SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: manohar kanuri who wrote (22060)4/30/1999 2:42:00 PM
From: CountofMoneyCristo  Read Replies (1) | Respond to of 44573
 
Hello all. I am new to this thread and have just recently started trading futures. I would like to know what the consensus opinion is on which brokers give the best order executions. My first order was a sell stop for 40 June 10-year T-Notes at 114-27 today, and I was filled at 114-25, which strikes me as a terrible fill. This was with Lind-Waldock. I have several years' trading experience in the stock market, and have been using both Cyber and MBT, so I know the value of good fills! Commissions are a far second. For instance, for all I know, some trader at Lind front-ran me and pocketed the two ticks worth $2500. I'm not by any means saying that happened, but it took well over an hour for me to get word of my fill, and that seems far too long. Anyway, that way the commissions run up very quickly :-(. Anyone who trades futures regularly please pass along any information you deem relevant. My concern is this: I intend to trade upwards of 100 contracts in the near future, and truly wonder what kinds of executions I can expect then with this poor fill as an indicator. The average daily volume of 10-year T-note futures (TY) is in the neighborhood of 200,000, so 40, or 100, or even 1,000 contracts should not be a problem. Thank-you all for you insight.