Yes i know the clearing costs. With software and data costs and self clearing costs it dosen't add up. They would need thousands of traders trading big volume to pay for their compliance etc.
Or a few good black boxes that do enough volume to pay for all the clearing per symbol.. and any new trader that joins is pure profit. Carry on.
to the op: check out infinia securities. its a new business model with a solid structure and good payouts. please pm me for more information as im tired of hearing negativities in this forums !
Highly unlikely. Are you just making stuff up? Big enough volume to pay for clearing per symbol??? For 10000 stocks? Do you realize how insanly big this volume would have to be to pay for their data servers, their software developers their tech support, their business manager, their compliance officers etc. Unless of course they are trying to get good traders so they steal their strategies for their black boxes. Not the first or last time this has been done.
what is globus giving these days are they actually giving .10 clearing and +90% payout for traders? rnt they affiliated with lynx?