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Also Charles Cottle's books are excellent. Some might say they are not exactly on market making but they are essentially about the basic mechanics needed to make markets, and in much more detail than other books I have read.

Re "adding additional members" they are required by regulators to make sure that there are not undisclosed additional participants in the account - that would be a good way to launder money etc.

Thanks 2rosy and stevegee58 for the ideas, which I like and agree with! I will proceed along those lines.

Note this part: People need to be aware that there can be *severe* consequences to lying about your financial condition on an account application! Admittedly here the guy was a broker but the same principle could apply to retail traders too if they were naked short and their account...

Where are the best opportunities for an experienced independent software developer with his own small company in the API interfacing space? These could be new extensions of trading platforms that I would develop and market, or else possibly custom development services. For example...

He just puts that at the end of all his posts, like a signature. It is not a reference to the current discussion or to anyone in particular. He is not applying it to specific posters. I think you took it personally but you should not. It is just a useful reminder of the challenge we...

FIX is not really standardized and you would have to have custom implementations for every broker anyway. Most brokers charge certification fees before they allow you to connect via FIX. So all vendors, even the open-source ones, charge extra for each FIX adapter per broker. So using FIX is...

They seem ok to me but they basically I am looking for any way to get the Saxo platform (which is the richest in markets and instruments I have ever seen) at a decent commission scale for use my me as a secondary broker, so that I can trade obscure instruments and countries. I spent some time...

Not at all and I did not say that. White label means Investors Europe's platform is a "white label" of Saxobank's platform (including product offerings). Same product but different product name and offeror. There are quite a few banks around the world that also white-label Saxo's platform...

IB is fine for futures options except their margins are modestly higher in a few cases. You will just have to work around this by using spreads rather than naked short options in some cases (which is safer anyway). As for tick data, that only matters for people who absolutely positively have...

Yes they are. We have been through this DDT web site discussion over and over and over and it is simply a purely functional web site which has much more information than other brokers' sites. They clear through Crossland which is where your funds are anyway. But it will probably be the...

I am aware that this may be another April 1 joke, but just commenting on this part: The original equity and bond holders did take the first hit. They are down to zero so next they go to the uninsured depositors. That exact same process has taken place in the U.S. when the FDIC takes...

See if http://www.interactivebrokers.co.uk/ will accept Romanian residents. I suspect they will. If not, if you are a U.S. citizen or green card holder, then possibly you could maintain a residence address in the U.S. since you will still be paying taxes to the U.S. anyway. (But you would...

I do not know as I have not negotiated with them yet, but here was an email I got from Investors Europe: "Worried about rates? Dear Investor, As a quick reminder to our previous email, this is to let you know that we can match or better your rates, depending on the amount you open...

Also if you email them and ask about accepting Canadians, you may get an incorrect answer because a lot of junior broker staff do not understand Canada and provinces etc,, and you are sort of asking a question that cannot be answered as such. They may have a chart that says Canada (except as...

I wonder if the fee is negotiable?

Saxo's retail fees are very high but professional and institutional tiers are completely different. Also try Investors Europe which is a white label for Saxo and will match rates even if Saxo will not. Investors Europe can even accept U.S. clients (via the unsolicited client exemption in...

Probably some just find the situation with the different provinces too hard to deal with. Which province are you in? If it is BC nobody will accept you. If Ontario, many well. I know because you can find the form on some of their web sites.

Try RJO Canada. For U.S. brokers, it does not depend on whether you are in Canada or not, it depends on whether you are in a province like BC that forbids foreign (US) futures brokers from accepting its residents, or one like Ontario that allows it with a waiver signed by the client. Most...

They generally refer inquiries to the many brokers that offer their platform http://www.ctsfutures.com/customers.aspx (for example Crossland via http://www.deepdiscounttrading.com/ ) but you can alternatively use Cunningham Commodities if you want: https://www.cunninghamfc.com/