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Try this Webinar next week. May CML will work well for you. https://www.lightspeed.com/webinar/discover-scientific-option-trading/ Bob

I had an order in my IRA at another retail firm, not LS, from last week that took over 2 minutes to buy 5000 shares on the offer when 5000 shares were shown. And, I was the only volume for the day!

I think the B with AUM is out of reach of most of us. I say the goal for most of my hedge fund clients is $100mm.

By public paper I mean bids and offers by non market makers. Limit orders left with a MM or on ARCA. OTC told me they have a proposal for an OTC ECN. If that is approved and your broker will route orders there and there are public bids and offers, you will get quicker fills.

But what exchange is it traded on? OTCQX, OTCQB or OTC PK. That and the amount of public paper is all that matters.

It is a hedge fund if you have an LP and an management company and accepting investors into the LP. This is an example. Let's say you have $1.5mm of you money to trade with an allaoction from investors or friends and family of only $1mm. With your $2.5mm, you start to build your track record...

IMO, not incorrect but it would depend on your cost structure, scalability and expectations. For a strategy that does not lend itself to managed accounts, there are circumstances where some can start with $2mm even with an expectation of not going over $10mm if it is a 1 or 2 man shop, running...

I just spoke to a rep at OTC. He confirmed what I knew already. When you send your order in an OTC stock, your broker will likely send that order to the equity MM they have a relationship with. That Market maker can review that order to see if they want to sell it or route to the MM that is at...

Rickshaw Man, The question was about VX futures. All Futures are 1256 contracts and MTM at year end with no wash sale rule. I'm not aware of any advantage or use for TTS with futures. I expect that is just for stocks and options. The S Corp or any LLC covers the expense side. Bob

This is what we offer on certain platform. DMA for both single leg and multi leg orders. On single leg orders, we pass through maker/taker fees. On multi leg orders we do not, except for higher volume accounts. For a small retail account, I can confirm that we do not offer rebates on spreads...

I can ask, but in my experiance with exchanges and their MD fees, there is often never a definitive answer that can't change. Even CME Direct that is currently free including MD, will start charging only Pro-MD in Q2,

Not all OTC stocks trade on ARCA. Most don't.

Not sure if a single member LLC can meet the exemption. Maybe.

That is not true. OTC bids and offers are not firm. If you route your order to ARCA and there is paper on ARCA, you will get a quick fill. If the offer is a MM, they can do whatever they want. It is a shame OTC allows this, but it is not your broker, it is the exchange.

Depends on who your service providers are and what they charge. Some will do it for less. Are you looking to do that? I can make some referrals directly. The bigger the firm, the more they charge,

https://www.lightspeed.com/webinar/discover-scientific-option-trading/ DISCOVER SCIENTIFIC OPTION TRADING REGISTER NOW! Wednesday, January 10th, 5:00PM ET Presented by: Ophir Gottlieb, CEO and Co-founder of Capital Market Laboratories Jason Hitchings, Chief Technology Officer of Capital...

I would say in the US, if not complicated, between $25K and $50K.

It can also be triggered by managing accounts for others. I was interested too.

I'd like to add Lightspeed Trading to the mix. We introduce to Wedbush Futures and can offer Exchange Span Margin on most symbols including VX futures. My email address is below if you want to chat this morning, BTW, we can also offer Exchange Span margin for IRAs if opened through a...

There goes that budget.