I'm going to guess that you are a janitor in real life; Only the blue-collar types walk around with this sort of completely delusional sense of...
I'm sorry... do you only want to converse with people who agree with you? Don't you find contrary opinions to be useful?
So... what you are saying is that you want to be a pretend trader rather than real trader, right? Because putting down $20k deposit == pretending...
You work in finance (sort of). Why would you want to jump out of working in finance* to... work in finance? Shouldn't you try to first jump to...
Are you on the buy side or sell side? The story differs depending on which...
Um... when you trade with ML or BAC (both BAC now) or UBS or GS you don't trade with a broker; They are dealers. They can sell you their inventory...
I'm not sure I understand what you mean by "most possible direct access". Can you clarify?
Yes, this is how all inventory system work. The problem (other than "subject") is that those levels are by definition NOT the best level you can...
Okay... you win the pedantry competition. There does exist some insignificant single-platform order book ECNs for corp bonds. You win the...
Maybe that's the problem? Bob is taking what I say waaaay too literally? I've been trying to make it clear that a phone call doesn't have to be a...
Okay, so this says the first three venues: NYSE (a place with almost zero volume for corp bonds - ever looked at the most active traded page? it's...
How do I know? Because I looked at IB's product page for corporate bonds, looked at the market venues they use, and KNOW what those are because...
I have bought bonds from etrade in my own personal retail account. It's not electronic trading; it's just inventory. I've gotten calls backs from...
(1) Yes, IB is a big firm; But they are NOT a big bond trading counterparty. Those are dominated by the likes of GS, BAC, UBS, etc... Not firms...
Who are these broker-dealers? If it's someone like UBS or BAC, isn't it just their own executable levels? So you basically only have bid/offer of...
Given what I said about IB's execution venues for corp bonds... you realize you basically confirmed what I'm saying right? Those "couple...
But if you don't subscribe to the bond data... how would you see bond quote? <- this is what I'm confused about. Or is that not what you mean by...
And this is a serious question: can you walk me through what happens when you click on the offer? Does your fill come instantaneously, or does it...
Wait... that screen shot shows a bond that's not eligible for trading (it's in default). And you say you don't have a subscription for bond data?...
For corp bonds, generally quotes are meaningless. You are not sitting on a bid or offer; That's not possible: there's no order book system for...
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