Search results

  1. C

    cheaper trades??

    http://www.sogoinvest.com/Home/Pricing.aspx It's a division of Genesis Securities.
  2. C

    Citi to enter retail market

    My bad. Meant FDIC, not SIPC. Honest mistake. What you put forth would be good for all those who want that CONVERSION ability for their DEPOSIT accounts, the JZ's, faux important people, etc. But as a TRADING account in a bank, which is what was put forward in the OP, what may confuse...
  3. C

    Citi to enter retail market

    Any fx accounts opened at Citi would not be covered under SIPC coverage, just like their other investment offerings are not covered. The benefit tho would be that the odds of Citi pulling a Refco are low due to their capital and deposit base. Open a real currency account with any of the big...
  4. C

    Bp

    I'm curious as to who gave nyx 160:1 leverage for his trading. He mentions his deal but doesn't put forth the firm.
  5. C

    Bp

    Hold requires series 7.
  6. C

    Bp

    Take some time and read thru these threads. You will find the answers you seek, such as not all firms split profits if you are using your money and only "renting" the buying power from the prop shop. Read the threads. Do a search (link upper right). Most of the answers you will need are...
  7. C

    Citi to enter retail market

    Saxo is not an ECN platform, it is a dealing desk. But I can't imaging Citi white labeling a platform from such a small outfit, but then again, there is DBFx. Penson currently white labels this platform, but this I would expect from a house as small as them. BTW, Citi is one of the larger...
  8. C

    Bp

    IB's margining rates are REG-T, which means max 4-1 intraday and 2-1 overnight for equities. In order to qualify for portfolio margining, you have to have 100k on deposit. That means for your 50k acct, you can get 200k buying power intraday and 100k overnight.
  9. C

    New IB Accounts

    I recommended IB to another who wanted to start trading based upon products offered, commissions, and account minimums. It was pointed out to me that IB now requires a 10k minimum to open an account. I said no, it's 5k. It was even backed up by def in a thread a while ago. But he pointed it out...
  10. C

    Using Oanda - What charting do you use besides Oanda's ?

    Yes. Download the software from them and sign up for the demo thru the platform.
  11. C

    Using Oanda - What charting do you use besides Oanda's ?

    try metatrader4. you can get demos from all over the place (strategy builder keeps it alive for a year, not 30 days). while it is not tick for tick w/oanda because they are different vendors, it is good for charts 5min or greater. you can do a sh tload pf studies on it. it's even good for those...
  12. C

    Moving my automated trading offsite

    If you are looking for a dedicated server the cheapest i have seen begin around 100/mth (for linux) and 120/mth (windows). The 2 best prices i have seen so far are GoDaddy and 1and1. I currently use a Godaddy for VN and 1and1 for dedicated. To get co-location of your own server, look to start at...
  13. C

    Is the AMEX next?

    http://www.amex.com/amextrader/membership/seatPrices/seatprices.jsp
  14. C

    SRO's

    i am setting up a b/d and need a little advice from those already there: which is the better type of SRO for membership - an exchange or the NASD? What would be the differences between exchange membership and NASD membership? I know licensing is about the same, but what would be the...
  15. C

    Is the AMEX next?

    AMEX used to be owned by the NASDAQ but freed themselves in 2004 after 6 yrs. Don't thinkthe NASDAQ will revisit that anytime soon. NYSE has never expressed an interest in owning their poorer cousin. If their option business were more relevant like it was yrs ago, they would be good for the...
  16. C

    IB midnight reboots (Eastern time)

    I think someone here posted a ping test and it was something like 15ms us server and 250 ms hk server. Granted, we are talking a fraction of a second, and for most people that's not an issue, but there are some arb'd traders that ned that time. i think you notice it more if you are trying to...
  17. C

    IB midnight reboots (Eastern time)

    Your account would be on the HK server which means all your orders would then be transmitted to HK for processing. If you are trading Us markets, that would not be a wise move. I have set up a second account with IB according to def's recommendations and will see how easy it is to move funds...
  18. C

    Futures commissions

    For resident outside the US, that's a possibility. But for US residents, no can do.
  19. C

    Futures commissions

    If what your trading falls under the CME umbrella there are various forms of memberships you can get which could lower your costs, and there are brokers who would help you get those memberships if desired (Velocity and vCap are 2 that I know) IB won't help you. But you don't need a broker to get...
Back
Top