lightspeed?

Discussion in 'Trading Software' started by traderx43, Feb 15, 2010.

  1. k.evseev

    k.evseev

    I'm not offering anything but free advice, I run a separate desk. And no...not any mook can do that. Lightspeed will only reduce after seeing you trade there, prop will make deal based on track record. Its smarter doing prop vs trading full price for 3 months.
     
    #11     Feb 17, 2010
  2. Meant to clarify only seeking prop on Lightspeed. I contacted several firms and everyone has a different deal. Some charge for the platform and some do not. Everyone also offered a different per share rate. For all traders on Lightspeed trading prop what is the average deal for someone doing 2-3 million shares and are you paying a platform fee. Only prop. Thanks
     
    #12     Feb 17, 2010
  3. k.evseev

    k.evseev

    a good rate is .03-.04
     
    #13     Feb 18, 2010
  4. l2tradr

    l2tradr

    Do you mean 0.003-0.004 per share?
     
    #14     Feb 18, 2010
  5. yea best I was offered was .0025 with a 99% payout. No charge for platform but must pay market data fees which is understandable. I don't think I will get a better off then this avg 2-3 million shares per month?
     
    #15     Feb 18, 2010