Canadian based US Equity Options Traders (Platform query)

Hi All,

I am new here and happy I stumbled upon the site and forum.
I have recently returned to Canada after a 20 year stint in Asia.
I have spent the past 6 weeks, to no avail I may add, to source a decent platform to trade US Equity Options, from Canada.
Regulatory parameters eliminate all American based platforms I have approached.
I find Canadian offerings have ridiculously high rates and are essentially RETAIL Trader based.

Below is what I have emailed vendors.
'I require a platform to trade NYSE listed Equity Options. My choice of vendor will provide low latency,direct routing,Level 2, competitive discount brokerage, volume rebates based upon "non-aggressor participation".Please revert with your offerings.'

Any constructive advice is greatly appreciated.

Thanks in advance.

Terry

 

Bump....
I cant be the only Frozen Yank on here

 

Any platform that can route to Interactive Brokers should be ok since your IB account can be with IB Canada.

 

www.livevol.com

I'm pretty sure they said they support Canadian users.

 

That's just an interactive brokers account with a livevol front end.

 

Thanks for your responses @comintel,@Ferrycorsten,@soon2Bgreat.
I have contacted IB here in Canada, there rates are substantially more expensive than platforms in the USA that I tried to sign up for.
Due to the regulatory environment here, which does not only apply to Trading platforms, sophisticated traders (for lack of a better term) are relegated to trading full priced platforms with no rebates even though as a non aggressor the platform I end up using will receive rebates from the exchange based on contract volume.
in a nutshell, it seems to me that they are very geared at entry level traders and I suspect sophisticated Canadian Traders are either trading offshore or another avenue/loophole that I am unaware of, hence my posting here.

Thanks again for responses.

Terry

 

You can also clear through Apex and Lek; LVX is not restricted to IB.

 

Thanks Ferrycorsten,duly noted.
greatly appreciated mate !

Terry

 

Failing all else you can associate with an options-oriented proprietary trading firm in the U.S. Clearing would then be under their name so Canadian regs. would not be a problem. People in the Prop. trading forum could help on that.

Or you could incorporate a U.S. or other-country company.

 

@COMINTEL,
Thank you very much !
That is the lateral thinking (loophole) that I was looking for.
Greatly appreciate your comments and advice.

Terry