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You are also using a VERY old version of the manual. Download a new one. https://www.lightspeed.com/trading-platforms/lightspeed-trader/downloads-and-documentation/

Deenius, Do you have a sales person at Lightspeed? Is this a live account or demo? What version of LST are you on? This super SMART order will split your order over these 4 routes, with a limit of $0.05 below the bid with 1 Tier size. I'm out of the office today. If I'm your sales rep-email...

I expect the question was about shorting equities and the term "shares" was used.

This started just before the financial crisis where the SEC created Regulation SHO (SHO for SHORT) or Reg-SHO. https://www.sec.gov/investor/pubs/regsho.htm Prior to Reg-SHO, clearing firms would fail on delivery on a regular basis. If I'm the buyer of the stock, I'm expecting delivery of the...

No. If the stock is easy to borrow, you can just sell short. If the stock is not ETB, you need a locate. There is no stock borrow if you close before end of day.

I have a few clients that trade ICE US, but the market data fees without non-pro rates are a bit of a turn off on the retail side.moat focus on the 4 CME exchanges. I will let you decide for yourself which members have real knowledge based on fact and which are offering their own opinions.

Where are you from and what asset class do you trade?

Some leave, some change their member name. Redneck posted this year but the name looks disabled.

We are introducing brokers to IB for our LVX software.

1. Yes. We charge for all overnight shorts, even ETBs. 2. One time expense, per share, and can be recycled throughout the trading day. Here is a current example of the premium locate cost. I have no idea if you request a locate on 1000 ABIO if you would have gotten a locate today. Let's say...

Bump!

I'm not allowed to give trading advice, so I have to speak in general terms. It is a mistake to think that higher premiums are a sale and lower ones are a buy. I have seen, over and over, traders make a lot of money selling low implied vol because the underlying was less volatile than expected...

This is from my post on 6/4/2019-https://www.elitetrader.com/et/threads/never-tell-a-broker-you-trade-for-a-living.333116/ "......be careful on social media like Linkedin. If you say you are a professional trader, and the NYSE see that in a review of accounts, they will want to take away your...

Proptrader23 is correct for a day trading margin account. Some brokers require more for PM. We require $175,000 to start with a maintenance level of $150,000. We also have requirements to receive 4X for Day trading and PM. Some do not qualify and need to start with a cash account 1X or a margin...

The CBOE XBT contract is NOT available. Shut down.

That is not the process I would use. Volatile stocks have options with higher Ivol, yes, but if the market is pricing options based on forward uncertainly correctly, excess returns are not likely. If you trade volatility, you need to have a process to predict when current prices are too low or...

We offer Margin (2X for DT and Overnight), Day Trading Margin (4X for DT and 2X overnight) and PMA (6.67X for DT and 5.56X overnight if <$5mm but starting with $175K) Lightspeed Trader can route from 4 am to 8 pm ET.

The short stock doesn't count for borrowing money. That incurs a borrow fee. The long stock of $3000 is $2000 more than your equity so you would be borrowing $2000.

I would say 'yes" because of the fragmentation in the market. Not only that, but you can have a trade through on a hidden order as it is not protected with Reg-NMS. Not to my knowledge.