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


To: TraderAlan who wrote (2065)11/21/1998 10:38:00 AM
From: Colin Cody  Read Replies (3) | Respond to of 7382
 
Finally, I'd personally like to hear more about principals allegedly trading against order flow <s>.

I haven't yet started trading with TerraNove/MBT but with the promised 6 second executions, there simply is NO TIME for anyone to trade against your order flow or front run the stocks you trade. IMO.

If what is meant is that they want the "other side" of my trade... who cares?

Colin



To: TraderAlan who wrote (2065)11/21/1998 10:55:00 AM
From: Dan Swartzendruber  Read Replies (1) | Respond to of 7382
 
<< SI members with an interest in Terra Nova should use the opportunity of an insider here on the boards to question his details and facts in order to make their own decisions. But I wouldn't just dismiss him as someone with a grudge. Your broker/dealer, whoever it may be, should be acting in your interest at all times. >>

Absolutely! I certainly am not dismissing him out of hand, but you do hear all kinds of BS, much if not most, of which is absolute and total crap (on the web, as I said). The issues he raised certainly warrant looking into. However, it does concern me that his bitch is not just against MBT, but TAL, who provide the data/tools for a number of these firms. If that's the case, what are my options?