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It is interesting to view markets during times of system issues and flash crashes. HF MM widen their markets and what is left are a small number of customer orders. Sometime stocks go from 2 cents wide to 8 points wide. No way to avoid them unless you use a dark pools. We have those too but I...

Then that make sense.

I do not know what broker route we use. We do not own our own. Might be ML, Barclay, CS etc. We use many and each route and platfrom can use a different broker route. I can tell you the number one place I add new accounts from is IB. I get no complaints about speed or executions quality. THese...

Where is that? 92ms is a lot if that is in NY, NJ or Chicago.

LS TRader, Sterling Trader Pro, Realtick and Silexx all offer APIs. The only material difference in rates occurs with the per share rate on Realtick. As RT charges us a fee, we can't go as low. This does not affect per trade rates. On LST and Sterling, the default is to turn off MD to the...

No. you need to ping the platform's server. On LS trader our IT guys can do this. On Sterling, it is build in and you can see it when you login. You can also choose a server. I'm in NY.

1mm shares at the blended IB rate: $2450 (I can also offer $0.0025/share with that volume) 1mm shares at $4.50/trade, average order size 5000 shares, cost at LS $900 Savings of $1550/month. That is $18,600 per year. On an account with $100,000, that saves 18.6% on your AUM. You get the same...

Lithuania~Netherlands might be an issue. You After you hit sent, even from across the world it should be fast. If it is not, you should test your ping time. Long Ping times with us come from poor internet with many hops plus the use of poor WIFI. I have clients in Australia, China, Hong Kong...

Then our per trade rate can save a lot.

I would say Future’s. Options require more knowledge and take longer, but options on future’s would be next, after you have a process for the future’s.

What is your average order size? If you choose per trade rate with rebate trading, it can be credits. 4.50/trade up to 10,000 shares. Add liquidity on Nasdaq on 5000 shares is a $10 credit for a net credit of $5.50 before Reg fees.

I'm not familiar with Rival but I am with Spider Rock. When you enter a Vol order with or without a hedge (Buy 500 XYZ July 200 calls 31.3 Vol, it will cancel replace as the stock moves. I used Actant Quote. That can do bulk messages but exchanges only allow BDs to do that with equity options...

You are taking the risk of a position the following trading day while when long, you have 100% control in equity options. The CME got rid of exceptions on many symbols. They call it Contrary Instructions. https://www.cmegroup.com/clearing/contrary-option-exercise-instructions.html

If a MM or customer is long that put and can buy stock below the strike, they can then file the exception and lock in a profit. A customer needs to have the available margin to enter the stock order.

This was my thinking. Both the PSP, IRA, Roth IRA all let me do the same investing, trading etc. They all accumulate tax free until I take out money except the Roth. The Roth after 59.5 allow me to take money out tax free. I expect to work until at least 65 years old, maybe longer. I have no...

Who. An example of a bulk or mass quote is sending one message that changes 300 bid/offers. I was able to do this as a member of the AMEX. You need to be a member to do this. I'm not aware of any option exchange that allows a priority customer or professional customer to do this.

If your broker provided you the assignment, then we in this forum have no reason to tell you this is not real. OTM options are often assigned when the stock crosses the strike after hours. Most brokers accept exceptions after hours. I think our cut off is around 4:45-5pm ET.

I converted my profit sharing plan over many years to my Roth, The conversion for me was taxable but I did it in years where my rate was low. On a side note, we do offer IRA/ROTH IRA/401K type accounts, futures accounts with the same margin as other accounts, as long as they are open through a...

PTS, the owner of Sterling Trader Tech was audited by the NYSE and was forced a few years ago to be compliant with non-display fees. That policy requires them to report any API with open market data. Because of that policy, our default is to disable market data to the API on Lightspeed Trader...

That occurs when a stock goes up, IVol drops, so OTM calls often do not match their delta. Then you have to take into account decay.