Search results

The main concern would be to avoid brokers who offer MM services (or prime brokerage services?), and to avoid brokers who get paid for order flow to certain MM's--at least for situations like the one I mentioned about short positions.

Which broker & clearance firm?

Why volunteer to add more restrictions against customers?

Who is it that has this capability? Any prime broker? Or only the MM (which in the case of NYSE stocks means the specialist)?

So you are saying that if you're dealing with a stock with a huge short position & the shorts are feeling a bit pressured, chances are that they pass their burden on to the MM or MM's. This is of major significance, because if you are opening a long position (and especially a big position) &...

This is real serious information for traders, and the person who told me about this was quite definite about what he was saying. It's surprising that so far nobody knows anything about such a serious thing.

Takes 5 days; also, I don't think it's smart just to give up one's merit unnecessarily. The real question is if IB blundered.

Ok. The broker is IB.

The broker is self-clearing. Are you sure it's the clearance firm, and not the pattern day trading rules?

Does this make sense that it's not sufficient to have $25k in your account "at the time of" the trades--rather, if you are a day trader, then anytime within the next 90 days if you wire out funds and are left with below $25k they freeze your account?? Please confirm if this is what's supposed...

Is it true that shorts are able to make a deal with the MM's to accumulate shares for them which they then pass on to the shorts for a certain mark-up?] i.e. they are often "at work" for the shorts? Aside from confirming this information, would appreciate if someone has a website link about...

You and dumbgai contradict each other about TD Ameritrade real time updating.

I sure wish Elite Trader would adopt more strict rules with profanity. The name Elite Trader gives a feeling of class, and attracts traders on that basis; I feel profanity belongs more on Yahoo than on Elite Trader.

Someone suggested the following difference: "Server held means that the orders are on the server. You can shut off your computer and walk away. The order will still be on the server and will execute if the conditions are reached." "Client held" is where you must be logged in. Can anyone...

I know if an OCO order is held at the exchange then you dont have to be logged in for the order to go thru. But what if the order is server held? When does the problem apply that if you are not logged in, the OCO order won't go through? Thank you in advance.

I would like to share the following incident with TD Ameritrade & protest how this is handled. As I mentioned before my trading partner places large block orders, and I am able to monitor his orders on Level 2 from another platform. It has now happend several times that he places a large...

I don't believe the 9k shares was the specilialist's order. I believe there must have been about a dozen orders of various parties that were "cancelled" from the system at the close, with that one order at $1.42 being granted "favorable treatment." The WHI story seemingly shows it has nothing...

All you have to do is become Jewish & then you really start making money??? :confused:

Would this suggest EVERYONE between 1.15 & 1.23 placed day orders as opposed to GTC orders? IMO, highly unlikely. Do you agree with my point?

After further review, you're right, this was not an example of the syndrom I was trying to show. However, yesterday's close with WHI definitely was.