TradeStation Securities announces new commissions

Discussion in 'Retail Brokers' started by activetraderfor, Mar 27, 2002.

  1. cashonly

    cashonly Bright Trading, LLC

    I've seen you post answers to other peoples questions on this thread since I asked the above question.

    How 'bout an answer for me?
     
    #151     May 17, 2002
  2. Kosiosko

    Kosiosko

    "In a future release of TradeStation, the Account Manager will fully reflect any trade-related charges, such as commissions, on a per trade basis in the Statistics Tab of the Account Manager. The only charges that will appear purely on the month-end statement are exchange/data fees and debit interest expense. "

    any idea when? Are you talking about V7?
     
    #152     May 17, 2002
  3. Janette Perez

    Janette Perez TradeStation Technologies

    Sorry Cashonly for the delay. I'm on the road - in New York for our seminar/workshop this weeked. Yes, this functionality is important to our customers and we are planning on adding it back in a future release.

    The next major release is release 7. I don't have a date for this release yet. As soon as we are closer, I will let the group know.

    Thanks,

    Janette Perez
    VP Sales
    TradeStation Securities
     
    #153     May 17, 2002
  4. Janette Perez: I do not think anyone expects tradestation securities to compete with IB commission rates, but given the good name that tradestation platform has earned , I think you folks could add alot of emini futures volume if you can get your rt commissions under $6.00. Just my 2 cents.
     
    #154     May 17, 2002
  5. stevet

    stevet

    i suspect there is a good chance that it costs them $6 per r/t so they need to charge a good wack on top to make a profit
     
    #155     May 17, 2002
  6. easy........they don't

    1.2 cents a share is A LOT more than what I pay or anyone in my offices pays.

    I pay much less than a penny and ISLAND and INCA pay me to trade there more often than I pay for an ECN fee.

    Robert
     
    #156     May 19, 2002
  7. kowboy

    kowboy

    Isn't it true you have to be nasd7 licensed to trade though Echo?


    Thanks for your reply
     
    #157     May 19, 2002
  8. yes

    this article might answer a few questions

    http://www.daytradersusa.com/tharp.html

    Robert
     
    #158     May 19, 2002
  9. Can someone tell me how tradestation executes NASD e-mini AND S&P e-mini trades. Does the platform has straight through order processing with the CME computers? Or is some other method employed?

    Can execution of e-mini trades be fully automated or is a manual confirmation required?

    Thanks in advance,
     
    #159     May 20, 2002
  10. Kosiosko

    Kosiosko

    Robert,

    Great overview of the differences between retail and professional traders. Thanks for your insight!
     
    #160     May 20, 2002