Where is the video capture of all this brilliance really, I have to waste time going to see it live he or one of his shills cant vid the thing ? lol, the stink is getting worse
I have absolutely no interest in recording someone else trading .. Either shut up or wait until he is streaming again to see for yourself.
Why doesnt he record it himself. Since hes obviously an attention ho Maybe its because its BS "I walk on water whenever I feel like it, but I never take pictures of it "
With random broker you have higher change to fall into insolvency. Thats why all CME's direct clearing firms have meet its capital requirements. On the 2nd point. I admit I was bit misleading. You don't really get lower commissions by simply owning a IOM seat. Truth is, in trading and in life general, when in comes relation with your business partners (and brokers are that) you want to look good when you are in negotiations for lower fees. Even if you tell your broker you trade 10k volume monthly, they most likely make a offer for like you are trading 60-80% of that volume, because most traders exaggerate the volume they are trading. Later times you can negotiate lower fees. But yeah, in the end it comes down to volume. 10k volume is deffinetly enough for a cash cow to milk for lower fees.
Thanks for the advice. Also, I was looking at AMP, and surprised to find they are not on the clearing firms list too. Was going to go with them if I don't get a prime brokerage account.
i just realize they are NFA registered FCM...as opposed to CME FCM... i guess im trying to figure out if it matters? is CME FCM get quicker fills? AYUA said for "obvious reasons"..umm not that obvious for someone who's new the industry
He's saying the main reason is a higher risk of bankruptcy of the firm, if I'm reading that correctly. I am not sure how likely that is.