John: I trade over 100K contracts per month and all of my orders are entered manually. I can tell you that what happened to you happens to me...
You have gotten most of the info here already but I will add the following: IBKR will send you an email to warn you - hopefully prior to you...
yes. certain data has been very poor (symbols >"S") via the complex order market for a couple months. Really bad today! Probably related to...
lol to clarify. We are Canadian and she has her own money to travel. I just don't want her to get ripped off by the CDN banks when converting...
I have a daughter who is going to Europe with her friends. They will need about 20K in Euros on their trip. I don't have a Euro bank account...
Who do you think has been buying the long bonds for the last 12 years?
very interesting to hear opinions. Thanks for posting this... SS mentions PIP on Box at the 25:30 mark. IMO, one of the worst things that has...
yes - OCC One could breakdown the stats per security with the right data vendor.
It depends on the security but as you can see from the data below - the volume is distributed relatively evenly overall. Keep in mind that some...
if you send 390 orders per day over the course of one month - then you will be designated as a PRO. Sending 16 x the amount of orders will get...
And I don't think there is an algo that sends a 16 lot customer order (one contract to each exchange). Doing this yourself can be very costly...
tony: Robert nails it. Read his post. The market structure is designed to screw the retail customer. Maker/taker fees and other rules are...
These market share numbers really don't mean anything. For example with respect to the PHLX, most of their volume is BS dividend floor trading....
It isn't your brokers fault. This is the result of the fragmentation in todays marketplace and the rules that favor market makers/hft's etc....
fyi: There is NO current rule on any Equity Exchange that treats retail order flow as "professional". However there is one in the pipeline at...
You think your fills are bad now. Just wait till the Equity Exchanges start counting your orders and then treat you as a Professional customer...
thanks for the article. Unfortunately it is misleading. If you read the rule proposed, the IEX actually wants brokers to start counting equity...
just to clarify: 500 Mbps - for all the option data 150 Mbps - for just the NBBO would likely be good 99% of the time
NxCore (which I have used for years) is a great product because they compress the data. However, you need more bandwidth if you want all the...
Rules like this one and the "390 rule" were introduced years ago when customer priority actually was worth something. The idea was they didn't...
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