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Nothing is going to happen next week, for any of the firms mentioned, unless the SEC gives an 11th hour reprieve thur night. A forward conversion is a married put strategy with a longer time horizon. The problem is that unless there is some risk in the options strategy (different...

You might not be a compulsive gambler. It might be that you have no trading discipline and you have not learned how to trade properly and are making bad trading decisions. Or you might really be a sick degenerate gambler.... but the only way to know is to answer these twenty questions: Most...

For the same reason you would buy a bullet in a Nasdaq stock. For instances when you just gotta have it.... kind of like PNRA today on the news. If you waitng for an uptick youre never getting the stock until much lower. Banker

Yes it is going to happen... Here is the info, and the url. http://www.sec.gov/rules/proposed/34-48709.htm Basically it means that if the spread is .70 x .80 last print .80. you can now short .71 instead of .80 which is that NYSE uptick rule. Now it will be just like Nasdaq. Listed...

Here is the article you are talking about. You only pay on one side so its net effective rate is 5 cents per 1000 shares. Adjustment to NASD Trading Activity Fee Initial Rates Last Updated: 10/17/02 On Friday, September 27th, 2002, NASD announced the initial rate structure...

What were the problems and how many times have they occured ?

- I have had no problems with ARCA. They have been very reliable for me. - Nitro, just cause IB didn't change your rates, doesn't mean that the prices havent changed. I clipped and pasted the ECN pricing grid from the ARCA website. Call ARCA and ask them what the pricing is if you don't...

Yes.... read the above article to explain how they make money (tape credits). Banker

ITS ALREADY HAPPENED MY FRIEND!!!!!!! .......... ARCA can do what they want.... They are a stand alone exchange. The Archipelago Exchange (ArcaEx) has dropped a bomb on the NYSE by becoming the first major electronic market to eliminate fees for trading NYSE-listed stocks. ArcaEx said...

HDOT is not an ECN they are are a DOT provider to the specialist.

ISLD,INCA,ARCA and TRAC all post their rates on their websites. Generally $3 to take and $2 to add (with some variations for listed.) BRUT,BTRD,ATTN and NTRD do not post their rates. BRUT and BTRD rates start at $5 to take and $2 to add. But there can be volume discounts which bring them...

I still think the NX negates much of the problems encountered and gives us an advantage to steal shares from a big size order. The only problem is NX is for max 1099 shares.

You are so way off on this one. The TE trade today paid for the terminal this month and some. Never would have had without the Bloomberg. Did you get the news in time ???? Unless you have used one...... you have no idea the power of the bloomberg. And if you don't have time to read it...

This post http://www.nysedata.com/liquidity/LQtrading.asp kind if explains it all. Here is an example of the liquidity quote when you get screwed..... which is what we are concerned about. -Lets say the market is .74 x .75 size is 10 x 50 -You NX the .75 and 4 other people NX the .75 -The...

Caliber's post is incomplete................ You forgot to mention the cost of maintaining leverage (or even having the leverage to run a firm) and the risk associated with using the leverage. What if a trader who has all the risk (like Samba says)..... lets say 25k at stake.......... and...

samba Are you going for the record of consecutive posts on a thread ??? Oops.... I just broke the string. Also, Wookie (I run a LLC out of andover 420 LEX.......) are you kidding with this post ????? If you get free advertising .....don't blow it and post a ridiculous deal like that ...

NYSE Auto-Execution Restriction Change may be in store for the NYSE’s Direct+ auto-execution system. The SEC has approved an NYSE rule change that prevents Direct+ executions that occur more than five cents away from the last sale. That means traders might no longer have the ability to...

There can be a small difference if you are that far away... even up to 70ms, but it should be the same whether you were at Andover or anyone else. Everybody still travels over the same fiber lines. I definitely do not notice any difference between JC or Monmouth..... but I am only 40 miles...

I have to totally disagree with this statement. I traded at Jersey City for over a year and did well enough to open my own satellite office in Monmouth County in '02. I can tell you that there is virtually no difference in being at Jersey City or elsewhere. Technology has changed...... heck...