Benchmarq Vs. Assent

Quote from aeliodon:

Which has the bigger clearing firm? I don't know how big LEK is but Assent Clearing can't be that big considering they only have about 1000 traders or so.

Assent is backed by a huge group of PE firms.

Benchmarq is back by a $2 billion multi-strategy hedge fund they claim.

Which software gets updated more frequently - who has the better support?
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Maybe 1000 remote traders...add in the offices and you're way off.
 
Quote from hedgeking:

$100 a month for anvil which is a bs charge. the only downside to assent is they have 100% the worst short list on the face of the earth.i mean its so bad its embarassing. you have to pay to short 100's of stocks you can short for free with ib.
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Wrong. There is no charge to use the Anvil trading software. There is a $100 charge to setup a SSL/VPN id to trade from home.
 
Quote from hedgeking:

$100 a month for anvil which is a bs charge. the only downside to assent is they have 100% the worst short list on the face of the earth.i mean its so bad its embarassing. you have to pay to short 100's of stocks you can short for free with ib.
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Platform is rock solid. Limited short list equals lost opportunities.
 
With Assent's limited short list, does that mean we should look at others like Genesis/Laser or Blackwood? I can understand the need for a rock solid platform to trade with, but if you are losing trades because the stock isn't there, what's the point? Lost Trades = lost money.
 
for me,it's not that big of a deal as i mostly go long. however,some guys do have to call and borrow which can be a bit time consuming.all in all,assent is great.
 
Quote from razor99:

for me,it's not that big of a deal as i mostly go long. however,some guys do have to call and borrow which can be a bit time consuming.all in all,assent is great.
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Or you can just request the release of a stock online and it will automatically be released for you to short if they can locate it.
 
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