At least that's better than ISLD, they were going to charge their regular fee + Nasdaq's for routing to Supermontage via ISLD (.0019 + .002 =...
Typically, your reports at a prop firm will show your commission fees. The "clearing fees" are part of the overall commission you are paying....
I think this makes (YIKES!) Nasdaq Supermontage the cheapest market when taking liquidity. .002 (Nasdaq) vs .003 (INCA/ISLD and ARCA)
TMBR doesn't need to make money on the trade either, they just need to LOSE LESS than the commission cost, which they get to pocket. Honestly,...
Looks like the merged ECN will use INCAs rate schedule.. http://www.island.com/prodserv/bd/fee/fee.asp
Any IB programmers, Is it possible to get the BBO for each individual ECN thru the ActiveX api? I want my program to track the prices on each...
For all you "at home" traders listening to the TV during the trading day. What are your preferences? I like Kids in the Hall, and news...
Bigscalper, Still waiting for that list of $1/ticket brokers in the US...
Spend a day (or a few days if you can) in the offices. Don't ask them how much money they are making. They'll just mislead you. If...
GHansen, I think Quest's rates are so much lower than props I've seen (with 100% payout) that the 7% tax is worth it. If I trade 100,000...
bigscalper, Name one JUST ONE prop firm in the US that charges $1 per ticket and gives 100% payout. You cannot, and neither can anyone else...
Its certainly no secret, those people who shamelessly hawk their brokers, prop firms, and trading services, who financially benefit from getting...
There are NO brokers or prop firms in the US charging $1 ticket, 100% payouts. Not anywhere even close to that. I offer the disclaimer that I...
Not just for liquidity trading.. If your style is trading one or a few Nas stocks- Trading 100,000 shares of a single stock during the day....
That "someone" is the vig collector. Most of the masses money does not flow to the successful traders, it goes to their brokers/prop firm shops...
Any word on what the new fees will be?
You prop firm owners/managers in this forum under your own name (or aliases) are making me sick. By the way, implying that a sub-LLC (or any...
Isn't this the flip side of this coin - a firm does whatever they want to a LLC member/trader (including illegally or in breach of contract), and...
I have used Sterling for weeks at a time, on a 56k connection. Only half a dozen windows open. Again, I did have a few problems (resolved when...
I have seen this lately - usually INCA though matching your bid or offer or beating you by .01. I even have a computer program that will do this...
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