Hi All, I'm looking for a brokerage firm that caters to active or institutional traders who trade more than 3 million shares per month with a reliable API for automated trading and competitive commission structure Any hints ?
I'm told by someone who is very wired in that Grace is very much the real deal. Whether they will consider that volume institutional (I suspect not) and give you the "right rate", I don't know. https://www.gracefg.com/HOMEPAGE.html And I have heard that Cobra, while not in Grace's league, is a terrific firm to do business with: http://www.cobratrading.com/ I don't trade equities so I have no first hand experience with either. Good luck!
I'm already aware of IB and lime already turned down my business since I'm not US resident , so any other suggestions ?