Come on, .0002 is the Canadian firms standard and has been for a few years now. And volume is usually not even an issue.
What's your monthly volume ?
To answer OP, I've been sitting and staring during lunch for 5 years now, and it gets very tiring. My style can't have it another way, but if...
I was comparing a 100% payout / 2.00 or 3.00 per 1000 model to a 80% payout / 0.20 per 1000 model. Not Bright in particular. The trader has a...
Wouldn't most high volume guys (2M shares and up monthly) be much better off with an 80/20 split and 0.20/1000 commish anyway ? Comparing...
Jesus. Shop around ASAP. I'm with NY0B on this one. Negotiate with your firm or get a 0.20/1000 shares quote and get your dues.
Wow, looks like they're just trying to leech off of another firm's reputation with that name... jeez
Neutral here. But : Just wanted to specify that it has nothing to do with grandfathered rates. 90% of Canadian props can do 0.20/1000 shares....
Plenty Canadian firms. Title Global Golden World Trade etc
For common stocks, it's fairly easy to get yourself setup. For preferred stocks, I have no idea.
Are you looking for a 100%-payout higher-commish type of deal ? Or dirt-cheap commish and sub-100% payout ?
I'm a baseball fan but I've never heard of the Mets.
Indeed, that is valuable information.
There are some good Canadian firms out there who offer remote. Don't want to toot their horns too much, so you can PM me if you want.
Average would be 60-80%. Sterling around 200.
So when are you going to ask firms to pay you 1.00/1000 shares ?
These firms are out there. But people insist on being overly pessimistic and alarmist. Welcome to ET.
#1 Extreme LOL at people thinking 50k is poverty. You don't know poverty. #2 If you know how to trade, you need 3k-10k at a prop and voila....
Both deals seem alright. At this point, it really depends on your trading style, which will determine which payout/commish combo is better....
Very humble opinion, you're worrying too much about the speculations of regulations. I don't think JC's closing any time soon, or most other...
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