Also the costs for trading on ECN's has gone way up -- take a trader who mostly takes liquidity are right there the cost is .003 to .004 (for Arca outbound and instinet outbound)
You need a good smart order routing software that will send your order to whoever has the best price -- everyday I am seeing more and more liquidity from the ecns on listed stocks -- People need to look beyond the NYSE -- if their are no ecns on the inside - then send your order to the nyse (and...
This new nasdaq ETF should become a very good trading vehicle -- there will be market makers and ecn's -- it should become very liquid - very fast -- hopefully - they will price it at an expensive price - hopefully $50 or $100 !!!!!
I actually trade a basket of nasdaq stocks -- try to trade them like the futures - the price action has been very aggravating and choppy - extremely difficult--futures moving - stocks not -- I am thinking of going to futures -- can you trade futures ???
I was interested in hearing what kinds of deals people have heard Generic is offering -- capital down vs. no capital down and things like like payout(monthly and year-end), commission and bullets ?? thanks