Recent content by MBT-Steve

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    MB Trading New Options Commissions as low as .15/contract

    MB Trading Announces New Tiered Options Commission Plan, Rates as Low as $0.15 per Contract (El Segundo, CA) – July 9, 2013 – Manhattan Beach Trading Financial Services, Inc. and MB Trading FX (collectively referred to as “MB Trading”), a technology-driven, low-commission brokerage...
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    Penson - What's this all about?

    GTS... We did send an email to all account holders. If you want me to research what happened in your case I would be happy to. Just PM your name please and I will folllow up. Regards, Steve
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    Penson - What's this all about?

    Jack P.... About 24 hours or so I think. My opinion wasn't relevent to their decision. From everything that I can see it looks to be very positive for everyone. Regards, Steve
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    Penson - What's this all about?

    JB3.... As you may have seen over the years I am here to help clarify issues if they arise in regards to MBT. I suppose now would be one of those times. I think in this case you may have missed the mark a little but I understand where you are coming from. Penson in the recent quarters has...
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    Email really from MB Trading? Phishing?

    Trendo, This email was in fact from MB Trading as required by FINRA and the NFA to provide our clients with annual disclosures notifications. The pop-up message asking for a username and password was triggered by one of the images in the email that was incorrectly located under a secured...
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    Is anyone else worried about Penson Financial?

    Swan... Barring fraud its absolutely accurate. Steve
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    MBTrading Problems

    Southbeach... I agree however its a bit out of my control so the best I can do is let my customers know we are aware and working on a resolution. Issue will arise from time to time and when they do MBT takes an upfront approach to identify it and fix it. That is why I am here and will give...
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    MBTrading Problems

    With regards to Futures only, Penson has an issue with regards to the upload file due to a formatting inconsistancy. This is created from the recent conversion. We expect to have this resolved shortly where we wont need to use the backup file. However, your trading should not be interrupted...
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    MBTrading Problems

    GTS..... Last week Penson went through a back office conversion which caused MBT to use our backup file. There should have only been a very short period where positions and balances needed to be updated past our normal time. Today (monday)Penson is using the standard file and all looks...
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    Real ECN

    I know MB Trading is.
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    MB Trading announces Pay for Limits in Forex

    bpc... I know exactly what adding liquidity is. The question was asked that if two limit orders enterred then MBT would lose money. I was pointing out that in such a scenario that it would be impossible to have both those crossing orders, which make the trade, both be adding liquidity...
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    MB Trading announces Pay for Limits in Forex

    Dewton... In order for a limit order to be paid it must add liquidity. You can only have on side of a trade that added liquidity and the other side must have removed/taken liquidity. It is not possible to lose money in that we charge 2.95 for taking and pay 1.95 for adding. Please take a...
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    MB Trading announces Pay for Limits in Forex

    Intradaybill, You may have missed this one a little. Were you aware that MBT is an agency only firm and never takes a position of any sort? Regards, Steve
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    MB Trading announces Pay for Limits in Forex

    We will be updating and creating more videos and webinars over the next few days that will have audio.....
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