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A huge amount of the live trading in futures goes through Rithmic, which is used by a ton of brokers, and does so to the satisfaction of the brokers' customers. Your experience with Rithmic pertains to a very small part of their business.
They appear to have a weakness in their system for handling these kinds of centralized sim trades, and they need to correct it. But the prop firms do not use Rithmic just so there will be many cases of technical outages, in order to force their customers to open new accounts and pay more.
You have had bad experiences with Rithmic in this particular situation, and you have reason to be angry with them. But this is not a plot to cost you money by deliberately having the service go down. It's a technical issue that needs to be corrected.
Rithmic and the firms do have responsibility, and need to address it, but they aren't doing it just to get you. Rithmic has acknowledged the issue and, as a business matter, it's important for them to correct it. Not correcting it would cost them money, not the reverse.
If it's not corrected, or if you're not satisfied, stop using the prop firms. Simple enough.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
I'm not affected by it since my trades are very short lived. And it's not a plot to cost us money, but when they choose to shrug their shoulders when something like this keeps happening and then blatantly saying we will not reset peoples accounts.....don't know, makes you wonder why, because that right there would make them lose customers. Do you think they care? No, because so many people are coming in that don't know to look out for this. This isn't a conspiracy. Just saying it seems like an obvious business decision.
>>Does Darrell Martin have a live trading account? We know he doesn’t. That is why he cannot produce a redacted trading statement even for the past 1 month.<<
Don't know the guy. Don't know anything about Apex. The views expressed in the above link are not mine and certainly are not those of futures.io.
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