options brokers(not MM/

Discussion in 'Options' started by milstar, Nov 5, 2005.

  1. milstar

    milstar

    Gentlemen

    1. Standart offered commsions

    AMTD 10.95$ +0.75$ per contract
    OX 14.95$ minimum
    TOS 2.95$ per contract or
    Ex1 - 10* 12.95$ /for 10.5 contracts per trade/
    Ex2 10 * 19.95$/ for near 21 contracts per trade/
    MBtrading 1$ per one contract

    Did any person experienced with discussion of commission rate
    individual ? As example author will combine 2.95$ for 1-3 contracts and 12.95$ for 10 ?

    2. Platform
    AMTD -Java based without downloading +http,linux capable ?
    Ox -Java based without downloading +http
    TOS - Downloading + web ,linux capable
    MBT -only downloading

    All four have possibility for direct routing

    Can some operator ,which experienced with all four ,explain
    he's comparative opinion

    3. AMTD four time intraday margin for Non PDT 3 time per 5 business days for account from 2000$ .No futures
    MBT margin account -5000$ ,offered CME e-mini,FX futures
    and CBOT gold,eym
    TOS 3500 $ minimum ,Offered CME e-mini as ES,EN,ERT
    Ox no account minimum ,for USA resident FX , e-mini &
    futures offered from 25000$ account

    Author would very pleased for answer.

    Your respectfully milstar
     
  2. Don't forget InteractiveBrokers. $.75 per contract ($1/trade minimum). They will also let you do combo trades natively. I'd been using Tradestation almost exclusively until I got 3 price improvements in 3 straight trades at IB.

    If I start trading huge numbers of contracts, I'd probably take a look at ThinkorSwim or OptionsXpress.

    http://www.thinkorswim.com/tos/client/index.jsp
     
  3. milstar

    milstar

    Dear Sir

    IB through he's affiliate TH involved intrading against client order /Market making/ .Also TH have some problem today


    your respectfully milstar
     
  4. I wasn't aware TMBR did market making for options? Are you sure they do?
     
  5. milstar

    milstar

    Dear Sir

    You can search author posting ,some 20-40 e-mails before
    IB /DEF ?/ officiel stated to author that TH have own
    proprietary desk


    Your respectfully milstar
     
  6. def

    def Interactive Brokers

    MILSTAR,

    I HAVE REHASHED THIS NUMEROUS TIMES. YOUR IMPLICATIONS ARE TOTALLY FALSE. TIMBER HILL'S PROPRIETARY DESK DOES NOT MAKE PRICING DECISIONS NOR GETS ANY SPECIAL TREATMENT FROM IB CUSTOMER FLOW. IB'S CLIENTS GET NOTHING LESS THAN THE BEST AVAILABLE PRICE (INCLUDING PRICE IMPROVEMENT WHEN POSSIBLE) AT ANY GIVEN TIME. ALL ORDERS ARE ROUTED DIRECTLY TO THE EXCHANGE WITH THE BEST AVAILABLE PRICE. I'LL GO STEP FURTHER AND STATE THAT I AM HIGHLY CONFIDENT THAT IB's OPTION EXECUTIONS ARE SECOND TO NONE.

    IS THIS LOUD AND CLEAR!!!!!
     
  7. nkhoi

    nkhoi Moderator

    I bet you are very please :D
     
  8. In my experience, if I submit a non marketable order, it appears on BOX, PHLX, or CBOE. I've never had a price appear on Tradestation that I could not get on IB. In addition, like I said, I got 3 straight price improvements not long ago (i.e. I submitted limit orders above the bid/below the ask and got a fill at an even better price).

    My experience with IB is measured in months, not years, but I've been really impressed.

    If only they added historical Execution queries to the API, and showed actual symbols in the statements, it'd be perfect. :)
     
  9. i do alot of leap options and i used to get 30% of my trades with a penny or 3 price improvment with box but the last 2 months no price improvements. but ib is very good on options
     
  10. milstar

    milstar

    Re: DEF/IB/ Statement



    Caveat emptor! /Let is the buyer beware !/
     
    #10     Nov 9, 2005