Not sure if it has been explored before, I wonder how is it possible for a few (below 10) relatively sizeable monthly futures volume individual traders (around 1000-2000 contracts each) to club together to aggregate their volume (about 15000-20000) in order to improve their commission rates. Without forming an entity to pool together money or anything complicated. We just want to have our accounts/money/PL separate as always. I see the Interactive setup requires a master account which we try to avoid.
On a case by case basis, I might be able to do this if all the clients use RealTick. Each client gets their own account, I would look at their volume in total to set rates. I want to avoid one person advertising this to get in strangers in. If one group comes to me at once, I would ask for approval.
ROFLMAO, hat too? I thought I have heard ever reason to get certain brokers, but this one is a new one and not cause of commissions?
I've actually seen this used to great effect in the brokerage market for more illiquid commodities where brokers still take clients out for steak dinners and make 5% commissions on deals they put together. In a good old boys network a sharp attractive women can almost rob a bunch of testosterone blinded guys blind.