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Non-Tech : Online Broker Down - Sue 'em - EGRP, JBOH, AMTD, SCH, NDB -- Ignore unavailable to you. Want to Upgrade?


To: redbird who wrote (140)2/10/1999 12:47:00 PM
From: bh  Respond to of 253
 
Actually, I don't have a position in EGRP.

They don't fit my criteria for investment, ie they don't make any money! :)

They do have an interesting problem tho; too many customers. How many companies wouldn't kill for trouble like that.



To: redbird who wrote (140)2/10/1999 6:09:00 PM
From: Shoot1st  Respond to of 253
 
+Dan Swartzendruber (271 )
From: +shoot1st
Wednesday, Feb 10 1999
5:58PM ET
Reply # of 284

Dan, I'm posting this question to you because I think you may have
had the experiences to be able to answer. However, any person
that can help will be forever in my debt or at least they will make
me happy and get nothing in return.

THIS IS SERIOUS:

As a few of you know I had 4 months of trading with The
Executioner using RT3. During that time I made about 400 or 500
trades. I stopped using X at the end of December and just today
activated an account with RTTrader.com. I expected to use
CYBER with RTT since I was fed up with X and TAL and SWS.
When I was told that I had to use RT3 for a while due to "Bug" in
CYBERS new servers, I was not happy, but had to get back to
trading.

Today, when I set up my screen, and put FORE into the
MarketMaker window, I got the surprise of my trading life. Nearly
3/4 of the MM's trading FORE, were names I had never seen
before on a RT3 screen. With the X RT3 software setup, I saw less
than a dozen MM's constantly in opperation. All the big(er) names.
Today I counted 28 MM names on stocks that I have repeatedly
traded, that I have never seen before.

What the Hell is going on here? Did X filter out 1/2 of my
competition from my view? Is this why when sitting on the "inside"
using ARCA, often thousands of shares went by without me getting
hit? Did X REALLY give me the entire L2 picture? Are any of you
using X and not seeing 2 dozen MM per active stock?

YOu guessed it.....I'm pissed again. Excuse me for having to post
this on other threads, but I have to see what people think.

Shoot

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