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  1. Robert Morse

    Who is my Counter Party when entering a Credit Spread?

    Spread orders go to the COB-Complex order book on the options exchanges. Most of the time, a market maker trades with you, sometimes a customer. It is executed as a spread, not two legs. After your trade clears, the counterparty is the OCC.
  2. Robert Morse

    Do all Forex transactions save somewhere *central?

    salamanderforex-I'm not an expert on FOREX. It is my understanding that this trades on separate networked platforms. Banks make two-sided markets but there is no price protection from platform to platform. There is no consolidated tape like listed stocks. In fact, the banks have a vested...
  3. Robert Morse

    What song defines you as a trader?

    I'm a big fan. My daughter was into heavy metal in her teen years. I'm not but Disturbed leans a little more toward rock than metal. They fill my playlists.
  4. Robert Morse

    Is there any setting to prevent smart maxrebate from taking liquidity?

    I did not know you were discussing options. I missed that. On Sterling Trader Pro you can direct orders and be subject to exchange maker/taker fees. We also have a SMART route to avoid them, IB does not have. Also, IB tiers their rates and we do not. We do not make you earn your rate each month...
  5. Robert Morse

    Is there any setting to prevent smart maxrebate from taking liquidity?

    We offer an ADD ONLY order type. We do not charge extra. You have a choice of per share or per trade commissions. On per trade, you can trade for credits. Buy 5000 shares, we charge $4.50/Trade up to 10,000 shares. ARCA credit for adding on 5000 shares is $10 for a net credit before reg fees of...
  6. Robert Morse

    Building a social media sentiment report

    On Lightspeed Trader, we offer Social Market Analytics – Social Sentiment and the S-Score. https://www.lightspeed.com/social-market-analytics-social-sentiment-and-the-s-score/ Looks like this.
  7. Robert Morse

    Why isn't Pre-market and After hours data included in Daily charts?

    We have many international clients but we are not registered in Canada.
  8. Robert Morse

    Lightspeed Trader Features-Try a demo

    https://www.lightspeed.com/trading-platforms/lightspeed-trader/platform-features/ TRY A FREE DEMO - Please tell us you heard about us from Elite Trader. Lightspeed Trader is the ideal software for both day traders and investors with our flagship trading platform offering equities and options...
  9. Robert Morse

    Premarket Trading Firms

    We offer Trading using NASDAQ and ARCA from 4am to 8pm. https://www.lightspeed.com/trading-platforms/lightspeed-trader/platform-features/
  10. Robert Morse

    Best European Broker?

    What asset classes are you looking to trade and what country are those asset classes located in? We are a US-based broker dealer but only offer access to US-Listed Stocks/Options.
  11. Robert Morse

    wash sale on options

    Well, I'm not allowed to give tax advice, so posting a direct quote from a government website that answered your question, was the best I can do.
  12. Robert Morse

    wash sale on options

    https://www.investor.gov/introduction-investing/investing-basics/glossary/wash-sales Wash Sales A wash sale occurs when you sell or trade securities at a loss and within 30 days before or after the sale you: Buy substantially identical securities, Acquire substantially identical securities in...
  13. Robert Morse

    Same stock listed under different names?

    They are tradable but have no options. They are preferred shares.
  14. Robert Morse

    Same stock listed under different names?

    These are all Related Securities for Parent Company: GS https://www.quantumonline.com/ParentCoSearch.cfm?tickersymbol=GS Looks like you are looking at GS-K Goldman Sachs Group, 6.375% Dep Sh Fixd/Float Non-Cumul Preferred Stock Series K
  15. Robert Morse

    TOS slow on system

    We get a large number of New Accounts from online brokers like TDA when active traders don't find they get what they need. Try a demo of Lightspeed Trader. I expect you will see a difference. https://www.lightspeed.com/trading-platforms/lightspeed-trader/platform-features/
  16. Robert Morse

    How long does Lightspeed take to approve an international application ? (4 months and still waitin)

    Email me your name and a copy of the app you sent. I will try and get an update for you.
  17. Robert Morse

    First-Loss Capital for Hedge Fund Managers

    Most of these are well funded, so the losses would have to breach their capital to hit yours but you would have to read their agreements. They generally do not allow risky trading but there is no protection on your investment beyond their risk management.
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