You are wrong. It makes a lot more sense to check your facts before you post. Especially if you are posting something that you know nothing about.
Again, you couldn't be more wrong and are really showing your ignorance. All BD's must register with the SEC. FINRA is an SRO (Self Regulatory...
You might want to check your facts dealmaker before you post nonsense because you are 100% wrong. WTS is an SEC registered BD.
WTS is a BD that has a branch system. You too can open a branch if you have a lot of traders, the proper licenses (I believe 7,24,56 at a...
100% unrelated. WTS as a whole is leaving current clearing firm to go to ETC. Not a big deal and trading going on as usual. Just a business...
Seems like it would be US...especially if you don't openly solicit the foreign traders. If you advertise in that country you might need to...
Wrong! If a firm internalizes orderflow it is a good thing for the traders if you know how to take advantage of it. Think about....you are...
That "branch" was a total joke. I think they were doing some shaddy things like putting US guys at offshore firms. I wouldn't be surprised if...
If you were smart you would realize that you could easily school that system and make it work to your advantage!
Most prop firms will let you take small overnights. The ones that let you take big overnights I would not trade with. Those firms are just...
Old news....8 months old.
No reputable firm does that. You can test if a firm does this by placing an order and seeing if it hits the tape. I recall reading that Oliver...
It's only free because they see your order flow to market makers and trade against you.
It is actually the opposite. Prop firms want their traders to succeed so they will trade longer. There are 2 types of prop firms: 1. Ones...
Very expensive for that type of data.
Never get tax advice from a forum. Only get it from a tax professional. If your tax professional isn't well versed in trading find a new one!
Overall, we are on the same page. If you want to trade you should be in a structure that is generally accepted by the SEC. However, the whole...
Hokies, It is not 100% illegal. Just grey. A firm has to register as a BD in the US if they solicit business in US, has an office in US, and...
Separate names with a comma.