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It only works if the market is well under pricing near term movement in that symbol.

What software and FCM do you use to route to the CME?

Correct except the are are a few option dark pools and some are based on a RFQ. Printing the trade on an option exchange is easy, but the trade was agreed to pending exchange reporting.

First I want to tell you how upsetting your member name is to me as now all I can think about at 5am is having a Bacon Sandwich! IMO, after being in this business since 1981, the difference between a successful trader-retail or otherwise-is process. They focus on having a process in place to...

Each software is different and your ping times will vary based on your location and internet providers. The fastest would be the Lime Trading Gateway-this is rated ultra-low latency and used by other broker dealers, hedge funds and prop firms. This is a hosted solutions...

Sorry, but I completely disagree. Professional/Institutional/Hedge fund traders rely on predictive models of one type or another based on some type of data set. That data set can be anything. Their job is to predict what the markets will do and how that stock or basket will react.

Securities Trading: Principles and Procedures http://people.stern.nyu.edu/jhasbrou/TeachingMaterials/STPPms12a.pdf I think learning market structure is important, but there is no reason you need to have my knowledge level to understand the best way to implement a strategy. Spend more time on...

Try and google university pages for each term. Like this one at NYU. NYU has a number of papers on market structure etc. Dark Pools. http://pages.stern.nyu.edu/~jhasbrou/Teaching/POST Draft syllabus/powerpoints/darkMarkets.pdf

Here are the routes that we offer on Lightspeed Trader with fees- https://www.lightspeed.com/pricing/routing-fees/ Here are NASDAQ order types-start with this- https://www.nasdaqtrader.com/content/ProductsServices/Trading/OrderTypesG.pdf You can google for the other terms. Best execution is...

ECNs show technical information on their website. IE https://markets.cboe.com/us/equities/support/technical/ Dark Pools do not publicly choose to market helpful information. DMA is Direct Market Access-that is just access to each exchange and ECN. I do not know what SOR is. What do you hope...

You did not ask for that. Your question was too general.

$15/strike.

My boss at my last firm asked me to read this. Dark Pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market

In general - Harder and you have to deal with both the NFA/CFTC and the SEC.

Ok, why are you asking? Are you looking to manage futures accounts as a registered CTA?

For futures, you are going to need to be hosted at the CME data center and I doubt IB has a solution for that. TT FIX would do it. You just need a broker/FCM that offers that. Wedbush futures offers TT FIX. As for equities, you will also need to be hosted and subject to non-display fees. $300...

Define low latency to you. And, they are different feeds.

Good question. The broker that the CTA uses for execution needs a process in place to know what limits to apply for all account they manage. The custody broker needs to approve the CTA and has an expectation of the strategy, typical margin used and how they can contact them in times of stress...

To my knowledge, only IB pre-trade allocates and very few CTAS use them after they start because it's not scalable. The client would see the trades live as they are executed. If you go to Wedbush Futures, INTL FC Stone, ADMIS, etc...dedicated FCMs that support CTAs, they block trade and "give...

What broker?