Recent content by sigsegvboogman

Anyone else following this?

Right, but no clear dates. I believe it was last Friday?

Does anyone know when .000011 goes into effect? Was it last week? Thanks

Well, the person who stole it made $400 from the video for making the front page of Break.com today. Go figure.

http://www.break.com/index/stock-future-trader-gets-slammed.html

So is anyone else feeling the pain of the increased Blue Sheet activity as of late? It never used to be this bad. For most of you, I know this is transparent, but to the few: I feel for you all. I used to get requests from Blue Sheets maybe 1 every other day. Now it's almost 5-10 per day!

No, not necessarily. My definition of "scalable" I guess is my own definition. One old system we traded for maybe 5 years only performed to a certain optimal peak cash level that the market could absorb. One of our main systems now can take maybe 100x the cash over the system mentioned above...

Fully automated systems do exist. I have been in the game since around early 2000. Returns over the years have ranged around 100% monthly to other more scalable systems that currently do 20% monthly on average and even the more scalable systems do have their limitations. I must say that since...

Way back when we were retail, our rate was 2.2 mils/share with a max ticket of $5.00 plus ECN rebate/minus ECN charges plus SEC. Now we are self clearing and get much much better rates.

Okay, I just heard it goes into effect March 17th.

Hey there, What is the implementation date for the lower SEC fee? Today or tomorrow? http://www.sec.gov/news/press/2007/2007-24.htm Thanks.