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


To: tom pope who wrote (6)11/26/1998 8:00:00 PM
From: scanshift  Respond to of 42
 
What suggestion? It has been brought to my attention that some branch offices are looking to leave Terra Nova. These branches are not broker dealers, so they need to use Terra Nova's broker dealer. Thus there is competition between the branches and the home Terra Nova office for customers. Out of respect for the confidentiality of this information, I will make a note to bring it to your attention when it happens.

I have been working hard since last weekend on a new technical analysis program with the S&P 500 futures, and it is boring work. Going back and forth to SI has been an interesting break from crunching numbers.

I have only had a "ton" of very positive responses to the posts that I have put up, both on the thread itself and of private ones. Yes, I have consistently had disgusting personal shots taken at me from Mack, a guy who works at X. Perhaps you should look at the MBT thread and you will learn something. A main item I learned, is that a number of customers of MB Trading and other branch offices of Terra Nova have gone to JPR where they still have Real Tick, clear Southwest, but get a rate that is half what they would pay at Terra Nova or a branch office. They also do not have to worry about the proprietary trading been done at Terra Nova. Why don't you do yourself a favor, click on my name, and read my posts starting from last weekend. Maybe you will learn something. I have learned a tremendous amount I did not know in the last few days, thanks to my new friends. If they change their minds and come forward and don't want my posts anymore, than that is a different story. However, well over 90% of responses to me have been positive and grateful.

here are some clips from some private posts about JPR

JPR Capital

jprcapital.com

Trades are a fixed price, regardless of #/month:

SOES $10.50/trade
island $11/trade
general ecn $12.50
no arca is available.

They use RT III (data feed + level II $250/month)
and SouthWest securities.

Note- I have learned that arca will soon be available at JPR

NEXT--------

I'm going to give them a try.

Alot of MBT have moved over and consider everything
there superiour to MBT.

This has made MBT very mad! JPR has cost them lots in lost customers.