yeah that would be news to me. aside the fact its an electronic contract, bids and asks outside the mkt are that of mkt participants/traders only.
You mean in markets with market makers, there is less volatility? Are locals in pit considered to be market makers too? If yes, do they sometimes run stops and create more volatility?
Is this real trading? I noticed the CFTC hypo. statement on your website. If yes, do you have a link to the statements to verify the called trades?
Gentlemen All future broker's are FCM (trade from proprietary account against client's interess) If broker going down ( Refco as example ) funds are not secured Margin is source of conflict Technology of CFTC platforms generaly worster as technology of SEC products platforms SEC is more responsible as CFTC and NFA Selection of products by SEC broker incomparable more as by future broker . With exception of Stock index ,all future's is zero summe game Commission is broadly depend from volume ,operator must make he's broker satisfied first . Broadly accepted fees for platform's,which is incomparable more as by SEC broker /X-trader,CTS more as 500$ per month/ Your respectfully
no_pm, Now that we have partnerships with brokers we have to post this statement. I raised hell when they asked us to because I didn't think it was fair to our gleaming record. They explained to me that you can get sued for anything in this business. So as long as we live in the US, all the government required disclaimers will remain. Yes feel free to check out the record log page from the last few months. Every trade on this page was entered. http://www.puretick.com/trkrecord.html
Always keep this in mind: When you buy 500 shares of DELL, you OWN those shares in the company....you are allowed to vote, participate in dividends, splits etc etc... Everything else in the market was created by Wall Street Firms to generate commissions, provide hedging opportunities, and basically provide a method for people to have some "action" But none of it is true ownership of a stock..... That is a huge aspect that has been over looked for many years... I am not critiquing anyone and how they trade....just know the difference..... IMHO SteveD
So if I owned 1000 shares of MSFT (~27k worth), great I OWN it. But what does my 0.000000102...% stake get me? I don't have much swing when it comes to voting for directors or such, so I might as well be trading a derivative right? With derivatives I don't own it, but I CONTROL shares. I don't get a dividend, but they're priced in (assuming it's semi predictable). I don't get to vote, but see above for how much my vote counts. And I do participate in splits through adjustments to the the option contracts that are required when those happen. I'm not arguing against owning, or for owning. I see it more as a 50-50 choice and leverage being the real question. Can you take advantage of/handle the leverage or not with your strategies.