European Broker - NONE PATSYSTEM

Does anyone know of a good futures broker that is located in Europe but does NOT clear through MAN Financial (PATSYSTEM)?
My current broker uses PATSYSTEM which deletes all resting GTC orders after the Market closes. You have to enter the stops and Targets everyday and lose the Bracketing ability.

 

Van der Moolen - www.OnlineTrader.com - and - www.VanDerMoolen.com

 

Xenia,



Do you trade on this platform ?
fast and reliable feed ?
Good daymargins ?

 

No. I have no reason to use a european broker.
Platform is EasyScreen (now owned by MAREX):

www.marexfinancial.com/e_services_e_scrn.htm

 

Xenia,

Thanks, VDM looks promising I will check their Demo account.

 

Xenia,


So you are on the feed of Marex , just white labelled ?

 

I am pretty sure these guys have X Trader TT, but I don't believe X Trader holds GTC orders either. I only day trade though, check it out http://www.daytradeaustria.com/englishhomepage/www/index.html

 

Who clears their futures trades and holds the customer $'s?

 

I don't know ask them? I have no need for a broker in the Euro Zone. I have Velocity here in the states where I am. Just trying to help out if I can.

 

AFAIK if you trade with MAN, you can also use MTrade/RANorder. This platform doesn't erase orders or positions after market close. GTC is GTC and GTD is GTD. Excellent for multi-day trades, but it's clunky and takes a while to get used to. Not good for hyperactive in and an out.

I am assuming you are not a $500 daytrading margin guy. In that case this platform is useless. Full margin only.

If this platform is what you need you won't have to change brokers.

NOTE: RANOrder is to RCG what Mtrade (mtrade ep, mtrade securities) is to ManFinancial. They are the same thing.