Anyone here at a prop firm with a JBO agreement with Penson?

Where is your prop firm custody

  • GSEC

    Votes: 1 20.0%
  • Apex Clearing (Penson)

    Votes: 2 40.0%
  • ML Pro

    Votes: 0 0.0%
  • Lek

    Votes: 0 0.0%
  • Other

    Votes: 2 40.0%

  • Total voters
    5
  • Poll closed .
I'm courteous to see if Apex Clearing will continue the relationships that Penson had. They had very low commissions, higher risk and high levels of capital required by the Prime Broker.
 
wedbush with its recent acquisition of lime is another player here for equities.

could you go into more details on those apex numbers? pm if you want.
 
Quote from propseeker:

wedbush with its recent acquisition of lime is another player here for equities.

could you go into more details on those apex numbers? pm if you want.

Lime is their routing and HFT execution platform. I'm not sure Wedbush is in the prop business. That would be new to me. They will clear your trades but the JBO relationship goes further.
 
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