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


To: Sir Francis Drake who wrote (2356)4/14/1999 5:23:00 PM
From: Bob Rudd  Respond to of 3216
 
Sir Francis: Thank you for taking the time and going into so much depth on the comparison. I really appreciate the thoughtful, insightful answer. At this point, I'm going to go with Datek as you suggest since I'm primarily a position trader. If I become more active, I may then consider Cyber or other direct entry guy.
Volumes on Nasdaq have been real high lately...1.4 Billion shares today, and that's going to strain any system. Too bad Datek doesn't put a caution light on trading screen to alert traders when the system is clogged so guys don't get left hung out to dry without warning. A slow server kinda sends that signal, but a lot can cause that.

Thanks again for the insights,
bob



To: Sir Francis Drake who wrote (2356)4/14/1999 5:45:00 PM
From: Dan Clark  Read Replies (1) | Respond to of 3216
 
SFD, like you, I've been frustrated with Datek lately. This morning, a simple execution of MSFT took over two minutes even when my sell order was between the bid and ask. Very frustrating! One cancellation took almost 5 minutes. Totally unacceptable.

I've been looking carefully at CyberTrader/CyberX. Since I like QCharts and have developed my own analysis app (not for sale yet), I'm quite happy to stay with Quote.com. So...

- Have you tried the CyberSmart routing? It is supposed to be available with all versions of CyberCorp's products. Also, it is supposed to provide fast fills and good prices.

- I believe that I saw somewhere that you used QCharts. Yes? No? If so, how would you compare CyberTrader's analysis tools with QCharts?

- One option that I'm looking at is to stay with QCharts and move my account to CyberBroker. Then I'd use QCharts (and maybe CyberTRader) for analysis and use CyberTrader or CyberX for order entry. It is a more expensive route, but I'd be able to keep and maybe enhance my analytical tools and get (hopefully) better order entry. Any thoughts?

Thanks in advance for the feedback.

Regards,

Dan.