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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Jimsy who wrote (23446)	5/18/1999 2:30:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

Yes, I follow you on all that but I think you miss my point. You have available functioning software which you recognize may have the potential to suffer an unexpected outage. Such software is not available to me, a later release which is inoperable is all that I can download. So, I have capital tied up and cannot use it. In other words, you can trade but I cannot. As far as your concern about data streams I would have to say that I am less worried. Easy to say, as I have three separate feeds. However the technology for improving data flow has been most impressive since I started. BMI used to be far more reliable than the others now I get ticks on PC Quote faster than BMI and sometimes BMI misses a tick. PC Quote explained the difference in approach to me once because I mentioned it. It is a question of how they handle the packets now vs BMI data handling but I forget the exact wording. But here, when you say the following ... <you would have no chance of proving that they had buffered your signal before you entered the trade.> Now you are not speaking of feeds any longer, you are speaking instead of transmitting an order. If they are buffering your trade you will know pretty quick as what you have to do is reco T&S. If Time and Sales don't line up correctly they should have a satisfactory explanation. My guess is that it will not come to that. At Man, if I was doing a certain volume, they would have given me a terminal. So I am more prone to think that as the years go on it will be even more transparent with respect to speed. One example is SatFeed vs. Cable. When I had BMI on a SatFeed it paled in comparison to BMI on Cable. I ran them next to each other for three months just to check. A few years ago when I picked up my ISP cable modem many computer buffs were saying that in less than a year the speed would slow as more and more used them. I'm still awaiting that, and now Mike Rich is speaking of a wireless modem so perhaps even the cable modem has been leapfrogged. But if anything, I think speed shall increase and not degrade regardless of whether the cable modem is the be-all and end-all or not.