MaxGain, In some ways I agree with you, but the NYSE is still the premier market to be lsited on worldwide . Hedge Funds and large orders...
We did have an auto-ex with MASH and a connection to NITE's internal crossing network. Those days are long over, like $500 dollar a month...
Just a note. I really find that hard to believe from a trader unless you are working at a hedge fund or large trading firm with loads of capital....
Just a note. If you trade with the NYSE specialist , you will get price improvement, some of the time. For small orders(1099 or less) , you should...
Just a note. Stop orders are accepted by the NYSE & AMEX specialists . NASDAQ Market Makers does not accept stop orders. If you use stop orders...
We tailor commissions based on style of trading, soft dollar programs, DVP etc. Our basic rates are .01 per share stock , Mini's $7.00(round...
To arb against well capitalized firms that have traders in every pit and are self clearing or have minimal costs is almost impossible. Remember,...
jaming5002 has it right . It's usually very hard to arb any product as a customer. Any arbitrage is usually done by sophistcated firms that have...
Just a note. Why does a security that is short exempt have to be marked sold short? This does not make any sense to me. All ETF's are short...
If your a pattern day trader(NASD) , since you need $25,000 to trade stocks, $50,000 is realy not that much. We are trying to cater to...
We are in the process of closing LWS. As the markets have changed , we have gotten many more requests from NASD customers(institutions, hedge...
Just a note. ETF's are exempt from + tick rules and do not have to be marked short. ETF's such as SPY's can be created in any amount by depositing...
Since 1997, Lieber & Weissman Sec., LLC provided services for professional traders & groups. As the markets changed, the partners of LWS formed a...
If a stop is held at the AMEX for QQQ and it gets triggered by the last (is it the last on any exchange?) and an ECN such as ISLD has a better bid...
fattyasids, The route we use depends on the order size, liquidity of stocks we are trading and market conditions. We trade alot of oil...
fattyasids , If you go away from the "primary" market, you are giving up price improvement all of the time. I doubt you would get better...
In my experience, in all but a limited set of circumstances*, you will get an inferior fill when going to an ECN instead of NYSE during market...
DEF-Just a note. Last time I checked the NYSE & AMEX were accepting BUY & SEll Stop orders on ETF's QQQ, SPY , DIA etc. If IB's system routes to...
The route you select depends on market conditions & the type of order you have. For an immediate fill on 1000 shares or less (limit order) , if...
I retired at 40, I have no intentions of filing BK-7 Could you answer just in general why the SRO's do not want people with BK on their...
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