finally you got it, "they" DEVELOP them. But then you got it completely wrong regarding cost consciousness. I can tell you firsthand that even Managing Directors at Goldman at times have to wait for weeks to get a Bloomberg terminal. It is because the company decided to only maintain x number of licenses. If they are all being currently used then the company will not even get a new one for a newly hired MD but the MD has to get into the queue as everyone else. Trust me please when I tell you that you are mistaken that professional shops do not pay attention to save 500 or 1500 dollars. If they do a retail trader should be all the more cost conscious. So, cost is one of the biggest considerations when deciding whether and which software platform to go with. And you conveniently evaded to answer whether any of the platforms, mentioned, are worth 500 or more dollars per month (and I dont care whether that is the sticker price or embedded in a per contract, executed, charge). Or are you possibly benefiting from not being critical in an honest sense with the mentioned software vendors?
Yes it's only $50pm if you dont make any trades. For very low volume traders its a good deal. With a lot more free and cheaper alternatives coming to market the main players have had to adapt.
@Zzzz1 Yes. Capped at $1,000 per month or go with an annual subscription for $700 per month. https://www.tradingtechnologies.com/platforms/pricing/ttcontractpricing/
So, you've resurrected a post of mine made in 2002 just to keep this self-aggrandizing thread of yours going ? Yes, 14 years ago I thought the TT AutoSpreader was lacking in some areas. Since then, they have made a myriad of product improvements with the AS, especially as it relates to exchange ECN messaging and fill alternatives. But you don't require an AutoSpreader because of your claimed purpose of using exchange spreads - which makes your critique even more irrelevant. Any reasonable person familiar with TT would agree that the product has changed a great deal over fourteen years time. Good luck and please leave me out of your idiocy.
the thread is kept going to benefit all members who wish to find lower cost trading platforms. Self-aggrandizing lol come on I have no agenda here apart from sharing cost information with other members, can the same be said about your agenda? Nobody said platforms have not evolved and changed. I just found it amusing that you at one time were labelling TT as overpriced and went as far as recommending cheaper alternatives only at a later date to bully and castigate someone for doing the same. If you are going to act as resident big shot then at least be consistent. I would remind you that you were the one who came to my thread and deficated on it with wanton abondon in an Ali like 'I am the greatest' chest beating fest.
Let me correct @patrickrooney if I may. The price of TT Standard = $0.3 per contract, per side, with a $50 per month minimum. It is not:
Here's what IB has to say about the screwed up margining of the further out M and Z WTI and Brent spreads (cc @cdcaveman): So don't even consider IB if you want to trade 2 years out.