New York needs Wall Street. Putting the guilty out of business may be just, but not realistic. Harvey Pitt and the SEC are looking like total...
brave, Make sure that someone turns off the lights when you leave the floor the last time. I guess an exotics clerk will do.
Def, My wording was clumsy. What I meant by that was ...the large option market making firms existing structure on the floors could not...
Dear Def, I agree with every point you made. I am unclear as to what you are saying I was wrong about. The mangers behind the major option...
Gene, I have to agree with your suggestion. I would not be able to make a living (after adjusting for overhead) on the AMEX today. While you...
"Most upstairs traders on the retail level fail to understand unlike stock, there is no "real" orders in most options. When you are buying and...
"MM 's need to make a profit" there is an assumption here that we need what they are selling... pseudo continuous pseudo firm two sided quotes....
Maybe cheating customers is not a good business model afterall. No tears here if they go under. In order to keep the hope of a future level...
IB has been a driving force in lowering fees in the retail brokerage business. I guess that translates into ruffled feathers. If you can't...
Margin requirements would have to be the same for all exchanges. Risk based (market maker margins) x2 would seem reasonable. This is just a dream...
If you really are a "retail" guy, please be careful. You must realize options (as currently structured) are heavily rigged against you. Options...
metooxx, Sorry on floor market making, not on cboe.
The current equity options markets are an embarrassment. I'm a former member of two of the five exchanges currently engaging in "pseudo...
Trader99, Wall Street people sometimes like to believe the street is more of a meritocracy than it really is. A bright person, coming straight...
"Keep in mind we are the second largest day trading firm (maybe not by Don Bright math but definitely so by breathing traders) in this country...
Dear def: I was thrilled to see that loc and moc (nyse and amex) orders have been added to latest version of TWS. IB really listens to its...
Def, perhaps you could give us some insight into IB's thoughts on NYSE Openbook. Is some integration planned as part of a fee service? Will it...
Its tough to read ... I truly wish you good luck finding something off-floor. The world has changed since option exchange floors came into being....
For a retail customer to trade exchange traded equity options as they are currently structured they would have have to be......(brain dead)....
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