Search results

a few things to consider: - how certain are you that you want to trade and that you will excel if given the opportunity? it is a hard gig. At GS you would be exposed to top notch people and ideas in many areas that you might find as or more interesting. - how easy or difficult is...

What on earth are you talking about? Which part of my post even remotely sounded like a recommendation for a service of any kind? If anything my post suggests a reason that the service I asked about may not be useful for my trading.

Looks like they execute most, not all, of their order through Lehman, which is probably where they are getting paid. I don't know how good Lehman is at execution, but it doesn't take much for a market maker to cost you more than a straightforward commission. It looks like you have the option...

Thanks for the post. I have been trying to find specific, detailed information on how different dark pools operate (order entry, negotiation, fees, access, etc.) without much luck. If anyone knows a source for information beyond generalities, a point in the right direction would be much...

Some of the more interesting studies I've read have found a strong inverse correlation between competence and confidence across several disciplines, e.g, mathematics, language, humor, medicine. Bertrand Russell may have been on to something: "the trouble with the world is that the stupid...

Any interesting specific examples or generalities to pass along?

Sb, I agree that in most cases smart routing is a good option. There are some others, where I would want to direct: to BOX for price improvement or to CBOE after an indication of the market for a larger size transaction. Also, I have not routed to AMEX or PHLX for years even when they had...

Thanks for the feedback. Does anyone know whether the flat rate applies to directed orders, i.e., choosing to which exchange I route?

Looking for feedback from clients of the broker OptionsHouse, quality of fills, software, ability to place self directed orders. Any input is appreciated. Thanks in advance.

Thanks for the follow up atozcom. Interesting that yip1997 wasn't able to get fills at the mid, but I'm sure if varies by market. When you ask for a quote, or where an order will likely get filled, and TOS calls the Pit, how much size is quoted on each side? Thanks again.

atozcom, Can you tell us a little more about asking for quotes from the pit? Specifically I am wondering: - do you typically ask for "a market" on the spread, as opposed to asking for the bid or offer? - how do the markets quoted compare to the bid/ask spread quoted electronically for...

Chanster, Did you ask TOS to match IB's rates, and if so did they include a fee for cancelling orders or self directed orders? Thanks.

I would appreciate it if responders could also compare routing options for options with each. I tried to find info. at TOS's site on direct routing, and could only find references to a smart routing system, and I'm wondering whether direct routing of options orders is allowed and easy, and...

I've done a fair amount of hiring, and given your education and experience I think you've done a pretty good job. There is some good advice above (e.g., to nix the "extremely exclusive" bit) but generally the letter and resume are concise and read well. Consider including the mentorship with...

Hi, Does anyone know of a spot to get time and sales or tic data for the first minute of regular hours trading in GOOG on 8/30/2004 for free? Strange request, but I am having trouble reconciling some data sources I have for minute data. Thanks in advance.

Hi Def, Can you explain your response? I suppose there could be more to the story than what appears in the other thread, but at face value it is worrisome. With very few exceptions, every problem trade (out-trades, miscommunication, broker error, etc.) I've ever had has been resolved with...

kowboy, If you don't mind sharing, what is the source for the quotes you are comparing to IB's L2? PM if you prefer. Thanks.

My background is institutional trading, and I had been impressed with what I have learned about SinkorSwim. Though I was thinking of opening an account, this announcement give's me serious pause. I looked over ITool's website and was not particularly impressed that they are offering...

Huskydog, If I am reading this blurb from the NYSE right, when an LRP is hit on the NYSE it changes from a "fast" market to a "slow" market: "In general, auction representation dampens volatility and lowers trading costs. Liquidity Replenishment Points (LRPs) convert the market from...

Chaos, Thanks for your reply. I did not see the posts that were deleted, so I don't know the nature of what was posted, but rather trying to figure out why this is different than the other prop arrangements described on ET. You are right that many managers have some portion of their net...