Rate your broker !! Just the facts please...

Discussion in 'Retail Brokers' started by qazmax, Aug 20, 2002.

  1. qazmax

    qazmax

    The rate your broker section is too general for my taste. What I propose is a standard format of services. This way all brokers can log on and complete this form and we can benefit from the added information.

    A simple "yes" or "no" next to all the services your broker offers. And then you put in your commission charges for stocks, options, futures and any other services you provide.

    I am going to post the routing available... I am not experienced in futures, so let me know if the futures part needs adjusting. Also, if I forgot an ECN or some exchange please make a note.

    I am sure this is a good enough format for most brokers to use. No hype, just the facts please! Yes or No to the following and then your commission breakdown for the services you provide.


    Stock Exchanges Yes/No
    NYSE
    AMEX
    AMEX Nasdaq (CMS line)
    CHX
    ARCA

    Nasdaq Service
    ITS
    SuperSoes
    SelectNet
    Primex
    Super Montgage - when released
    Liquidity Tracker - when released

    ATS/ECN
    Instinet
    Island
    ARCA/REDI
    Btrade
    BRUT
    NexTrade
    Attain
    MarketXT
    GlobeNet

    Options Exchanges[/]
    ISE
    PCX
    CBOE
    PHLX
    AMEX
    CBOE Direct - Premarket options
    BOX - when released

    Futures Exchanges
    CBOT
    A/C/E (CBOT)
    CME
    GLOBEX (CME)
    KC - Kansas City Board of Trade
    CSCE - Coffe Sugar and Cocoa Exchange
    NYCE
    CMX (div NYM) - COMEX
    NYM - New York Merchantile
    MPLS - Minnieappolis Grain Exchange
    IPE - Int'l Petroleum Exchange
    CTN - NY Cotton Exchange
    MCE - Mid America Commodity Exchange
    FINEX - Financial Exchange (div. of CTN)
    Eurex
    EuroNext

    Other
    Currency Exchange
    VRAP
    Basket Trading
    Pink Sheets
    OTCBB
    OneChicago - when released
    NQLX - when released
    ISLD Futures - when released

    Foreign Exchanges
    you list them please

    Order Types
    GTC Listed
    GTC OTC
    AON - All Or None
    FOK - Fill or Kill
    DRT - Disregard Tape (not held)
    MIT - Market If Touched
    IOC - Immediate Or Cancel
    MOC - Market On Close
    MOO - Market On Open
    OCO - Order Cancels Order
    Stop Loss for Option
    Stops Loss Listed Stock
    Stop Loss OTC Stock
    Option Stop Based on Stock Price
    Trailing Stops
    Reserve
    Discretion



    :)
     
  2. qazmax

    qazmax

    Sorry about the bad coding...
    :)
     
  3. hedgez

    hedgez

    it would also be helpful to know if a broker has nx routing for nyse stocks, and if they have nyse open book.
     
  4. qazmax

    qazmax

    Yes anyone posting this info please include NYSE Direct +

    Sorry I forgot this...

    Open Book is a quote feed, and not an execution platform, right?

    Quotes abilty deserves its own mention as well. Level 2, Open Book, streaming versus static, etc... please feel free to add this to the other column.

    :)
     
  5. qazmax

    qazmax

    Stock Exchanges Yes/No
    NYSE
    NYSE Direct Plus
    AMEX
    AMEX Nasdaq (CMS line)
    CHX
    ARCA

    Nasdaq Service
    ITS
    SuperSoes
    SelectNet
    Primex
    Super Montgage - when released
    Liquidity Tracker - when released

    ATS/ECN
    Instinet
    Island
    ARCA/REDI
    Btrade
    BRUT
    NexTrade
    Attain
    MarketXT
    GlobeNet

    Options Exchanges
    ISE
    PCX
    CBOE
    PHLX
    AMEX
    CBOE Direct - Premarket options
    BOX - when released

    Futures Exchanges
    CBOT
    A/C/E (CBOT)
    CME
    GLOBEX (CME)
    KC - Kansas City Board of Trade
    CSCE - Coffe Sugar and Cocoa Exchange
    NYCE
    CMX (div NYM) - COMEX
    NYM - New York Merchantile
    MPLS - Minnieappolis Grain Exchange
    IPE - Int'l Petroleum Exchange
    CTN - NY Cotton Exchange
    MCE - Mid America Commodity Exchange
    FINEX - Financial Exchange (div. of CTN)
    Eurex
    EuroNext

    Other
    Currency Exchange
    VRAP
    Basket Trading
    Pink Sheets
    OTCBB
    OneChicago - when released
    NQLX - when released
    ISLD Futures - when released

    Foreign Exchanges
    Please list them...

    Order Types
    GTC Listed
    GTC OTC
    AON - All Or None
    FOK - Fill or Kill
    DRT - Disregard Tape
    MIT - Market If Touched
    IOC - Immediate Or Cancel
    MOC - Market On Close
    MOO - Market On Open
    OCO - Order Cancels Order
    Stop Loss for Option
    Stops Loss Listed Stock
    Stop Loss OTC Stock
    Option Stop Based on Stock Price
    Trailing Stops
    Reserve
    Discretion

    Quotes
    Streaming
    Level 2
    NYSE Open Book


    :)