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Put up a real poll.

Isn't it interesting that none of the larger prop firms are doing futures very much....Bright, Echo, Swift, Shoney, Assent, etc. ? Good reason: There's no money in it for them.

Well, this makes sense given the fact that interest rates are about half of what they should be thanks to our beloved Fed and the cooperation of the other world banking systems. However, this liquidity bubble won't burst until someone blinks first...that would be "helicopter Ben", and he ain't...

All of the "head faking" gotten to you then ? (Level II is so bogus....I don't watch it anymore.) Or was it the nano-second trend length ?

See prior posts.....IB is the McDonalds of retail brokerage.... low cost = low numbers of personnel. For instance, there's ONE GUY testing the API. Best for you to move to the Bloomberg platform...rock solid....$1800/mo with 2 year min contract. Autotrading component licenses for $100k.

Good idea. However, what about compensation ? How would that be determined / computed ? 1) pooled P&L 2) individual trader P&L 3) combination of the above 4) salary 5) small percentage of AUM 6) formula using all of the above

SIRI ? OH WOW, you were so fooled by Cramer and Mel Karmazon !!! Cramer was mombo bullish on SIRI about 18 months ago. The hype was incredible....and so was the bullshit.

It is so totally ridiculous that the CFTC is even considering to allow the CME to merge with competitors.....absolutely outrageous given this entity has become nothing but a "printing press" for profits. Merger = higher rates for traders. BEND OVER, BOYS.

Agreed. Article was way off base even mentioning Leeson and LTCM. Those were people making the trades. People will make mistakes, machines will make mistakes. As long as markets remain liquid and freely traded, there will be equality between the big losers and big winners whenever an "event"...

Really ? Let's see...IB has now IPO'd. Would they have been able to do this without the proper accounting ? The NFA is starting to look like the SEC and CFTC....trying to justify their pathetic existence. USA: Too much regulation, too many regulators, too many agencies....time to move to...

You can't be serious. TWO BUCKS ? Was this on the NYSE ? What was the average daily volume for the stock ? I have heard of a case at Interactive Brokers where an errant API stop order to Sell was $10 under the market and the specialist took it down there and filled it only to have the market...

EXACTLY. Imagine the tens, no HUNDREDS OF THOUSANDS of unemployed tax accountants and the like. The devastation of the IT consulting business over the past 5 years would be nothing in comparison. I don't know who's involved or heading the accounting lobby, but they're doing a fantastic job...

NOT TRUE FOR NASDAQ STOCK BUYERS. They're still down 50%.

whew, twas hot and sticky....but the halters were plentiful ;) Other than the $200 bar bill we ran up, it was great !

I'll be honest with you...."with integrity".... I don't think it's possible. I was with a Prop firm and we got almost <any> shorts within 30 minutes. However, I don't believe they were "following the rules" regarding offsetting capitalization and risk. Of course, when I tried to leave this...

OK, then, here is the count: surf syswizard stkwiz jmoo jbingo jango (maybe?) Hard to believe we can't get more traders than this from this metro area.

Whew....forgot to mention.....the weather is really cooperating...we should be seeing a LOT of halter tops tomorrow evening.

Ok then, this is looking good....but what about PhillyFlipper and JangoFolly ? How do we identify each other ?

I'm coming....if someone else does....

But it's kind of crazy....Java was meant to be transparent to the operating system.....it looks like IB is doing some conditional coding based on the O/S.....not good, not good at all.