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


To: Nazbuster who wrote (5451)10/12/1998 1:22:00 AM
From: Gary Korn  Respond to of 12617
 
Daniel,

Terrific post on ISP connections. I should have consulted with you before hooking up my T1. I hope I did some things right:

First, I ensured we were with a Tier 1 provider, so after the hop through Goodnet, we are out on the public data network. Second, and also with that provider, I made sure that we got a CIR (committed information rate) of the full amount we pay for. As I've not yet hooked up with MBT, or CyberT, etc (still using Fido), I didn't check into VPN or into the backbone carrier of choice.

I'm anxious to hear your experiences with whatever broker you finally select.

Best,
Gary Korn



To: Nazbuster who wrote (5451)10/13/1998 11:56:00 PM
From: Shafik Habal  Read Replies (1) | Respond to of 12617
 
Daniel,
Re: backbone providers, I'm not 100% sure, but as of a few wks ago, Watley had been using two separate firms (to ensure reliability incase one went down). I believe they have AT&T and Sprint supplying the T1s. Another key thing to look at when selecting any online broker is if they're splitting the bandwidth among several servers or supplying each with its own pipeline.

I believe this is the key reason places like Ameritrade, Schwab and similar outfits bog down when the markets get hectic. I don't know about all the firms out there, but I do know that I am able to stay online and get the same lightning fast executions regardless of how heavy the trading volume is or how hectic the trading day is. I commend places like Watley for having the forsight to separate the servers (each separately for price, charts, options, news, etc) and supplying each server with its own pipeline. Sounds simple but few out there do it.