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It appears that most ECN's are charging $3 to take and $2 rebate to add. I am certain that ISLD, INCA, and ARCA are following this model (except routing away orders). DATA is $3 to take and $1 rebate to add. ATTN & NXTD are in their own world, and TRAC is probably going to be phased out...

Good Stuff !! Banker

I think you need to get someone from your firm to route a line directly to the AMEX. I'm not a techie, so I really don't understand how it is done, but from what I understand it shouldn't take more than a few days. Banker

Rather than complaining about the AMEX.....Why don't you just hit the AMEX ? You actually get some really nice fills if you time it right !!! Banker

Non competes are generally frowned upon by state law and are generally not upheld in most circumstances... so stop worrying about non - competes. A non compete is not to prevent you from earning a living in your industry, but rather to protect the business that made you sign it. If you...

Check your facts and ask people who work there. The people that signed two year agreements in 97-01 was when the market was great. Also they were TRUE employees.... no risk and no upfront capital with a draw. Yep, almost like a real job. Those days are gone..... just about everywhere you...

Head Trader Alert #2002-161 - October 23, 2002 NASDAQ Announces New SuperMontage Price Schedule (Alert #2002-161) Summary New SuperMontage price schedule effective November 1, 2002 Changes to SuperMontage price schedule Contact information Overview In order to position...

There are 8 ECN's and here's what we know so far..... INCA - ADF ISLD - Quoting as an UTP as CINN. This means they are kind of like AMEX in soes now, but you route your order to ISLD. They will be able to lock and cross the market. Neither ADF nor SM TRAC - SM This is clearly the...

I guess that was a dig at the Nasdaq trader, but thats OK. I whacked MO south on the news, just like I hope you took ATVI north on their news. I'll trade AMEX, NYSE, NASDAQ, Coins, stamps, baseball cards.....anything to make a buck !!!!!! Unlike '99-'00, Nasdaq now has less risk/less reward...

That post from ARCA is from July and a lot of things have changed since then. Rumor is they are going in the ADF. Originally it was believed that the ADF was going to be a gravesite for ECN's and the NASD was forcing ECN's to give up some of their revenue. But since some heavyweights have...

Let me explain....... If INCA is in the ADF and they are offering .65 on a stock, they will remain at .65 until someone crosses their book at .65 (assuming it is the best offer on the book). Assume that it is stil there and GSCO bids .70..... the BBO will .70/.65 . But if TRAC is in SM and...

The only way to find out if you will succeed with these guys is to ask them a few simple questions.... (in this order). A. How safe is your money ? B. What is my capital contribution ? C. What are my execution costs ? D. Are there any additional charges ? E. What is my payout ? F. Do I...

All ECN's and UTP's (Amex) will show up in Level II. Since there is no Selectnet, you must have a direct connection to trade with those in the ADF. You can't trade through someone in SM if you are in SM.... but the ADF is like a separate universe. They'll be there to hit in their own...

They might not merge. I am hearing that INCA will be in the ADF and Island will be in the Montage. A dual ECN strategy that will allow them to capture maximum volume. Unlike LSPD and TRAC, soon to be ATTN where ECN's generally don't get paid for an Auto-EX.... Island will. Their prices are...

I don't know anything about Bright cause I don't trade listed, but a $600 desk fee is outrageous. Don't be surprised if he puts coin machines on the bathrooms stalls and you gotta pay a quarter to take a crap for extra revenue. Most firms with that high of a ticket price don't charge desk...

Next month in supermontage, they will both be auto execute ECN's like LSPD and TRAC. There will be no way to avoid them. Who ever is there first will be the liquidity provider. Also, there is no selectnet in supermontage. You are either in SM or in the ADF. If you are in the ADF, you need...

There is no way that you can learn how to trade and be profitable in 2 days let alone 2 months. Pristine is like the 900 number who tells you he has the pick for today's game and for X dollars you can have it. What a crock !!!!! If they are such good traders why don't they trade for...

One down ----- Three to go !!!!! Bye - Bye ATTN, NXTD and TRAC. Those traders who flip stock beware...... if LSPD couldn't get paid at 7.50 per share in an auto-execute platform, what makes you think that an ECN is gonna get $9 or $15. They must lower their ECN price to survive, hence...

This is an exerpt from Securitiesindustry.com ------- Track joined SuperSoes in April, inspired by the then-roaring success of MarketXT, the first ECN to make its debut on SuperSoes, the platform where market participants cannot decline execution and thus found themselves subject to ECN fees...

Where is all the top talent that left Hold trading ? Maybe the top talent is still there and those that left, really never were the top talent. In the bubble it was easy.....Just because you can lift the last offer standing on JDSU and hold it for a few hours or maybe overnight and make 20...