Am I reading these commissions right?

Discussion in 'Retail Brokers' started by nitro, Apr 20, 2004.

  1. nitro


    .001 per share? :eek: :eek: :eek: :eek: :eek:

    What's the catch and what am I missing?

  2. ig0r


  3. Ebo


    Looks like a great deal even with the lower trading volumes!

    My problem is I can not seem to find the words........"SIPC" or "NASD". Then again many other LLC's do not insure the account.
  4. Dustin


    Bottom of that page is NASD SIPC.
  5. Ebo



    If it can be funded "retail" and not in the LLC....then great deal batman! FULL ECN rebates are a nice plus.

  6. Ping Time to INET Order book ( OUCH ) :

    Pinging with 32 bytes of data:

    Reply from bytes=32 time=3ms TTL=62
    Reply from bytes=32 time=3ms TTL=62
    Reply from bytes=32 time=2ms TTL=62
    Reply from bytes=32 time=3ms TTL=62

    G*D almighty, that ping time + computerized systems, no wonder manual scalping if a freaking nightmare the last year.
  7. reg


    Very interesting.
    Does anyone know who the folks are behind this company?
  8. From my googling, these guys have been around for some time. They are a proprietary house as well. Looks like they are leveraging the infrastructure to include retail.

  9. I know exactly who is behind this firm and i give them my 100% endorsement. They are the real deal. No gimmicks, catches or alternative agendas (no it's not me behind it). IMO they have the best rates, fastest most stable platform, best support, etc. They will soon dominate the space. My understanding is that there are no size restrictions on the .001 rate initially. However, if after a period of time, you are not doing the volume, the rate caps out at .003. However, the firm is looking to garner market share and I believe that they are willing to offer that rate at present to all shapes and sizes so that they can get their name out to the market. Their ping time is unbelievable. They are located in the same building as the ISLD ECN and I believe that they connect to them via 'intra-net' rather than 'internet'. 5 Star recommendation! Neal.
  10. UMU


    Do they have an API for automated trade submission?
    #10     Apr 20, 2004