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Can you (or anyone with access) post the relevant parts of the article?

Do you have a link? I can't find any articles about this.

On minimum commission charged. If you are trading anything greater than 100k lots, your calculated ciommish will be greater than that, so minimum would not qualify.

It's $2 per $100k of trade value. When you trade a 100k USD/JPY lot, you are trading $100,000 worth of JPY. The referenced base currency is the first one. Now, on my referenced GBP/USD trade, a 100k lot is 100,000 GBP (at exchange rate of, say, $2.01, the trade costs $201,000. Again, the...

http://www.mediabistro.com/tvnewser/cnbc/bowling_for_eric_with_lawyers_65849.asp

C'mon, this guy is angling for larger media exposure.

http://individuals.interactivebrokers.com/en/accounts/fees/commission.php?ib_entity=llc $2/100,000 USD per side. Ex: trade GBP/USD 100k lot (assumption GBP=2.01) so value of trade is $201,000 * (2/100000) = $4.02 per side or $8 rt. Full breakdown of commish can be found at link above

When you can find 0-1.5 pip spreads on the majors on IB, then yes, their spreads suck. Just a reminder to all those looking for a Forex broker, remember to do you due diligence on anyone you are going to give money to. Check their NFA and/or NASD records for any disciplinary actions, check...

If you are a European trader you would want to look at a firm like Dukas, but if you are a US trader you would want to find a broker that is NFA/CFTC regulated. 2 popular, low spread firms with relatively low opening account minimums are HotSpot (a division of Knight Trading) and IB. You can...

The last time there was a downturn (2001) there were 2 industries to take it on the chin hard when there was Wall Street downsizing - the restaurant industry and the sex trades (strippers, dancers, escorts). Many restaurants closed shop or changed program, which is probably why there are so few...

MT4 is designed to work with dealing desk data, not raw data from an ECN setup. I know there are a few shops that are promising to have MT4 ECN setup, but no one has delivered on that promise yet. There is an API but you still have to work with a server and admin module - it's not that straight...

http://www.elitetrader.com/vb/showthread.php?threadid=103044

Just using them as prop examples. BTW, Genesis is not that large. If you could peak behind the curtain you might be surprised that there is no "wizard" so to speak. While I like their software and business model, I could easily see Genesis blowing up. If you could compare the financials...

Upcoming Star Wars "remake": http://www.youtube.com/watch?v=BGyGlp8sEHo

Back on topic: local NY paper NYPost: Wall Street fear September 2, 2007 -- NEW York's army of fixed-income traders are preparing for a big disaster - as the mess in the credit markets threatens their highly paid jobs and Hollywood lifestyles. Thousands of layoffs - and a collapse in...

A trader trading with a licensed firm IS NOT protected by SIPC insurance. SIPC is for the protection of retail accounts in the event a firm blows up. A licensed trader who has funds, at say a Bright (the most ubiquitous of the firms mentioned here) does not get this protection. YES, a b/d pays...

If I am not mistaken, TS trades thru Gain/Forex.com (says so in the fine print on the bottom of the page), so look to that broker to get an idea of the spreads you will get trading on tradestation.

In NY, they rely on the tax revenues way too much, and if the revenues go down, there will be public service layoffs. We had it in 88, 91, and 97-98. So look for the same here if Wall Street revenues begin to decline. Plus tax hikes.

Reading thru the papers this weekend and there is the usual whiff in the air about the impending Wall Street layoffs that are coming this fall and winter (Xmas is usually a favored time to let people go ;) ). So I thought I'd start this thread to keep track of displaced as it becomes news of...