having worked on M&A systems integrations, and on TDA defense, it is the hardest thing to merge two completely separate and disparate systems and the way they did it was the harder one... they must have had no other option...
now, what I would score against them is the fact that they did it on a 2 day weekend.. changes like that are done away from software updates and on long weekends... instead of using August they should have targetted Labor Day weekend and start the migration at 4:30PM EST on Friday through 6:30AM on Tuesday.. their planning lacked, and I am sure the executive in charge of the integration will get a black eye from this one.. (but no impact to his/her bonus if the number of complains was less than a 1-2% of total accounts.. )
Last edited by sysot1t; August 15th, 2011 at 05:12 PM.
Before the last week or so I would have said that 5-15 seconds I have never hit. I have had it happen 2 or 3 times in the last couple of weeks where a buy market of 10 contracts of ES has taken that long. On top of that, I've had their platform not actual execute a stop in the program when it hit, but it actually did. Had to manually stop/start the program and then it showed it had executed. . . Also had the tick on the ladder floating wildly behind the actual ladder several times this week as well. ..
Yes, same here. The worst I've ever seen it. I haven't bothered with futures or forex on TOS for while. I wonder if it was bad luck they decided to go ahead and do the final merge just after the last two weeks of the current market turmoil. Still having problems now. Have to restart the platform sometimes.
I'm finally up and going with Mirus. Yes, I heard recent horror stories about Mirus /w Zenfire(with Zenfire maybe only being a marketed brand name for Rithmic) in the other threads such as "Mirus vs. Velocity" etc. , but I hope that Mirus being the IB for Rosenthal Collins Group means some more authenticity. Like I heard anything's better than Interactive Broker's feed which could apply to anything's better than TOS futures feed as well.
There has to be a problem here. The original problem went away, after a number of updates. But I noticed another problem after an update. I want to call it TOS Scalping my order. It does not make sense that an order is up $20, I place a flatten order, as soon as I flatten I lose $15. People can say the market moves that quick, I'm just going to say TOS wants to screw me over.
I've been trading spot forex pairs with TOS for 2.5 years, and I feel the execution is slower than before.
Until last year, any order will be filled within 2 seconds or so, but since early this year, some orders takes up to 5 seconds or even longer to get filled. The quotes are also a little slow for day trading.