Scottrade clients are all moving to TD before end of month. https://www.tdameritrade.com/pricing/brokerage-fees.page
This is a pass through of regulatory fees and not something you can avoid, so I don't see why this is an issue. It funds the SEC. You have to pay TAF too.
I would say that our equity rates are very similar except we also offer a per trade rate and they don't. Our option commissions are lower. We only focus on US listed equities and options. Anyone that wants to give us a try can use this promotion-https://www.lightspeed.com/10k-2018/. What I...
Not sure what you are asking. As far as I know every broker passes this fee to the account owner. BTW, we charge $4.50/trade. On Web trader there are no routing fees, market data fees or platform fees. https://www.lightspeed.com/trading-platforms/lightspeed-web-trader/
Not a DMA platform.
With Lightspeed, if you pay our base rate of $4.50/trade or $0.0045/share and you trade 1000 shares, the commissions is $4.50. If you add liquidity on NASDAQ, you get paid $0.002 per share or $2.00/1000. That would cost you $2.50 for the 1000 shares not including the regulatory fees. The best...
What asset class?
Is this a low latency set up?
In general you run your your own code from your server either local or hosted. Then you connect to your broker through an API to route to the exchange and make queries.
Give me a call this morning if you want to chat.
Bob
On all out DMA software, yes. On Lightspeed Web Trader, $10,000, but it is web based, only has one route to equity market makers, and has other restrictions vs our other platform. https://www.lightspeed.com/trading-platforms/lightspeed-web-trader/
Lightspeed Trader is very fast, offers DMA, per trade and per share rates and has a stock scanner called Lightscan. If you want to give us a try with $25,000 or more, you may use this promotion https://www.lightspeed.com/10k-2018/
Just email me with your name and phone number. If you want a...
IMO, if a business has cash flow that they do not need to reinvest for growth, pay down debt or reduce costs, I would hope they would return that cash to shareholders so they can make investments with a higher return than cash (1 year T-bill about 2%-repos are lower). However if the company can...
Sorry, but you are not ready for real trading.
You don't seem to have a handle on why you buy that spread, where you make and lose money and what happens at expiration. I'd be doing you harm by making corrections and giving you information, You need to do more reading and understand the...