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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?


To: John Hunt who wrote (4683)7/12/1998 5:03:00 PM
From: Wayners  Read Replies (1) | Respond to of 12617
 
So If I'm already doing 4 tickets per day (2 round trips per day), that's 20 tickets a week and roughly 80 tickets a month--I get the data feed real time for free and pay roughly $20 per trade/ticket. Whereas with a discount broker I'm paying for data seperate at $750 per year plus roughly $13 per ticket/trade. Lets run the math. With MB Trading I'm paying about $19,200. With a discount broker I'm paying $13,230--plus the cost of poor executions, slippage, broker mistakes etc. Certainly the direct order entry and improved fills and fast executions more than pays for the difference. The difference is $6.22 per trade. Does anybody here use MB Trading that can comment on their system reliability, customer support, executions, etc?