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I'm already aware of IB and lime already turned down my business since I'm not US resident , so any other suggestions ?

Hi All, I'm looking for a brokerage firm that caters to active or institutional traders who trade more than 3 million shares per month with a reliable API for automated trading and competitive commission structure Any hints ?

Well for me I actually missed out those good days as I was still learning and building my system, might be a good point in my favour that I started live trading in tough markets ! Anyway thanks for your reply

I totally agree with you that anything from 1 to 3 cents or more are very good numbers what I want to say is that once you go up to trading something like 2 M shares per day per stock then 2 cents per share in a stock that have a price of around $20 and trades 20M shares per day is just very...

Hi EricP , you are one of the most decent traders here and I was inspired by you in the old days of 2006, 2007 I want to discuss with you your assumption that any trader making more than 2 cents per share would be a rock star In my humble opinion it greatly depends on the stocks he is...

I have my own system that I developed and trade

ok good, and I already told you to do that in my initial post, to start with tradelink to get your feet wet and build upon that

You are right J2ee, you need the elite programmers to be able to do that and I can tell you that if you depend on anything less than that then you are heading to a brick even if you can find the best software out there When it comes to automation and HFT then you either do your homework right...

yeah.

My definition of HFT is rather simple, any strategy that depends on 1 cent execution is HFT and usually any strategy that is based on bars is not ofcourse others might have different definitions

well, 2 obvious examples 1) How would you count for your participation in the market, for example you simulate placing 10,000 shares on the best bid, in real time the market will react to this in a way, in simulation it is hard to account for this market reaction 2) you place a bid at...

My 2 cents..... I tend to agree with hftvol that no ready made software whether commercial or open source will really cut it if we are talking about serious HFT, but yes you can take a look at tradelink to get an idea of what is going on I've been doing this since 2006 and yes it will take...

Hi all, I'm looking for some information regarding using a third party marketeer regarding the agreement structure, I know that the marketeer usually receives 20/20 which means 20% of the management fees and 20% of the performance fees but I wonder for how long should he receive the fees ? 1...

I 2nd that too !!

Hi perkindiafrawl, The easiest way is to just listen to NBBO and ignore all the others (works just fine if you are trading liquid stocks with tight spread) but you have to notice that the sizes on the NBBO is not the aggregate of sizes of all exchanges at the best price, but if you require to...

hi perkindiafrawl, you have good questions and not trivial ones but you have to provide more information about what you really need, for example do you need level2 quotes or only level1 and do you care for volumes on quotes or only prices and will you be trading NYSE or NASDAQ and liquid or...

Don, First time to see you doing a bump :D Seriously, I like your idea and mav's and I think if you really keep it informative channel for exchange of legit information this would benefit lots of traders and would benefit you indirectly of course ;) and this sounds fair enough for me...

Payout is 100%. Don is right, its not "all in", 0.003 is just the commission you will have to pay for ECN fees (or take rebates) and other sec fees and so on. I think Don offers one of the best "all in" rates, if you prefer this model I recommend Bright.

Don, believe me I am not following your foot steps :) I submitted my post even before I see yours :)