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

To: bede who wrote (1579)	10/26/1998 11:31:00 PM
From: William W. Dwyer, Jr.	Read Replies (3) \| Respond to of 7382

bede, since you have admittedly never used any of the three systems you write about, you should probably do them all justice and let someone with actual experience make the comparison. You are obviously just learning about these trade execution platforms, and the numerous inaccuracies in your post reflect to that. You say that CyBerTrader has too many features. Unbelievable comment!! You probably have never seen it in use and haven't a clue as to what features it has and how they work. But to say there are too many features is ridiculous. Most of the features, as you call them, are actually advances that were requested by clients. These are the reasons good traders use CyBerTrader. Do you mean that if CyBerTrader had less features you would like it more? I never thought I would hear a trader say he wanted "less" features. You say you would only feel comfortable using CyBerTrader in an office with techies on call. Well, sorry to tell you, that's not necessary. I and many others trade remotely with it and quite nicely, I might add. The system is almost never down and I see reports nearly everyday that the others you mention are down. It is just not fair of you to suggest no one but a techie can handle CyBerTrader, especially if you've never tried. I suspect you probably took at look at it on the website and were personally intimidated by it, didn't understand it, afraid to call the company and ask for information, afraid you can't run it yourself. How do you think the rest of us manage with it? How can you imply it takes too much bandwidth? What do you even know about the bandwidth requirements of any of these systems? Nothing, I suspect. You say that M.B. Trading appears to have the largest customer base. If true, that might be a negative, meaning more potential technical difficulties and less personal attention. But I doubt that you have any idea how many clients each of these companies really have and, therefore, you aren't qualified to say which has the most. I sure don't know, and I don't care, either. You say M.B.T. "... certainly it has the largest group of user-supporters on the net." How can you say that? Based on what evidence can you make such a claim? You go on to say "Their diversity of fill choices: ARCA, SOES, ISLD, Selectnet and ISI seems to be as wide or likely wider than one or both of the others. I can't be sure." You are clearly wrong, but if you can't be sure, why say anything at all? Your false statements mis-lead others who assume you're telling the truth. Your saying "The demands of the MBT feed are, in my impression, less demanding than CT. And their LVII screen, showing bids and offers above the inside market is helpful" is ridiculous. What do you know about the feed demands of any of these? And, don't you know, all quote providers with Level II show the same thing. Your remark makes no sense whatsoever. I could go on to detail lots of features of all the systems that you obviously know little or nothing about, but I don't feel like wasting a lot of space on this tonight. You need to do your homework, though, before coming on here and pretending you know what you're talking about. Clearly you do not. Unlike you, however, I have used all three brokers you are trying to evaluate and compare and that's how I can tell you know little or nothing about what you're trying to do. The last comment I'll make, though, is that all three of these brokers can get the job done for a reasonably good trader. Most everyone here already has there mind made up which they prefer. Everyone has their own reasons for making the choice they made, and most would change in a heartbeat if they felt there was a valid reason to do so. I suggest you go ahead and make the choice you obviously want to make, and leave the objective comparisons to those better qualified than you to do so. You are only confusing the traders who don't know a lot and rely on your opinions. Not good when you don't know what you're talking about. If you want to go into all the facts and details, we can do that someday. But I think enough has probably been said already on this topic and there are better things to discuss on this and the other threads.

To: bede who wrote (1579)	10/26/1998 11:38:00 PM
From: Gary Korn	Respond to of 7382

More to the point is whether this casual set of observations might lead to a fair and complete evaluation and comparison of the three. Bede, It strikes me that your observations are hardly casual and definitely helpful and perceptive. Thank you for taking the trouble to put your thoughts together so well! Best regards, Gary Korn P.S. The comments by William, in response to yours, are well-taken as well. I think there is no "best" choice here. But that is what makes a horse race, right?