Just a note. If you are going to do baskets on REDI+ you could use EXCEL, however that would be quite slow, compared to your competition in the...
Predictor, Just wondering why leave an institutional career for daytrading? I don't think anyone is suggesting that(at least...
cdgtrader, Prop trading at a L.L.C. with no experience is very hard, especially in this environment. If you have a degree, I would...
stock777, Like IB & Bright, we include INCA in our fees with no pass thru's added. I just gave the INCA pass thru's as an example.If you...
esc_trader, I think the problem with INCA is their high rates (to Introducing Brokers-IB's) compared to ISLD for example. INCA may...
Go to my Trader Tools www.stocktrade.net/Links/fr_tools_all.htm and click on Historical Stock Volatilities - Updated Monthly under Option &...
kevin hawkins, Instinet is lowering their rates because they are losing ECN market share to ISLD & REDI.Their fees are 3 times(or higher)...
cman15, From what I hear WorldCo will back selected traders. If you have a track record and confirms, I would bring your track record...
Jem made some great points. If Pro firms were not well run the past two years, they would not have survived. Actually more NASD firms have...
Just a note. On the LWS site under margin requirements, I made up some approx. guidelines for L.L.C professional margin , see...
Just a note on L.L.C. risk management . I know some traders think that firm capital equals stability , but capital alone does not tell the whole...
No trading L.L.C.'s that are set up as professional firms are SIPC insured . The firms risk management,capital and experience are the insurance....
Cdntrader, I was reffering to the direct access brokerage industry in particular. A.B. Watley took over On-Site, Pro-trader was acquired...
Just a note. Read the thread on Hedge funds and multiply by a factor of 10. Unless your name is Jeff Vinik,Peter Kellogg or maybe Don or Bob...
DATTrader, The industry is in transition and it will be interesting to see how things develop. I am close(in the same building) with one...
Don, I know you,Robert & myself all feel the same way about P & L. Let the traders make P & L and the commissions will take care of...
cashonly, My point is exactly what you are saying. Many traders think that big size means big P &L and that is not always the case. It is...
Robert, One important question. Does the guy make money? We had a couple of big guns im the past that imploded. Many times big size does...
Cdntrader, Why do you care about tradestations stock price? Their retail broker is SIPC insured and if you like their software, it might...
Doreen, It's good to see some new faces. IB was engineering a hostile takeover of Elite Trader and it's good to see some new faces ....
Separate names with a comma.