To: Jim Spitz who wrote (9458 ) 2/6/1999 11:00:00 AM From: RockyBalboa Read Replies (1) | Respond to
JS, as stated, it's not because of AB Watley. I read through different comments on brokerages and see that Watley received good marks... sonic.net Comments (mainly on the Ultimate Trader daytrading system): "I just think they're way ahead of the pack on Internet trading.(10/14)" "If you're looking for good/fast execution, A.B. Watley fits the bill.(10/14)" "Today, 2 orders to sell at the market remained un-executed for at least 15 minutes.(10/16)" "Easy to get into and get orders executed.(10/28)" "Other than their PC Quote feed, AB Watley passed the Tuesday test with flying colors.(11/4)" "Their web trade interface is really rough, but it seems to have all the needed options. . .Also it does not appear to be secure.(11/19)" "Watley is not as good [as Regal] at filling orders in-between the bids ask spread.(1/31)" "AB has been down several times this week. . .Overall, I have been quite happy.(2/13)" "Down again! Can't go a single day without some type of outage.(2/17)" "The last three days have been real good.(2/21)" "I am very impressed with the whole service so far.(2/23)" "The problems I've had with Watley have been with connectivity and record keeping. These problems are not relatively minor. I can't connect to their servers. When I can connect, my portfolio is reported improperly. When I can trade I get overcharged on commissions. When I ask about these problems [they] blame PC Quote or the Internet.(4/10)" "Ultimate Trader has been extremely reliable and running smoothly for months! Their customer service has steadily improved, and I would now rate it as excellent.(7/31)" "They have direct access to the Island book. . .it gives you a better idea of how deep the bid/ask orders really are. . .RealTick III software is very powerful and well-thought out.(8/7)" "If you are a serious options trader you want to trade with Watley. . .they offer direct access to RAES [where] you receive instant executions which is pretty amazing.(8/7)" "After terrible arguments on fills with Fidelity and Dreyfus, I decided to go with A.B. Watley.(10/20)"
