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Non-Tech : CYBERTRADER -- Ignore unavailable to you. Want to Upgrade?


To: Wesley Nichols who wrote (1111)8/14/1998 9:19:00 AM
From: Philip R Berber  Read Replies (2) | Respond to of 3216
 
Wesley: what are the exchange fees that the Executioner adds to the data fees - it is important to know so that the total data costs are understood by all

Another consideration when looking at data fees is to look at the costs and benefits of the system being used. If a system is able to add just say 1/8th more at any stage during any one month in terms of trading gain or loss avoided, and if the average number of shares is say only 500 shares, then the incremental gain or loss avoided would be $62.50. I use this just as an example yet the point is that the 14 or so decision support systems that CyberTrader offers (and the Executioner does not, nor any Real Tick based system) - which generate intra day real time buy sell alerts DO generate hundreds of incremental trading opportunities each day. Plus the risk management tools that CyBerTrader offers warns people when stops loss levels are reached plus CyBerTrader provides a unique position manager to monitior and provide alerts on positions held (based on market maker movements)

So when considering the cost of the data passed on by any execution system vendor, do also consider the incremental trading signals being generated plus the risk management alerts so that the true costs and benefits of each system are taken into account - as well as the exchange fees since they can I believe ammount to $50 or more.

To understand more about this learn more about the decision support tolls and risk management systems that CyBerTrader offers (and Executioner/Real Tick does not) at cyber-brokerage.com

PRB