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The billing is by firm. If you have a prop group with 100 users, a customer account with an LLC with one user or an individual account, they are all billed the same. When I say billed by firm I don't mean by your brokerage firm, but by the end client. Lightspeed cannot pay once for all of its...

That is new to me. Never heard of the CME taking accounts directly.

Non-display applies to NYSE, NASDAQ and OPRA anytime Market data leaves the display or when there is no display. NASDAQ fees are the lowest of the three. Happy to discuss directly. Some light reading for you. https://www.ctaplan.com/publicdocs/ctaplan/notifications/trader-update/CTA Non...

I got his feeling I should listen to that, but noooooo.

Not sure what you are suggesting. If you trade futures, your account must be custody at an FCM in a seg account. That list is a list of FCMs. You can't just call them and trade.

Yes. He wants to roll from one maturity to another. Sell to close/buy to open, but as a spread.

Not in a broad based index in my 35 years in the business. In 2000, we had one +4.93 day. That is the closest I can find.

Yes, just after a crash.

Do a spread.

With regard to your question, the date is all that is important unless the terms of the contract are different, such are american vs european and AM/PM expiration. If this is an equity option, just look at the date, the description of monthly vs weekly is no longer important.

No. https://www.lightspeed.com/pricing/other-fees/

This is all above my paygrade but I know that NYU has done a lot of work on this. https://vlab.stern.nyu.edu/doc/2?topic=mdls

I expect that if you find that on your platfrom, that your platform is not properly imputed dividend flows in their calculation. There is no money to be made from volatility trading from dividend flows that are known.

Was the money wired or journaled from your account? Where did it say it went on your sheets?

When the monthly option is 3 weeks away, it is identical to a weekly option chain that is 3 weeks away, except the monthly options will tend to have a higher open interest. FYI, they don't create both a weekly and monthly for the same date, so you never have both.

First of all, Hold Brothers and Bright Trader are both prop firm, Lightspeed Trading is NOT a prop firm. We offer customer accounts. We offer ACH at Wedbush Securities. You can't have an ACH from a prop firm because your "account" at a prop firm is NOT your account, but represents your P/L. That...

Not sure what you mean by "reliable". If you are asking about the depth and liquidity of the FX options on the CME, I'm not sure. I have clients that trade FX futures and one that trades options. The one that trades options has a big account and trades everything. He never complained to me. Keep...

IMO, unless you are trading FX at a big bank on an institutional platform, I'd prefer the transparency of the FX futures market on the CME. Bob

I'm old enough that I tooK BASIC, FORTRAN and then COBAL (At NYU-78' to '82). COBAL was much harder and we used punch cards. I agree. The trading platfrom is just a tool that helps you execute your strategy and monitor risk. It does not make you money. With that said, some make it easier than...

I'd love to hear more if you want to share, even privately. Those returns are hard to get unless your account is very small and you are using a lot of your margin.