|

|
| Q: |
If my company decides to use DAS
Trader, will we need to get our own market data provider, as
well as connections to the exchanges and ECNs, to execute
trades? |
| A: |
If your company decides to
license the DAS Trader software, then it will have a choice to
use our servers and data/execution connections. However, it is
also possible to enter a service bureau arrangement else where.
In which case, DAS will provide you with market data and
execution services and will house your servers in our datacom
processing facility also. |
|
| Q: |
My company has decided to use
the DAS Trader package. On average, how much time is required to
set up a working system? |
| A: |
If you are migrating from
another Level II trading platform and already have the required
data connections, a full system installation could take up to
two weeks. If you startup your own service bureau company, it
could take up to two months to have all the required data
connections installed in your office. If you wish to enter a
service bureau arrangement, we can usually have your system
running in a week's time. |
|
| Q: |
What do you mean by required
data connections? |
| A: |
By required data connections, we
are referring to any combination of connections that provides
market data and execution capabilities. This could mean a 3rd
party data provider like ComStock or direct data lines from the
NASDAQ and NYSE. On the execution side you only need one route.
An ECN connection like Inet or Archipelago will be sufficient,
but multiple execution routes are preferred. For service bureau
arrangements, DAS's data connections are utilized so the
customer need not provide anything. |
Customer support is available from 08:00
AM to 8:00 PM EST, Monday to Friday via telephone. For 24 hours
support, you
may send an email to: support@directaccesssoftware.com
|