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You can still have an LLC, but then simply choose to be taxed as a Corporation. This way if you keep most of your assets in the LLC, you pay only 35% instead of 39.6%.

http://www.entrepreneurrookie.com/blog/should-you-register-your-startup-business-as-an-llc-or-s-corp/ "As the name implies you are financially liable for whatever percent ownership you hold in the company. The more you own, the more you're liable for and vice versa. You're subject to...

You will be double-taxed if you choose the election, the question is how much of the money you can keep in your corp to use it as a cover for yourself without having issues, i.e. you can have the corp pay for housing, automobile, technology etc. expenses and save 4.6% of your income. So for most...

LLCs, by default, are pass-through entities, however, you can elect them to be taxed as corporations if you file Form 8832 with the IRS and file the corporate income tax forms. Then, you get the corporate tax rate of 35% vs 39.6%, and in theory you can keep all your trading profits and expenses...

You can elect to have the LLC taxed as a corporation, if you were to do so, the 35% rate would be kept for short-term capital gains vs 39.6% for individuals. So, it's more about how much in theory you would be able to get by with having in the corporation (and thus saving the 4.6%), but if all...

Let's say your trading entity earns $1,000,000 per annum. You pay the 35%, end up with 650k, and then pay yourself 15-20k for personal expenses like food, clothing, etc. (Is this even required or can you pay yourself less like under ~10k, and put more personal expenses on the company...

So we know that the top tax rate on individuals has increased from 35% to 39.6% in the top bracket, but the corporate income tax remains at 35%. Is it possible to establish a shell corporation, and say have your personal residence as the 'home office', and purchase your automobile (company...

Interesting. That explains how they are able to offer it on the cheap. I'd imagine that alphflash via cqg or tt ($250 a month) has similar levels of poor latency. The other option is to use twitter or a web-scraper.

So, Did you end up picking RTS or ORC?

It's what you see here, but it appears to be DJ commodities news + agricultural news + energy news only through the energy/agricultural news supplements: http://www.iqfeed.net/index.cfm?displayaction=data&section=fees The data is time-stamped and machine readable. There are some other...

IQFeed's latency is about on par with the standard Dow Jones feed that you see embedded in applications like Realtick, CQG IC, etc. So, it still can give you some leverage. Given that Reuters/Bloomberg subscribe to DJ news too and import it into their respective feeds for their clients, it...

IQfeed offers news data (From BusinessWire/PRNewswire/Dow Jones, etc.) through its TCP/IP socket, also historical data for 30-45 days including full-text and headlines. This is at no additional cost to the subscription feed. Obviously not ultra-low-latency, but it still brings an opportunity...

For AlphaFlash (basically MNI directly through DB), the pricing is $7-10K a month. API is TCP/IP, although they also have a cheaper $250 a month service through CQG and TT, but that's not low latency and not comparable. Latency is 7-10 milliseconds, and they own the Chicago PMI number (DB) so...

and for prnewswire/businesswire through the same company, it's around $1500-$2500 a month for each.

From what I have gathered, this is the cheapest service: http://www.trackdata.com/NewsWatch.html Their API is in XML, C++, Java and VB. They supply the NYSE, Goldman Sachs, etc. apparently. It's $1000 a month for MNI news +$1500 for the API (which includes a basic web-scrapping...

QH's QF is in C# BTW. Another one that you might want to look at is 'Object Trading', they simply offer an API (including FIX) for both market data and execution directly interfaced to a variety of exchanges. They also have some limited risk management solutions and they also have co-location...

I've spoken to QH recently, their QuantFactory product is now positioned as backtesting oriented solution only. They even refer their clients to third-party EMSs. Internal Execution latency hasn't been improved in the slightest (still in the millisecond range, interpreted languages like...

Bloomberg added certain trusted twitter accounts to its professional service a few months back before the 'twitter crash'. AP was probably one of them. There you go.

Does anyone have the pricing for Dow Jones/Ravenpack/Thomson Reuters/DB AlphaFlash (basically NTKN+MNI feed) machine readable news? I know alphaflash is available directly through CGQ and TT (probably cheaper), but they also have a separate product that's available through TCP/IP. Keep in...

When you were measuring execution latency, were you using a direct CME FIX connection, an independent TT-FIX adapter or your FCM's infrastructure to execute, etc.? Just want to make it clear for future reference.