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The funny thing is that a good majority of the people I run into in prop rooms in Chicago are ex-pit traders - mostly prop option or futures - few...
Might want to take a look at NT Futures/Securites. They just opened a new 12,000sqft trading room a few weeks ago in the Board of Trade - prop...
That is kind of the point - I have met a lot of profitable traders and the good majority of them had some type of house edge. Don't get me wrong...
I have personally met dozens of very long term profitable traders. However a good majority of them had some type of edge: Pit traders,...
When you short a stock you are essentially creating a new shareholder. The person who held the shares in a margin account (the person from whom...
ISI = ABM AMRO
Both ISI and DOT go to the NYSE specialist. The difference is the technology used to send the order. NYSE orders must be sent by a NYSE...
Instinet was 4.8% of the QQQs last month. The last few days they were 10-12% of the QQQs and 12-17% of the SPY. So I guess the 4 month count...
I have personally found that I am more likely to get hit away from the market using Instinet compared to Island. My explaination has been that...
It depends on how the firm is registered. With some firms you MUST have the series 55 according to the SEC. With others you don't. I...
Today Instinet was 11% of QQQs and 12% of SPY. Jumping up like I expected on the death of Island EFT trading. Surprised nobody is...
I talked with Instinet on Friday and they said according to their compliance their book is not being effected. Instinet did 4.8% of the volume...
Many professional firm (e.g. Bright) and several retail firms (e.g IB) offer all-in prices that include Instinet. For trader with these all-in...
With the recent change in Island orders on the QQQ and the Instinet merger this might be an interesting topic. During August the Instinet ECN...
This might have something to do with this... Under the old NASD rules - if an account went under the 25K it was given 4 times buying power for...
Here is the run down on Canadian trading shops. Swift, Quest, and almost all other Canadian daytrading firms must clear through Penson Canada...
I have personally found the speed and reliability of the SuperNova platform to be great. It is your standard Realtick knockoff. If you do any...
NT Securities has a trading room in the Chicago Board of Trade for both prop equities and futures. http://www.ntsecurities.com 312 542 1333
There have been several recent threads about NYSE Specialist moving the bid/offer. Does anyone want to provide their recent experiences with NYSE...
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