With DMA I agree. "SMART" routes can be option dark pools or have an OMS that will not take liquidity on exchanges that charge too much. There are too many variations with option brokers. We have no idea what his situation is.
dtalaka,
If you would like some help with this, email me (Not Private Message) your name and contact information and we can set up a time to discuss your needs.
Bob
Can you expand? What is a "history fee."
when you say "account provider", do you mean your broker?
BATS Fee schedule. Looks like it changes very often.
https://www.bats.com/us/equities/notices/fee_schedule/
I have never used it. I don't have high expectations from a mobile platform. I think they're great if you can monitor your orders and your P&L and adjust prices on orders in your order book. . Anything else will never be as good as a desktop platfrom.
Are they a prop firm or broker offering futures accounts?
What FCM do they use.
On a side note, I have a client using CQG QTrader which come with CQG-Mobile. He is very happy with the Mobile and almost never uses QTrader.
Got it. I assume you are familiar with the pro-customer rule. You can easily hit 390 orders per day with an automated option platform like Actant. Love their scripting but hate losing customer priority and the extra cost of pro-customer. You might also be subject to non-display market data fees.
That was an old question. We spoke after that. I'm going to talk to my firm Monday when I'm back in the office about a proposal for your clients. I've been out for 2 weeks.
Is this a PMA or Reg-T account?
What did Option HOuse used to offer?
In a Reg-T account, we offer Reg-T margin.
In a PMA, we Shock VIX options -25%/+200% for risk. That loss must be less than your equity.
Bob