I traded the spy's today using instinet - pretty good liquidity - although not as tight as Island -- but its only a matter of time before instinet is blackballed.
The whole thing is really a disgrace and insults my intelligence.
Hopefully, the nasdaq will be coming out with their own ETF's...
Are there any equity prop or semi-prop firms which offer both stock and future trading ????
Also - does anyone know the name of the futures trading firm in Coral Springs Florida ???
Heres what happens when you provide a good service and it becomes too successful - they shut you down -- the old boys network lives on -
I loved trading the spy's on Island - it was the fairest and quickest equity market around - no comparisons --
I believe the NASDAQ is coming out with...
what happened to free and open market ????
Outrageous ??? and who is watching the specialists ????
what will be the best way to get a fill now on island ??? a limit order IOC over the market ???
Does anyone know when isld and inca books will be merging ?? and if they will accept mkt...
Fading the open is a very good strategy -- and you probably can make money over 80% of the days.
The important thing is to not get killed those days you are wrong
Again, Dont worry about these guys -- Supermontage will trade right thru their quotes.
All UTP's are eligible to particapate in Supermontage -- the Chicago stock exchange will be -- if AMEX really wants the business --why dont they participate and make their quotes automatically executable -...
Instinet and Island will complete their merger on Sept. 20th.
Does anyone know if we will now send our orders to ISLD or INCA ???
And, since instinet accepted market orders and island does not -- does anyone know if we will now be able to enter market orders to access the liquidity of the...
Once Supermontage starts - Nasdaq will trade thru the AMEX quotes if they are the best bid or offer --- the Amex will not hold up anything --
I also read on nasdaqtrader.com that pending approval - soon any UTP that wishes to quote nasdaq stocks in Supermontage will have to become an...
CAN ANYONE TELL ME IF EITHER OF THESE 2 FIRMS ALLOW PROP TRADERS TO TRADE STOCKS AND E-MINI FUTURES???
ALSO, IN REGARDS TO GENERIC AND ANDOVER -- WHAT ARE SOME OF THE BEST DEALS YOU HAVE HEARD IN REGARDS TO PAYOUTS AND COMMISSIONS ?? PLEASE PM OR E-MAIL ME -- THANKS
Can a trader receiving a K1 deduct -- health insurance premiums from self-employment - which is line 28 on the 1040 form -- under adjustments to gross income -- or because we are not paying self-employment taxes are we not entitled to his deduction -- and can we only deduct health insurance...
I heard generic has a new software package for actice traders called LAVA -- does anyone know about and what kind of deals people are getting -- commissions, payout, etc ... thanks
I dont know why anyone is wasting there time with the specialists when trading the spy's - the real market is ISLD - but I agree, in momentum you can use the specialist to your advantage !!!!
I love trading the SPY's -- my software allows me to get a level 2 with combined ISLD and INCA SPY quotes -- then I send a smart order - and it sends to whichever one has the best price -- very thick - fast fills -- the only way to trade them is thru ECN's !!!
Thank god the Amex was given a temporary order to stop trading listed stocks.
This past week I traded ESRX on a positive news story -- AMEX was siting there on the ask with huge size and no one could hit them - they held up the stock for a good 30 seconds --
Whats the deal with them...