Bright Trading

Quote from SethArb:

hello don

have any former BRIGHT traders gone on to bigger and better things ?

(i.e. hedge funds ) ?

Don ... you forgot to answer these two Questions
I asked a few days ago

B: what percent of trades done by Bright traders
are Listed vs Nasdaq ?

C: what are the present trading hours permitted for remote traders ? ( i.e. is after hours allowed ) ?
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I'm sorry, I guess I missed it.

Our Naz percentage is coming up from 5% to about 12-15%, mostly due to pairs trading.

After hours has always been "allowed" - not necessarily recommended....but if it works for you, then by all means do it.

All the best,

Don
 
Quote from tomcole:

Its too bad Don only answers questions selectively, considering some of the claims and comments that have been made here.
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I answer whatever I can...and I haven't seen any other firm do the same in the last few years. And, I answer all my traders questions during either training or orientation.

Send me an email with whatever you would like to know.

All the best,

Don
 
Quote from Don Bright:

I answer whatever I can...and I haven't seen any other firm do the same in the last few years. And, I answer all my traders questions during either training or orientation.

Send me an email with whatever you would like to know.

All the best,

Don
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Lol, Don, we know you are on here for marketing, that's fine. But you don't have to pepper every response with a put down of another firm.....:eek:
 
I guess I dont understand what difference an email or posting here makes.

One guy asked what happens if you lose more than they "deposit" with you, like $5 or $10Gs more and what happens - do you absorb it or sue them?

I asked if you post an audited balance sheet.

Seems like pretty striaght forward questions based on the claims, comments and thoughts posted in this thread.
 
Don Bright gets on these boards day after day and responds to every question thrown at him. If you call their office, you can speak directly to him. If he is not available he calls you right back. If you send a pm he responds.

I have a hard time getting a plumber to call me back!

You guys have the opportunity to talk directly to the man... What more do you want? You will be hard pressed to find another business owner in this business or any other give you that kind of access.
 
Quote from tomcole:

I guess I dont understand what difference an email or posting here makes.

One guy asked what happens if you lose more than they "deposit" with you, like $5 or $10Gs more and what happens - do you absorb it or sue them?

I asked if you post an audited balance sheet.

Seems like pretty striaght forward questions based on the claims, comments and thoughts posted in this thread.
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1. If they didn't violate any rules, then we absorb the losses.
2. We email to anyone who files a U-4 with us, or show them the audited balance sheet (hard copies) when they come to class.
We send to all members upon request.

All the best,

Don

PS I don't feel that I am "putting down" other firms when I simply ask the same of them as is being asked of me....just pointing out the facts.
 
I think Don gave a very fair answer. Last question from me, is how come you dont post the financials on the web?

It would seem to save you the trouble of answering geeks like me who have the same question.
 
Quote from tomcole:

I think Don gave a very fair answer. Last question from me, is how come you dont post the financials on the web?

It would seem to save you the trouble of answering geeks like me who have the same question.
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For legal reasons, we need to know who is getting this information.....we are a private company (broker/dealer). I think we do well in keeping our "full disclosure" policies and transparency. When (and if) we go public, then perhaps things will change.

All the best,

Don
 
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