CBOE buys Livevol

I guess you are right on options. Fixed stock rate at IB is $0.005 while $0.0065 at Livevol. Options they have a fixed rate of $0.65 with a higher minimum than IB. EIther way, if you trade good volume, you can do better by paying for LiveVOl Pro and getting your own commission rate at another firm or at IB directly.
 
Last edited:
xandman said:
LVP doesn't have the position analysis and simulated trades that go to immediate order tickets in one click.

I will be modeling with origami figures and wrestling with TWS order tickets. My cost structure and workflow will be whack. I will be destitute.
More...
This is hilarious. You'll hang out in Wicker Park with a "Will trade for food sign."
 
I just found out something in a company meeting that I did not know. If you open an account at Wedbush through us and use the Sterling Trader Pro trading platform, we can offer LVX analytics for free. You will have to pay for Sterling Trader for execution, but that is only $100/month + market data. The first $100 of commissions goes toward paying for Sterling Trader.

The advantages of this are that you will have access to two great platforms that together offer both professional execution and option analytics with great commissions and support.
 
Bob, does livevol do anything with commodity options? Equity options have very little if any edge now days. If they are still in the only equity world, they are going to become a dinosaur. Maybe this is why they sold themselves to the CBOE.
 
You must log in or register to reply here.
Back
Top