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In summary, I don't see any reason to not consider doing business with OEC and/or Rick Tomsic. As far as the NFA files are concerned, they look perfectly clean to me. I don't think you can say that a firm that Rick was once an AP at that had issues SEVEN YEARS later is a problem.
Maybe there's more that meets the eye and Cooter will share some items that I am not aware of.
If nothing else, this stressed the importance of doing your own due diligence, going directly to the source with questions and using a message board as a guide for some ideas.
Now, a clean bill of health will not be enough if the platform is slow in real-time or any other issues that Cooter mentioned. I do not need their software for charting, so that's not a concern for me. But if this platform is too slow in real-time, I will be the first to post here to let you know. I will not compromise on speed and I am being told by OEC that their platform is fast. I don't know what 'fast' means but I will be comparing it to my T4 platform that's for sure. |
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I believe I said Rick was NOT implicated in the matter with his former firm.
Thanks for posting the files in the forum for all to see and verify themselves.
Now, as for the bad ticks in the US/ZB, and the "stop spikes" in the minis that I mentioned, do you or Rick have any response?
Again, I'm glad you are doing your own due diligence to determine whether OEC is worth doing business with.
Do let us know what you find with regard to the other issues mentioned.