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  1. M

    Swift changing the deal

    When does this take effect? And what are they doing about existing traders?
  2. M

    Opinions on Briefing.com

    Real time news? Did someone say Briefing has real-time news? LOL Using Briefing for your real-time news feed is like saying you trade direct access with 15 min. delayed quotes! The only thing it is good for is giving you good exit signals. When the news hits Briefing it is a perfect opportunity...
  3. M

    Rumor - is Mac/Refco in trouble?

    Tha's funny Seth......... F' in hilarious! :D :D :D
  4. M

    Man Financial

    What exactly would be attractive about a company with brutal commissions and antiquated trading technology?:confused:
  5. M

    Any Traders In S.W. Ontario Out There ?

    gobble, gobble
  6. M

    Any Traders In S.W. Ontario Out There ?

    I'm interested in communicating with anyone in S.W. Ontario who is interested in discussing prop. trading opportunities both in house and remote. PM me or just respond here on the board. I am seeking both experienced and in-experienced traders for equities and experienced traders for futures...
  7. M

    Any Traders In S.W. Ontario Out There ?

    Just thought I'd bring this thread back to life to see if there are any traders new to ET in S. Ontario. Cheers
  8. M

    market makers

    Dude you need to take Turok's advice and get some basic education about direct access trading. there are huge differences between MMs and ECNs and some basic education would obviously clear up a lot of you questions. In the meantime however here is a quick primer. ECNs such as ISLD do not...
  9. M

    Why Would IB Want to Prevent Orders On Both Sides of The Market?

    Nitro, let's get a couple of things straight here; First of all enough with the "why don't you become a Specialist" shit. We both know you don't just go down to the exchange and say "ah yeah, I'd like to be one of them there specialists, heard ya can make lots o' money doin it" . I have no...
  10. M

    Why Would IB Want to Prevent Orders On Both Sides of The Market?

    This echoes the reason that my trading has been predominately limited to the Naz. I know that there are a lot of games that go on when trading the Naz but I know that I am competing against the MM's and I think the rules are relatively balanced for the active trader. On the other hand, the...
  11. M

    Why Would IB Want to Prevent Orders On Both Sides of The Market?

    Being a specialist is a good deal because of the rules! You answered all your own questions there dude. These guys make so much because they take it away from the public and the money they make gives them the clout to make even more. Since your signature quotes Newton I assume you are acquainted...
  12. M

    Why Would IB Want to Prevent Orders On Both Sides of The Market?

    So exchange rules do in fact prohibit a person from placing a bid and offer with the specialist simultaneously:mad: . What a crock of shit! This seems to me to be one more reason the SEC needs to break the backs of these thieving monopolies (specialists). It becomes clearer and clearer to me...
  13. M

    Why Would IB Want to Prevent Orders On Both Sides of The Market?

    This is an interesting question. I have actually recently had this issue brought to my attention as it relates to AMEX listings. Can anyone with intimate or near intimate knowledge of this subject (being on or posting orders on both sides of the market simultaneously) give us a definitive...
  14. M

    Illegal Short Sale Debacle - HELP!!

    Dude, glad to hear that everything worked out for you! MACD:)
  15. M

    Illegal Short Sale Debacle - HELP!!

    Some valid points made here and some asinine comments as well. to M I'm am surprised at a couple of things here. First it seems you are surprised by this whole affair... how long have you been trading? When you are trading that kind of size I would think that you would be aware of the...
  16. M

    Is 30% from a Prop Firm fair?

    I have heard they are opening offices in places such as India, China, and some other Indo asian countries. Haven't heard about the plans to pay the traders 5% but that doesn't even raise an eyebrow when were talking Peter Beck. Love em' or hate em' (most seem to been in the later camp) the guy...
  17. M

    Is 30% from a Prop Firm fair?

    I have to agree with a lot of Don's points on this issue. It has been my experience that there are 3 groups of traders when it comes to the issue of trading costs/commissions/payouts. Group 1 : those who have little or no industry experience (prop. or professional day trading) and have...
  18. M

    Market makers : The myth ??

    I trade Naz all day and scalp alot. I constantly see situations where prints (sometimes significant volume) will go off at a level while the quotes do not change at all. The prints are showing trades going off like crazy at that price point and you can be sitting there with a bid or offer and...
  19. M

    Any Traders In S.W. Ontario Out There ?

    Nice touch Canadian dude, love the South Beach thing. I didn't think that anyone other than the "Great One" made it big outside of Brantford. Sounds like your doing alright, wait a minute................... hey is that you Wayne! :cool:
  20. M

    Any Traders In S.W. Ontario Out There ?

    Just trying to get an idea of how many Canadian traders out there are from Southern Ontario. Heck, interested in Canadian traders period. How bout a head count and an idea of how long people have been trading, and their vehicle (trading) of choice. MACD:cool:
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