Recent content by tonyb

I read some older posts regarding "spoofing" on NYSE stocks, which I think refers to when traders boom and then cancel. I've been seeing this type of thing in NASDAQ stocks recently. Is this technically illegal? -T.B.

Last I heard, SEC fees were slated to DECREASE in December or January by something like 15-20%. Is this still in the works, or am I just dreaming? T.B.

PLEASE READ THE FOLLOWING POST FROM LAST AUGUST, AND MY RESPONSE FROM YESTERDAY... -T.B. Quote from dnaj65000: Joeboy, Supply and demand is viewed in realtime through the bid and ask size (on Nasdaq Level II or NY Open Book with a 10 sec delay). However, realize that MMs and other...

Hi - regarding your NXTL example, I see that kind of thing all the time in NASDAQ stocks. Specifically, orders being put into the system that effectively create the illusion of supply/demand (even if deceitful illusion is not intent of the person who entered the order). That kind of "fake...

Just curious - historically, when prop firms have gotten in trouble for anything related to trading violations, have the individual traders had to pay fines or anything? I think Heartland got hit with some fines in recent history. I wonder if any of the individual prop traders lost their...

I agree with you. The SEC fees are outrageous. I heard they're supposed to go down by 20%. But when? I don't know.

In your collective experiences, can there be a prop scenario where the trader puts up some initial money, but that money is NOT placed with an LLC. Instead, its placed in an entity that would be separate from the claims of creditors (obviously, such a structure would have protected the Worldco...

Someone said that Echo is "offering 100% payout with very low commissions". Without breaching any kind of confidentiality agreement, about how low are their ticket costs?

Isn't there any other way to give the prop firm the capital they ask for (even if the prop firm is an LLC), without exposing yourself to the Worldco risk?

Does anyone have any insight regarding the software reliability and the general business at Sonic? Given the demise of Worldco, I wonder what the future of places like Sonic and Andover look like...