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The data feeds are the same. The exchanges give a discount to non-pros. If you want better charts, there not free or cheap. E-signal is worth a look when your ready to pay for better tools.

The CBOE list of complex orders. http://www.cboe.com/cob/cob.aspx

If you're not sure what to do, take off half.

The CBOE and ISE both have a complex order book. You will need a platform that allows you to enter your orders into the complex order book, usually up to 4 legs. A marker maker either on or off floor, or another customer, will do the other side of your trade if it works for them. You can't get...

I assume you're referring to the Market Access Rule 15c3-5. This will be a temporary issue that time and money will solve.

For a college education with the highest probability of finding internships during school and jobs opportunities after, there is no other choice. This is where all the jobs are. Also, these skills are portable to other sectors of the market. I would also try to be located in a city where the...

Wow...thanks

Computer Science. Check out NYU: http://cs.nyu.edu/webapps/content/academic/undergrad/majors

I'm not familiar with the term CFD's. Could you explain? Is that another term for pairs trading?

Maybe you should implement the original position you want, but trade smaller so the risk level is reduced, rather than complicating a simple approach? You want to be long CL, buy it, set a stop. If that is still to risky for you, don't trade futures, your not ready.

November 30 is the new date for compliance. But the firms that spent the time and effort to comply on time, have started to implement changes. For "high touch" trading, you should not see any lag. For automated trading through a "sponsored route", which normally takes advantage of Low-latency...

I'm not sure about futures. For the Equity and options market, the SEC wants the Prime Brokers to be responsible to make pre-order trade checks. So, before the order is routed to the exchange, they have to make many checks. Some of them are for the size of the order, others have to do with...

I don't know what the fee was then but the fee currently is $19.20 per million dollars but only on the sell side. http://www.sec.gov/news/press/2011/2011-102.htm

This is because of the "Market Access Rule" that started today. It has to due with risk checks done before order entry as mandated by the SEC.

Unless you believe your volume will change the opening, I don't see why the opening price would not be accurate.

In general, this strategy is used on low priced, slow moving stocks that trade high volume. Citibank before the split would be the best example. You must use limit orders. What matters is the price you bid/offer compared to the current market. However, in your example, you could either bid 82.03...

You will require a broker that will give you Direct Marker Access (DMA) to the ECN you'd like to send your orders to. Then you need an agreement with that broker to pass the rebates back to you and commissions low enough to take advantage. As for strategy, your on your own. If you route orders...

You have to have access to the OPRA data feed.

IF you need an API for options, we can offer Sterling Pro with an API.