Is this "Processing Fee" standard?

Discussion in 'Prop Firms' started by CapRates, Mar 9, 2009.

  1. Arnie

    Arnie

    $65 for data is super cheap for a prop.
     
    #11     Mar 18, 2009
  2. yeah im pretty sure it doesn't include nasdaq data (as id have to take another exam for licensing). They did mension ARCA but they mostly trade on the NYSE. Can someone clue me in on what exactly ARCA is? my concern is that this is all they are providing but they way they made it sound i'd have lvl 2 for anything on NYSE.



    i dont suppose that i can patch in data from a different program (quottetracker)/ my online broker (scottrade)

    while i was interviewing they said that i could opt out of this fee and not have the data but i dont think its reasonable (or intelligent) to daytrade without lvl 2 data.
    they also strongly advised against it.



    they use anvil as their platform i believe
     
    #12     Mar 18, 2009