I've heard the Java version takes awhile to get use to. So much development has gone into the current Kill Key, that I don't want to go through the pains of all the upgrades of the Java version. I may try it out after its been through a few upgrades. As for other firms, like MB Trading, they offer a good package with many more bells and whistles. MB Trading, in California, is just one of many branch offices of Terra Nova. If interested in using Real Tic III, I would contact Terra Nova and find the branch office closest to your residence. 207.152.106.67 There is becoming more competition among SOES offices. Watch the prices of Level II and commisions drop. One of my relatives uses "point and click" software with Level II. His commisions are FREE with no required number of trades/month. Level II is $80/month. I will not tell which service this is cause I may be going with it myself and don't want all the datek crowd occupying the servers. S.W.