Upset with IB once again which means I am currently looking to see if another broker would be a better choice. I trade about 800K shares or more per month and short over 95% of the time so I need a very good short list. I add liquidity and so ECN passthru is a must. It appears that Efficient offers a much better commission schedule for both options and stocks but I have never used Sterling and I really like using a DOM /Book trader. Does Sterling have a DOM and if so how do you like it? If not is there an add on that can be used? Thanks
I made the switch from IB to Efficient Executions and am very happy. I am saving about $100k a year in commissions from Efficient Executions compared to IB. I don't think Sterling has a DOM, but you would use a market maker box and Level 2 if you were trading equities? Doesn't Trading Technologies have a patent on the DOM, and they sued a bunch of software companies that had DOM's in their software for patent infringement? Do I have that correct?
Efficient Executions.. thats the name of a firm? Are they still around. Anybody got a link (they sure dont seem to show up on google). -gariki