Comission and Bullet Rates

ask robert "turd" tharp about sterling or echo or used car sales, hes a expert, just ask him....when hes not lurking at girls at the beach, hes being a " barney" at the slopes

 

hammer is by far the best. we smoke redi guys all day long. i loved redi till i was forced to use hammer. now ide never go back or go to anything else.

 

It should be better than a penny, spare us your favors vendor.

 

Amen to that brother! I'm getting real tired real fast of the excuses for these Sterling quote problems. Guess what though? Pretty soon we're going to have this neat thing called OpenBook! I guess it's newfangled and all since hyperfeed still can't provide it, but the latest update to Sterling can handle it now, so any (week, month, year) now, we should have it.

 

open book is over a year old. your just getting it now?

 

I have 2 accounts with the same direct access broker on the same soft ( instaquote) and can switch with only one clic.

on the first one i pay 8,95 per ticket+ ECN FEES
island : 0.003 per share for taking liquidity
nothing for adding liquidity

ARCA :same as island

for island there is a maximum shares of 10000 per ticket which is fine.

the second one i pay 0.008 per share no ticket fee.

i trade between 50000 and 150000 shares a day between 2000 and 5000 shares per ticket.

ONLY NAsdaq shares

 

I'm sure hammer is great for nasdaq but i doubt it would benefit me for the way i trade. with sterling i can have the software automatically adjust my size and price...one click of the mouse is a ton faster than fumbling around with a keyboard. and i wouldn't want to risk my deposit with a sub-LLC just for the privilege of using an order entry platform created predominantly for nasdaq traders..

 

Some prop firm had an ad in December's TASC that had commissions (all-inclusive) of .007 cents per share. Say, I just noticed there is no cents sign on my keboard. I remember there was one on typewriters. Would that be a sign of inflation if it didn't survive the conversion to computers?

Anyway, just think if that rate was true .

I suspect somebody does not know the difference between dollars and cents, and I'm sure I'd not want to risk my money with such a group of people.

 

I believe that was www.aretetrade.com

 

"I'm sure hammer is great for nasdaq but i doubt it would benefit me for the way i trade. with sterling i can have the software automatically adjust my size and price...one click of the mouse is a ton faster than fumbling around with a keyboard. and i wouldn't want to risk my deposit with a sub-LLC just for the privilege of using an order entry platform created predominantly for nasdaq traders.."--C Rob




Actually, the guys who trade NY stocks rave about the Hammer. Also, I've used both keyboard and mouse based systems and IMO you can send many more orders much faster using a keyboard rather than a point and click system.

Volume