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hm, both wtc and title leave wedbush one after the other. title gets hit with a fine for manipulation from their sro and gives up their b/d. both have a huge contingent of unlicensed foreign traders that makeup the bulk of their volume. orbixa got shut down last year, the owner stripped of his...

to echo some of the comments here, strategy theft is really a non-issue. if you're making money, it's a very high probability you're not doing anything new. ALL of the cost (and true value) is infrastructure, be it hardware or code, and the latter you're not going to be storing remotely.

if your firm is charging you for hitting nqbx because they decide it's a wash and rerouting internal, then it's not a good thing. hence my question. otherwise, yea agree if you're trading against uninformed flow.

no, they don't. one of the big reasons internalizing is so attractive. if they're charging them, they're skimming. have a question for the OP, when you get charged these wash fees, are you directing orders to lit routes (arca, naz, etc.?), or are you using their smart router? if you're...

um, if both traders are paying a $1/1k, the only one's getting schooled are the traders. not sure how they're justifying that. it's not like they have to clear those. plus they're avoiding washes. i'd call them on it.

you would need to learn some basics about programming. a loop and > or < comparison would do it. the answer to your original question is: it's strategy dependent. for intraday strategies, you'd want to use intraday data, for eod strategies, you might be able to get away with eod data assuming...

no, he just wouldn't be footing the bill for it anymore...

newb, first go learn what a "bar" is, and what an "OHLC" is, and then decide if you really want to ask that question.

i mean more efficient. where things quote, where things print, are much more tightly coupled to their theoretical fair value. not necessarily smaller spreads, but for sure those have come in as well.

for hf equities, yea their costs are high, and i've also never heard of any executing brokers being setup to clear them. so, you'd have to have some real flow for anyone to want to hassle setting that up.

yes, the short list depends on the clearing firm. you're right that it opens up that possibility, but i think you'll find that IB isn't really the ideal place to execute away from for hf equity trading.

his comment wasn't baseless. opens/closes are definitely tighter. not being aware of that is pretty ironic given your second question (as snotty and rhetorical as it may be).

i read your first question 3-4 times, and have no idea what you're asking. while your 2nd question assumes the one you're seeking an answer from knows your goals. irregardless, the answer to either of them is you need to run each of your variants live and pick the one that best expresses the...

not sure how far back you were using lime, but they're now owned/clear through wedbush, so pretty decent list now. if you don't mind me asking wrt to direct, who are you an "associated person" with? or did you setup your own b/d and become an actual holder?

on the front page of your website you have "Investors" listed under features and you specifically define the types of investors you're interested in taking on. whether you are you aren't right now is irrelevant. you'd have to be an asshole to not see this as solicitation. securities regulators...

marketing to investors is prominent on the front page of their website: "1. Capital providers may take the form of individuals, companies, family offices, hedge funds, institutions, etc. 2. RAPA Capital introduction portal provides investors the opportunity to identify themselves as well as...

ha, and now the options seller is on the thread comparing himself to steve jobs. you guys are a bunch of goofs.

this thread is 40 pages long, since your interview mentions a 1 year history, i'd hope you could point me to that multi-year audited record.

this is the anti-hft bright trader. so, might want a little salt with that dick.

ha, an options' seller, with 1 year's results. nice scam.