WHile you may be right about the rule, I don't mind paying SOME commissions because of the economy of scale I get from being in a group like...
Everyone makes mistakes is the point. Not that we should wink at regulation. Is this the only fine they had or part of a pattern? This fine in...
Hitman, Thanks for the answers to my questions. Sounds good. What is the interest rate I get on my money at Worldco? Your response to the...
Hitman, One quick question. Sorry if this is a repeat. I read your post about being able to put up money if you have experience. I totally...
I do not know the term Independent trading house (although it sounds good) but Bright, Generic and ETG have or had operations in London. E-mail...
Don, are you implying that because Goldman does it, it has to be the best? I use redi, but I do not delude myself into thinking it is the best...
Don, If I am a proprietary trader but not a member of an LLC but a "consultant" and I lose money (mine) what does the entity give me? Can you...
Sorry about the title but... I agree, a major point is: Does the owner of the firm have significant capital up to prevent a catastrophe....
Ok, I'll bite, what's the plan? Bright Trading is going to register with the British equivalent of the SEC and open an office or is it for home...
Generic Trading and ETG have or had offices in London. Look them up. They were both in Spear Leeds' offices. I am not sure if they are still...
If you are looking for a reputable firm that is willing to let you trade options as well as stocks I would contact Lieber & Weisman (Gene Weisman...
Thanks for the info regarding Horizon. I guess Andover is willing to open more than one office in a city under multiple names. Happy New...
You are welcome for the kind words. You said "proprietary risk is there" -- where? You make a good point about the owner's money being up....
I am confused. Regardless of the form you are registered as such as with the phlx who has the loosest requirements for licensing, if a trader...
A previous post asked about REDI and the Watcher. SLK/Goldman has a product called REDIExpress that is based on the Watcher type platform. All...
I heard of a firm called spectrum trading in SF that is a licensee of Andover. They have some good experienced traders, mostly from ETG and...
Sorry to interupt the Bright commercial. Thank you for your informative reply. I'll certainly keep an open mind.
IMO, ssf's are a big mistake. They will lead to manipulation of stocks, cause unnecessary volatility in stocks without the uptick rule, will give...
Where can I contact Gloria? If she is that smart about punctuation, maybe she can trade too? Is this the same Gloria from the song?
I heard they let a bunch of people go last week (100?), but they still want customers within the proprietary firm where you put up money get 97%...
Separate names with a comma.