It is their main source. My guess at one point was that they probably pocketed 75k a day in ticket charges. Makes the 280k a month in draws paid out easily worth it.
As far as I know, they cover the ECN charges and thus reap any benefits of rebates. A lot has changed since I left though so I...
This is true of some but not others. I was a gross scratch, not a net scratch. If I was net scratching on the 6 or even 4 dollar tickets, they would've kept me.
I know what you're saying though. I know what they pay compared to what they charge people. Many people in that office are just...
I'm just talking about what happened. I talked about both the positive and the negative. I'm not sure what I could say for it to make any more sense to you. Should I use smaller words?
I wasn't very good at day trading. They paid me 20 grand even though I never actually made any money. That's...
Creditability?
You can believe me if you want, or ignore me if you want. I don't care. It's not like I signed up just to post that. I'm not sure what I said that's all that questionable anyway.
I worked there in 05-06.
It's not the type of place you want to go if you're established and looking for the best deal.
It's the perfect place to go to get started from scratch. They pay you a 2k/mo draw, teach you for a few weeks, and sit you down with a successful trader as his...