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  1. Robert Morse

    Another day trader bites the dust

    Which "Floor" and what asset class. I was an Option Market on the AMEX.
  2. Robert Morse

    Why Lightspeed?

    Starts at $0.0045/share, min $1 + routeing, and reg Fees. Or, if your average order size is more than 1000 shares, you can choose $4.50/Trade for up to 10,000 shares on Listed Stocks.
  3. Robert Morse

    Why Lightspeed?

    https://www.lightspeed.com/pricing/commission/ https://www.lightspeed.com/pricing/routing-fees/ https://www.lightspeed.com/pricing/market-data/
  4. Robert Morse

    Why Lightspeed?

    You can send hidden orders to any ECN but any hidden order will never get a rebate for adding liquidity and might get charged for taking.
  5. Robert Morse

    Why Lightspeed?

    1. Out trading servers are at NY4 in NJ and provide very fast executions for a service where Lightspeed Trader is a desktop software. 2. https://www.lightspeed.com/news/lime-brokerage-systems-pass-stability-test-against-volume-trading-billions-in-march-and-april/ 3. We text your cell phone. I'm...
  6. Robert Morse

    Why Lightspeed?

    Who wants to try a demo? https://www.lightspeed.com/demo-request/ FAST, STABLE, & CUSTOMIZABLE TECHNOLOGY Lightspeed Technology provides ultra-low latency, stable, and customizable technology so you can always trade your best. Send orders to over 100 order routing destinations through our...
  7. Robert Morse

    Importance of demo

    I would point out the difference between a "demo" and a simulator. We only offer demos. https://www.lightspeed.com/demo-request/. A demo is meant to show and become accustom to the functionality of the software while a Simulator offers that plus the ability to paper trade and stimulate real...
  8. Robert Morse

    Shorting stock on Record Date?

    If you are short coming into the X-Date, you will owe the dividend. In your example, shorting the stock on either the 29th or 30th would not have you being short prior to the x-date. You would have had to short it on the 28th or earlier and held it overnight into the 29th.
  9. Robert Morse

    Best books and Educational Resources on Futures Trading?

    https://www.cmegroup.com/education.html
  10. Robert Morse

    Frontend for CME futures options butterflies

    CME Direct - https://www.cmegroup.com/trading/cme-direct.html
  11. Robert Morse

    What is the scam with zero commission brokers?

    Yes to the first part, the second part is too general. Would you like to call me?
  12. Robert Morse

    What is the scam with zero commission brokers?

    All market orders are clearly taking liquidity. A limit order where your buy price matches a sell order on the book or your sell order matches a buy order on the book, you are taking. If you get to that price first, you are adding.
  13. Robert Morse

    What is trading to you?

    A business.
  14. Robert Morse

    open long and short positions for dividends?

    Look at the near term 1-60 days option open interest in the ITM calls the day after X-date. Look at the ITM strikes were the dividend is worth more than the puts on that strike and you will see there are always some customers that do not exercise. The cost of fighting for that opening interest...
  15. Robert Morse

    What is the scam with zero commission brokers?

    You can see based on the price of AAPL that this was written a few months ago.
  16. Robert Morse

    I hate TWS!

    You would have to contact me directly to discuss volume discounts or different rates for Micros. My contact info is below.
  17. Robert Morse

    I hate TWS!

    $10,000 using CQG Desktop or CQG QTrader. $25,000 using Realtick.
  18. Robert Morse

    I hate TWS!

    We offer Futures accounts with custody at Wedbush Futures, for IRA/Roth accounts, using a Self Directed IRA company. If you open the account through them, you get the same margin as individual accounts. https://www.lightspeed.com/trading/futures/
  19. Robert Morse

    x time Leveraged Option

    Technically, options do not provide leverage as they have to be fully paid for. That said, if you buy an ITM call that is a high delta, you can compare the money required to be long to the stock price and get more than 2X. E.g. AAPL closed at 115.35. The Sep 18 100 calls closed around 15.40 and...
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