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Professional Margin rates of 10-1
Our rates are $.03 down to $.015 cents a share. At our highest rate 500 shares would be $15.00. At our lowest rate 500 shares would be $7.50-no ticket,ECN or MM fees. Commission rates alone should not be the only factor in selecting a direct access brokerage firm. Since leveraged firms...- Gene Weissman
- Post #13
- Forum: Prop Firms
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Professional Margin rates of 10-1
I just wanted to set the record straight on Lieber & Weissman Sec., LLC. Lieber & Weissman,Bright,Van Buren and several other firms offer leverage on capital,Broker Dealer margin on overnight positions and services for professional traders. A Series 7 license is required for membership in these...- Gene Weissman
- Post #11
- Forum: Prop Firms
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SHORTING BROKERS
Spear,Leeds & Kellogg(SLK-clearing firm) is one of the largest clearing firms in the US and the largest stock specialist on the NYSE. I would say their short list is probably the largest in the industry. Most "Direct Access Brokers" who clear through SLK use their proprietary software...- Gene Weissman
- Post #5
- Forum: Trading