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Last time I spoke to them they require a minimum commissions per month of $10,000. That might be higher now.

We introduce to Wedbush (Medium sized) and ADMIS (Also Medium Sized but a sub of Archer Daniels Midland). I don't know anything about the size of your account and what swaps you are looking at. I suspect that Cash Fixed income would be in a securities account not a Segregated Futures account...

You are making this claim not me. I have NO idea what you are talking about. All locate requests are electronic and the department that monitors them has no idea who the client is and does not care. They either have stock to offer or not. The Clearing firm only see an account #.

Which question?

Finally I get to agree with you over option pricing ......can you PM me with more specifics of what you are referring to with some class difference with locates and borrow rate?

None of this has anything to do with what broker can get good locates. That being said, your reference to Citibank is a rare case. The stock was part of a large convertible preferred arb that was trading at an enormous discount due to daily buy-ins of failing short stock deliveries. Citibank...

I think I have enough knowledge on this side of the buiness without reading that. Do you think that equity MM make markets by pointing and clicking or answering phones? It's all automated with PFOF.

Play smaller if you think the market will fall.

What you are talking about is the specialist system on the NYSE and AMEX. They are called designated marketmakers now. It's a few high-frequency firms that make all these markets now. Nasdaq MM have few requirements vs the NYSE.

Tim, The days of regional broker firms making markets in listed Nasdaq stocks is behind us. Most of the liquidity comes from order routing by retail firms to the names that we call know, polite or not, it is just the facts of today's market. You can judge that, I'll pass. Bob

Are you asking about equity MM or option MM? If there were such a list, what value would it give you? Equities, you can view some on the Level 2 display, then add the NYSE specialist-if there is one-and all the automated HF firms on the street...

I have been in the business since 1981. I have not seen or heard of whatever you are referring to with any broker I have worked for or was a customer of. This conversation is also not helpful with the topic of the question for this thread. Have a great weekend....we will have to agree to...

I did not pick up on that one. If that is the reference, it is just not true and has not been true for decades.

If you are asking about equity options, there are few reasons why you get early assigned or may want to consider early exercise. Here are three. -A dividend that has more value than the value of the put on the same strike. -A stock that is so hard to borrow that the owner of the call uses it...

I liked it because back office and stock loan are not represented by just one ethnic group. If anything, there are still less women in these roles than there should be.

Where you set up is based on where you will take investors from. If they will be US investors, form your fund in the US. If they will be all foreign investors, choose an offshore fund. If you will focus on US listed equities and options, we would be a good choice too. Bob

We have a ETB list for internal use. We have a web tool for clients and the Lightspeed Trader watch list clearly shows stocks that need locates.

Then my response is that I feel that Wedbush is competitive with locates. Adding third party locates makes us better than most retail firms.

In general, asking "short availability for low float stocks under $10" is way to general to get an answer that can help you. And, the list can change from day to day. The clearing firms on the street each do business with each other to accommodate their clients with locates. We can get locates...

Do you have a list..maybe a dozen or so?