It would not change anything. He ask me to explain what I said. Your example does not include ECN fees.
There is no ECN, if traded in the dark pool and not routed to an ECN. That's one reason why traders use it.
I'll try to make up an example. Knight has an equity trading desk. They make money from trading stocks. They want equity flow to be directed to...
NO. On the equity side the transactions routed to a dark pool or equity market maker are printed by a Nasdaq member, so there is no ECN and no...
Payment for Order Flow - Options: IB receives order flow payments in varying amounts from U.S. option exchanges, specialists and/or market makers...
https://www.interactivebrokers.com/Universal/servlet/Registration_v2.formSampleView?ad=order_routing_disclosure.html Payment for Order Flow -...
Yes they do. In options, they are directed MM on the AMEX. That entitles them to a minimum 40% of the order if they like. Timber Hill pays .25 for...
Cost plus does not include ECN fees. If you add liquidity, you will make more money. If you take liquidity, you will pay more. Adding liquidity...
Apex clearing uses JP Morgan as their banker, but the money is not segregated. Margin accounts are not segregated. The current situation with Apex...
You have to understand their cost structure for an online trading firm. They keep their overhead very low and automate as much as possible. Also,...
You're correct. If you buy 1 share, they charge you $1.00. If you buy 100 shares, they still charge you $1.00. 1000 shares will cost you $5.00....
Now this is a DB9: http://www.topgear.com/uk/car-news/new-aston-martin-db9-2010-06-29
What does DB9 stand for?
If your really looking to start a traditional prop firm where you hire traders with no deposit, provide training and support and allocate capital...
I'm sure what you mean by singles? You mean your only trading on the COB?
One big difference in running an electronic strategy with either a high touch order an automated system , and being a member of the exchange which...
Sounds more like scalping than market making. How many strikes are you send out orders for? What platform are you using?
EG. CTA charges 2/20. on $1M investment with $100K profits after 2% 2% yearly fee= $20K , $4k to the 3rd party marketer $100K profit * 20%=...
The investor pays the same fees. The RIA/CTA shares his fees with the third party marketer that helped bring in the money. This is VERY common.
Typical is 20% on your fee structure. Some times forever sometimes for a limited time. Remember, if these guys are good, they control the money...
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