PT still around? Man I remember joining them like 5-7 years ago. Datek and PT were the execution leaders back then. PT's software was what attracted me back then. Too bad they didn't grow like other firms.
I remember when I joined them how impressed I was with their instant execution. This was before everyone had it. Staging your trades was pretty cool technology. I was gonna get rich off of options trading. Needless to say, I am still writing off those losses.
They were recently taken over by Fimat. They use an updated version of the same execution platform. Not a bad firm, but kind of looking for a niche I suppose. I think they used to do a lot of hedge fund business. Not sure now. Basically they are kind of an IB type firm but without the technology and access to foreign markets.
Redsky clears some customers through them. FIMAT ownes Preferred and Société Générale Group (huge company) ownes FIMAT.