they are closing down retail desk and focusing on prop trading with another compnay...they may be changing the name
I had decided to prop trade with them after demonstrating the software. I left messages with my contact several time last week and never received a call back. This week I have been calling and no one wants to tell me what is going on. Looks like I am going back to the drawing board. If you have any suggestions for me, please PM.
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Nope, they went out of business. Looks like some of their trading groups are headed to Echo though...
I spoke with the trading department at Navillus Securities today. They explained to me that they have not gone out of business. They merged with Barkley trading (they specialized in NASDAQ liquidity trading)in order to provide better services. I was told that due to regulations they had to notify their clients and remote traders that they were shutting down at least while they were going thru the process of the merger, which officially ended today. So basically they will be up and running as the new firm tomorrow.