Just wondering if anyone has heard if the SEC plans on doing a crackdown on the sub llc firms or is this just a separate issue?
http://www.sec.gov/litigation/admin/2010/34-61625.pdf
You are lacking a smart router. All other brokerages have one and this is much more efficient than routing to a specifc ECN & paying the routing out fee, plus you subject your order to sweeping through the book. This is the main reason that I do not join your firm. Because I'm a liquity...
I was just wondering who are the owners of these big brokerage firms? Are they publically traded? Or does an individual owner own the whole thing
I was just curious about who owns firms like...
echo
IB
assent
Bright - I know this is the brights
$100 / hr ha ha ha. People that can program are not that rare. A college graduate can do this work. How much do they make 40,000? if that? That's 20 bucks per hour.
100 hours to code a strategy??? Unless it's extremely complicated no way. If someone gives me an average length strategy...