>True , but being in this business >20 years-no question suprises me! LOL. I know if your rates had really been priced at what you said they were you would have had a REALLY long line at your signup counter. JB
Gene Weissman: Please explain to me why would I want to go with your company and pay more per share than if I went with either EchoTrade or Bright (which are larger and better known)...am I missing something.
We have been around five years and have established ourselves as a nationally known L.L.C. Everyone in professional daytrading knows about us. See some of the posts on the Brokers board, we are listed under Stocktrade Network. ECHO,ETG, Bright ,WorldCo,Genaric,On-site,LLC and Lieber & Weissman are the only trading L.L.C.'s that I know of that cater to professional daytraders. Most of these firms are well run. Some cater to mostly NYSE traders. Some are strictly "prop" on a 50/50 split. We are a specialty trading L.L.C. that offers leverage, custom software integration, programming and a professional desk. You can trade NASDAQ/AMEX/NYSE stocks at our L.L.C. or remotely using REDI+ with NASADAQ links to ARCA/ISLD/REDI/SuperSoes and INCA. ROX software is available for Basket Trading(great interface). All I can say is ask around and see if we are a fit for you. Gene Weissman Stocktrade Network Lieber & Weissman Sec., L.L.C. gweissman@stocktrade.net PS see our site at http://www.stocktrade.net
Gene -- love your commentaries. Could you simply "keep typing" without concern for the "text box". Evidently you hit the return key every time you get towards the end of the text box, which makes for short paragraphs and long scrolling messages. Excellent arguement for trading with your firm, well worded. BTW, have they (SLK) fixed or even cared to "positively" comment on Stops/Buy Stops/Trailing Stops/Stop Limit orders on Nasdaq stocks? That still remains the primary flaw with Redi+ software and all subsequent brokerages which use Redi+ (imho)
SLK (REDI+) does not offer NASDAQ stop orders. Be aware NASDAQ stop orders are "pegged" to the best Bid or Offer on NASDAQ level II, so this is not really a stop order that must be completed at a reasonable price(NYSE & AMEX), this is a market order sent to an ECN (probably ARCA) by the software . If a stock is selling off , the market order may not be completed for over 1 point. I would do better with a "mental stop" I send myself , since if I have to get out I can "click" below NASDAQ Level II and liquidate my position if I have to. SuperSoes is now available for professionals and our tradesations(REDI+) have INCA,ARCA,REDI,ISLD & SuperSoes. The fills seem to work well on SOES and REDI+ has improved features-now all we need is a tradeable market! Gene Weissman Lieber & Weissman Sec., L.L.C. gweissman@stocktrade.net