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Does anyone have experience dealing with this group?

I read somewhere that the specialist can only trade his own account under certain conditions. I was wondering if this is accurate. If so, what are the conditions? Do they actually adhere to the guidelines or do they trade their account whenever it suits them? Thanks.

I'm not sure I see how this rules out the possibility of locking. It seems to me that you could still lock and it would then be required that any market order be routed against your order before the previous bid (or ask) gets hit. This would be beneficial to rebate traders because it would...

Swift generates relatively little revenue from commissions and takes such a large cut of traders profits. What makes you think it's not in their best interest that their traders make money?

What's the best news service out there? Which ones will let you filter the news for specific stocks? CMT

I never claimed unethical trading was allowed by management. I'm just pointing out the fact that the scenario is not only unlikely but logically inconsistant. Unlikely - 1) The customer moves enough volume to panic a desk (definatly possible, but not likely) 2) He puts through so much...

tomcole, By FX I'm assuming you mean foreign exchange. If so, I don't think this is a realistic scenario. The desk would just pass on the exposure to other banks. It's unlikely that one customer would be enough to panic the whole system and offset any other customer orders coming in against...

I'm looking to join up with a group (an LLC maybe) that can offer low per ticket rates and would prefer it if they offered fairly substantial margin. I would also like to hear from any brokers on ET to see what they could offer me as an individual. Thanks. -CMT