Search results

deltaf0rce-Portfolio margin relies on the OCC TIMS method. It segregates positions into product classes. Having one position in say AAPL will not get an offset from a broad-based index where AAPL is highly correlated. You can go to the OCC website and load any position and see what the OCC...

Wow-I did not provide my opinion, just facts. Each asset class has regulatory fees. That is just a fact, not my opinion. As I stated early, you can avoid the NFA fee with a membership on the CME and get lower clearing fees too.

I understand you feel that way but it is consistent with equity and option trades that incur the SEC Section 31 and TAF fee which support the SEC and FINRA budget.

Wedbush Securities, and we also offer access to Velocity Capital Locates on Lightspeed Trader.

If you are doing a lot of volume, you can reduce your clearing fee by leasing a seat on the CME. When you lease or own membership, you are also exempt from the NFA regulatory fee.

The $3 min is for equity and options trading on that software. It does not apply to futures.

I'm aware of members getting volume rebates over a hurdle, but not aware of any rebates for adding. Do you have a link?

Our standard commissions are on our website. We do give volume discounts, but we do not have a schedule for futures. Our standard commissions for low volume account is $1.29/Future + costs. Based on current CME/NFA fees, that is a total of $2.54/future. Realtick has no transaction fee that we...

Realtick has sub 1 min charts. https://www.lightspeed.com/trading-platforms/realtick-pro-and-express/realtick-platform-features/ - The Express version is fine for futures. Try a demo. https://www.lightspeed.com/demo-request/

MidKnight-Sorry but no. We can only offer what Wedbush Futures offers. And, on those exchanges, only liquid symbols with enough open interest to meet WBF's risk requirements.

I wish I could be of more help, but the Language that they’re using it’s above my pay grade. Every broker has disclosure documents. We have additional disclosure documents for PMA. I have never read more than a few lines of either one. I accept them as necessary to open an account anywhere.

The safety of your funds in a PMA from your broker is no different than a Reg-T margin account. You are protected by SIPC. Because a PMA provides more leverage and a lower margin on naked options, it has more risk in what you can do, not more from your broker. The PM disclosure is required to...

When the broker I worked for back in early 2016 was shutting down, I basically wanted a job. I was 56 years old and figured where ever I ended up, I would start anywhere and work my way up. I applied for a number of jobs at a few clearing brokers and IB was one. I applied for about 6 roles, all...

I tried to get a job in institutional sales five years ago, they told me I was overqualified.

What type of help? There are a number of free resources online to learn the basics.

If during trading hours you email me a few symbols, I will email you directly if the locate is available and the cost.

FYI-If you were a Lightspeed client, you can do that. This hotkey is to buy, using ARCA, 10% of your available BP targeting the ASk+$0.10.

I agree with formikatrading-start small, really small. Make decisions like the trades are larger.

Might be soon. I see an indication of 145. Keeps changing.

It means it is a new issue listed on NASDAQ and they are waiting to open the stock. This is common. No stocks start at 9:30 am on the IPO day.