I doubt that anyone takes you seriously... even your mom. No one actually capable of implementing your fantasies... Would be talking about it on ET.
hahahha... fantasy.. I know my thread will attract some narrow-minded people. Welcome to the beautiful world of fantasy. Anyway.. I got what i looked for by great guys who were able to deal with the possibility that i might talking seriously. Thanks for all who PMed me and i appreciate your help. Regards
Yea.. they pay for limit. and their spread is wonderful.. However, is there any broker outside USA? Thanks,
There's a big difference in quoted volume and executed volume, you plan on executing 1-2 billion notational every month? 1 tick loss = 200,000$
Why are you asking about 1-2 billion when you say you are going to start out with 50mil volume/month? Start out with actually making money. 50mil is 5% of 1bil and 2.5% of 2bil. I doubt they will take you seriously.
You are right. It is my mistake to mention the 2 b issue. I had to talk only about the 50million realistic start for me. I agree The full potential of my ATS can go to 1.5 b. It will go to this volume only by its frequent submitting/executed behavior. This multiplication came from the potential frequency part .. not from the individual volume part. However, it is the theoretical part... I had to stick with the practical part. Practically, i can start with 50 million... on the retail side. I am not sure my boundery " in terms of frequency" on retail , where it will go. I assume it can go up to 250 m. However, i need to find a niche broker. I am expecting to get something like 0.1-0.2 pip and 10$/million RT commission rate. For such 50 million per month volume... and 95% pending.. Then,... after few weeks, i could further negotiate or find another niche with better terms.
Yes.. on paper.. this is true. But no way i could play 2 billion with my tools now. It is far beyond my catch. So, let us talk about the 50 m/month.
Does not answer if its quoted or executed. Also, 0.50 per 100,000 (MBT Pay for limits) 50,000,000/100,000 = 500 standard lots 500 lots * 1 = $500 in rebate If your strategy breaks-even every month, you'll collect $500/mo or $6,000/yr Add the hardware costs Add internet connection cost (recurring) Add managed services cost (the people at the data center who help manage ur server) And you are running a business with negative operating income. Congrats.