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The option markets offer "customer priority". Customer orders go in front of firm/BD orders. To my knowledge, neither option nor equity markets allow you to query your place on the book. Also, on the NYSE, the "members" or whatever they call them now, get a match with the order book. So even...

IMO, size does matter. Building a track record with $25K will not bring in investors. Depending on your target market, you need some reasonable size account for it be be interesting. That value will be different for every strategy and investor profile. I agree with your other comments. Have...

Just gambling, wide markets, no edge. IMO, stay away.

Take a position in a stock that is illiquid. Then post that you have a position. 200 members of a trading room that follow that trader, then jump in while that trader unloads his position into the demand he created. Pump up the stock then dump it...

My concern about these trading rooms has always been that they are "pumping and dumping." I would stay away.

I t would help to know what you mean by "institutions." Are you referring to prop firms, hedge funds, market making firms or larger bank/brokers like GS?

Perception. All of the metrics you can think of have more or less weight from day to day, but IMO stock prices trade based on the perception of future value. If any one metric or combination were that important, share prices would not vary so much from day to day as little new information is...

If you are asking if there is a way to query your platform to see how many shares are ahead of you on the order book, that's a good question. I don't know if he exchange offers that ability, or if there any platforms that have the ability to respond. I think it's something that the exchanges...

I read it too. Good read, but very one sided, IMO.

Do you really feel you're getting better executions that way?

This would be the first time I've seen someone wanting to join a prop firm for a common piece of software. If that is your only requirement, we offer Silexx OEMS which has a ladder for equities and options. We also offer sterling trader and REDI, but I'm not sure if they have it. If don't know...

Not sure about the Canadian Operation but yes, T3 bought the "trader base of WTS Proprietary Trading Group." The language is a little odd. http://www.prnewswire.com/news-releases/t3-trading-group-llc-acquires-wts-proprietary-trading-group-llc-assets-300020562.html Makes you wonder exactly what...

I was referring to the procedure that SIPC goes through. To be honest, I'm not sure if offers more protection or not in a futures segregated account. I don't think it can hurt. Bob

Apple options are very liquid and 1000 contacts will not move a strike more than a penny in the front three expirations. Just leave limit orders out there at the prices you want to layer them at. If the question is with DMA, what exchange to you choose, I would start with the one with the...

I have to admit, that made me smile.

I think it's a terrible idea. Of course a rep from Iowa and Oregon want a financial tax. How about a tax on the farmers? They want to tax what their residents don't pay. We can also save money by stopping subsides to their farms, but that will never happen. We need to keep our markets...

I hate VAR, especially for option trading. IMO, it has very little value. It does not work well in time of stress or illiquid markets which is when you need it the most. Bob

rabidtrader, From past posts, it looks like you have chosen retail accounts that provide low commissions but subsidize them with smart routes and pfof. You need to choose a broker that wil offer you DMA and pass though those credits. However if you take liquidity a lot, those trades will cost...

They just expire in May and you can't role. No big deal.

OK, I just read this: http://www.prnewswire.com/news-releases/t3-trading-group-llc-acquires-wts-proprietary-trading-group-llc-assets-300020562.html WTS was bought by T3. WTS was a "NASDAQ OMX PHLX Member firm." Contact them about your rights and how to file. You will likely be suing T3 as they...