Search results

  1. F

    Datek quotes?

    Yes. The streamer quotes are free for >$5,000 accounts. And $15/quarter ( $5/month ) for those with less than 5k account. Very good deal for a backup quotes source and 4:1 margin broker. Fohat
  2. F

    Where's island?

    Island started reporting its market data through Cincinati Stock Exchange instead of the Nasdaq Stock Market earlier last month. "Under the plan, Island will report to Cincinnati all transactions in Nasdaq securities of 100 shares or larger that do not involve Nasdaq's SelectNet system and...
  3. F

    Should I be trading Emini instead of QQQ ?

    canadian_dude wrote: 1. Would it be "cheaper" for me to trade the Emini instead of QQQ? Yes. Since 800 QQQ = 1 NQ, trading NQ will be like trading 800 QQQ shares for $2.40 or less, which comes to 0.003/share or less . This is 3.3 times cheaper than trading QQQs at 1 cent/share. 2...
  4. F

    SuperMontage

    Eldredge, Only brokers that charge extra ECN "pass through" fees are obliged to reflect an ECN rate change imo. They should pass the new ECN fees as well as rebates. Interactive Brokers is not such broker, because IB charges a flat rate of half a cent .005/ per share (+.005/share for the...
  5. F

    SuperMontage

    It's funny how rate increases are usually instantly reflected in the fee schedule, but for rate decreases there is always some lame excuse to procrastinate :"they are to work on it, but it involves changes to their database so it takes time" or "no comment" etc.
  6. F

    SuperMontage

    That's correct. Every broker makes money when their traders add liquidity on Island: $0.0011 per share + their Island ECN "pass-through" fee. In your example, if the broker charges 0.0025, he makes .0025+.0011=.0036 per share for its traders adding liquidity on Island. The name "pass-through"...
  7. F

    SuperMontage

    As of March 1st 2002, Island ECN has lowered its fees by 47% to 0.0019 per share, no per order, no cancellation fees. Because of its lower fees and fast executions the largest ECN Island, will remain a better choice for MMs and traders than SSOES imo. The rebate of $0.0011 per share for adding...
  8. F

    IB webpage

    Try the alternative url http://www.timberhill.com/index.html
  9. F

    Canadian looking for US account

    Tradefreedom is a Canadian EDAT broker
  10. F

    Question for Def

    easyrider, It saves stocktraders the slow step of creating an order line and selecting a route. It allows fastest position entry/exit for a stock on the move, which is not on your IB watchlist.
  11. F

    Where to get E-minis?

    robzxcvbnm, You can subscribe to LiveCharts basic for $9.95 from Quote.com; and add E-mini Realtime for $10 (exchange fee). Thus, you'll have streaming realtime Emini and stock Quotes , T&S and Charts (with size up to 1024x768) for $19.95/mo. (which is in your $10-$20/month...
  12. F

    ECN revolution

    The same way IslandFutures will surpass the other Single Stock Futures exchanges imo.
  13. F

    Day trading in Canada

    Cdntrader, Datek is looking for buyers, an emerging potential buyer is E*trade. What will probably happen if E*trade buys Datek is that Datek Canadian accounts will be transferred to E*trade Canada and forced to pay $27+ minimum commissions per trade. Similar thing happened when...
  14. F

    Accessing MS Excel files if you don't have Excel

    You can use the free Excel 97/2000 Viewer to view Excel 97/2000 spreadsheet files without having Excel installed.
  15. F

    The launch of NYSE Open Book this month

    Recently NYSE received approval from SEC to Launch NYSE open book on January 24, 2002. This will allow subscribers to view the specialist’s limit-order book ! It will show the aggregate limit-order volume at every bid and offer price outside the displayed NYSE quote...
  16. F

    Windows 2000 or Windows XP Pro

    stock_punter, Win2000 is also called WinNt 5. Win NT is simply an "older version" of Win2000. Both are very stable. Win2000 is much easier to install, because it recognizes most of the hardware, for Win NT 4 or lower - usually you have to install most of the hardware drivers manually.
  17. F

    @Def, regarding Daytrading margins for Futures

    For NQ and ES 50% daytrading margin currently is: Initial Maintenance ES $1969 $1575 NQ $2063 $1650
  18. F

    A bill to reduce SEC trading fees passed by the Senate

    The Senate passed a bill to reduce SEC securities trading fees. "The bill will save investors $14 billion over ten years. Currently investors pay over $3 million each trading day in excess transaction fees, according to lawmakers."...
  19. F

    Selectnet

    Vinny1, >If i selectnet preference a market maker to buy for a higher price than the current offer,is it possible to get filled Yes, it's possible. >if it was a mistake on my part on keying the price, what's my recourse? For erroneous trades you must notify Nasdaq within 30-minutes...
  20. F

    IB improvements

    def, Cash balances are updated T+3. Nobody is asking for updating cash balances on realtime basis. What we are asking is for realtime updating of IB software buying power NUMBER (this number is not cash, just a number). The purpose of updating that number is that when daytrades are...
Back
Top