"Interviewed with DC today..." Do they give you a W2, 1099, or K-1? If it's not a W2, I wouldn't call it a job for which you need to be...
You can trade-through with INET on certain NYSE stocks... they list them on their site, but not in one big list. You have to sort through a bunch...
" Any DECENT prop firm would be able to monitor, in real-time, the exposure and P/L of its traders." I fully agree. Notice, I made no mention...
I tried to edit my post about the CECO/COCO (can't remember)... that was INTRADAY. Yeah, that was extreme, but over the years, I've seen lots of...
"So, you're telling me that in instances where a trader went to a prop firm, put up money in order to buy leverage, that they let him lose more...
"I PRESUME that specialists make the market LESS efficient, not more efficient. This, I suggest, is a reason why specialist involvement is a good...
When in doubt, pick up a phone and call... it may take a few transfers before you get someone who knows what they're talking about, but you can...
"You money is no longer segregated... but is comingled with the Firm's capital and becomes part of the Firm's Net capital" Not true (at least...
"Well, you need to realize that they aren't going to let an account go to zero." Hehe... I've seen MANY accounts go waay past 0. Even 6 figures...
"I know this applies when sending orders to NYSE, but does this really apply to ECN's as well?" Ever since ARCA became an exchange, they follow...
I just started using flyonthewall, and every time a news story comes through, my IE freezes... using the task manager, I can see it actually gets...
Yeah, seems like that should be an option, because most traders would be willing to pay for billables, as long as they don't have to "get at the...
I'm amazed that eSignal has as many users as it does. I've used it in the past, and my firm had constant problems, whether connecting to in-house...
GATRader- Graybox only recycles dot orders (NYSE at about 290 seconds and AMEX about 110 seconds). You can leave ECN orders in as long as you...
The guy on the other thread said this: "Commission: $0.55 per fill (if you send in a 1000 share order and you get filled 200, 200, 100, 500,...
Ask the NASD or SEC, and see what they say. They extend very little latitude to daytraders, and will (most likely) tell you that you can only...
Training depends on who they put you with. Like going to the Hair Cuttery... you can get lucky and get a good haircut, or not. You have no idea...
I've seen a few people mention it, but don't know if anyone has first hand knowledge of it. I've read all I could on their site:...
"... hitting 28million shares a day, Swift does that in the first hour of trading." Really? How many traders does Swift have? I don't know...
They're known to have the cheapest rates on the street. But, everything has a cost.
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