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    Remote ECHO Traders

    So when you're trading remote,do you have to call someone when you want to pull out some profits and ask them to send you a check to your home?
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    Remote ECHO Traders

    Anyone trading remote with Echo care to mention how their experience is going?
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    state income tax

    Vegas is probably one of the best places to live in the country.New,low priced homes,low property taxes,no state income taxes,and warm weather.Not to mention the beautiful girls and oodles of entertainment.If you are a nature lover,you got Lake Mead to the east which offers...
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    Watching the paint dry...

    http://www.hikinglasvegas.com/Photos/Lake_Mead/index.htm
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    INCA in Supermontage?

    If ecn's don't participate in supermontage,where will their quotes be seen and will proactive ecn's still execute against them if they don't participate?I don't know why an ecn wouldn't participate,since supermontage would give their orders more exposure.
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    INCA in Supermontage?

    Looks like INCA is participating in Supermontage...http://www.instinet.com/productnews/supermontage.shtml
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    Series 7 renewal

    What do you mean by grand fathered?Also,does Echo require a series 55 to trade Nasdaq?
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    Series 7 renewal

    It expires after 2 years,but only if it is not held at a firm.It can be transferred if you leave one firm and go to another.
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    Legal Advice

    Trade555,what firm were you with if you don't mind me asking.
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    adding liquidity

    All i know is adding liquidity is when you place a bid or offer and wait for someone to hit your bid or take your offer.
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    adding liquidity

    This is incorrect.When you get ECN rebates,you get them when someone hits your bid or takes your offer.The trader that is hitting the bid or taking the offer is the one that pays the ECN fee.
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    adding liquidity

    Getting an ECN rebate for adding liquidity(placing a bid or offer)reduces your fees.If you pay .01 per share,get a rebate of .002 per share for adding liquidity,let's say,on INCA,your total cost ends up being .008 per share.
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    Trading Journal - July

    I know a friend who is still long AOL at around $85 a share,because the analysts and fund managers advocate long term investing.What a joke.
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    Supermontage!!!!

    Since ARCA and REDI will be combining their order books into one(the ARCA book),i figured ISLD and INCA would do the same.If they do,we hope the matches will be just as fast as ISLD is now.I think after their merger,they might have as much as 40% or so control of Nasdaq volume.In the ideal...
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    Supermontage!!!!

    Do you know what will happen once INCA and ISLD complete their merger.Will they go to one order book?What will their order routing be like then?
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    Supermontage!!!!

    I think the only firm that has direct access to ATTN is Domestic Securities...http://www.dom-sec.com/ecn/ecnFeatures.cfm
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    Trading Journal - July

    Excellent comeback on TYC from being as low as 7 yesterday.Great trades Seanote.
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    Supermontage!!!!

    qazmax,do you know how ARCA and other proactive ECN's will route orders with supermontage?
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    Supermontage!!!!

    If you want to place a limit order on supermontage,you'll just have to use an ECN,like we do today.
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    "Bright Trading"

    I'm thinking of relocating to Nevada which is exempt from state income taxes.I plan on trading remote(at home)with a pro firm that issues K-1's to their traders.My question is will my trading gains ONLY be subject to federal taxes?Also,what happens if a trader deposits $25,000 into an LLC and...
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