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Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: Sapper who wrote (1983)	1/14/1999 1:15:00 AM
From: The Osprey	Read Replies (1) \| Respond to of 4467

Sapper, I think the problem with most on line trading houses is that they are, or were, all geared to handle the average modem speed of 28.8k and a few still have that type of system. Some are upgrading and some are not.Soooooooo......We can hit the site with our ADSL and Cable modems at breakneck speed and then we hit speed bumps and our data is slowed down.Once the sites or servers are brought up to speed there may be a difference. As an example,in my business.....The brokerage I sell funds through just came out with new remoteware software to download client data.This will eliminate refresh of data via diskette and can be done 24 hours a day......BUT.......I can not use ADSL so I have to set up my 28.8k modem for downloads off the site.The idea is great.....the hardware is antiquated. Technology is moving faster than most companies can adapt. FWIW Osprey

To: Sapper who wrote (1983)	1/14/1999 7:08:00 AM
From: Greg R	Read Replies (3) \| Respond to of 4467

Re Greenline - Yes, I have cable and the old phone modem. The speed of webbroker has actually increased over the last week. My old URL is automatically being forwarded to a new site. (scared me security wise at first) Distinct improvement. The problem with webbroker is the lack off seeing the bid ask high low volume of all the stocks you are following at what time. Micromax's option 1 is far, far better. IF I have the time, I have Micromax up and webbroker at the same time. It used to be you saved an extra 10% if you placed the actual order through webbroker. I do not know if this is still true. To increase the speed at Greenline, I will place all orders for the next week at prices that will not be filled anytime soon. This gives the backroom boys the opportunity to ensure I have the stock or money as the case may be and that the account in question supports options or whatever. Then when the time comes and I know what price I want, I just change the order and it goes to the floor instantly (no further checking is needed at Greenline's end).