Golden Market Management

[brad10]

1 year lockup is a rule from US exchange. GMM is not a member and does not have to follow that rule (they are out of Canada). No other firm I have contacted have that rule.

The deal about them routing your order to market makers and selling your order is unbelievable. You will never make money with a market market taking the other side of your trade by selling it, but still charging you the full ECN rate. TOTAL SCAM!

Quote from WhiteOut56:

that one year rule is the same in every cboe firm.

Basically all those contracts are so one sided it is ridiculous, giving them absolutely complete power.

I read one contract that said they that have the right to change anything to the contract, and you have no choice in the matter and must agree it. So basically they could say something like... "you have to give us all your money", and according to the contract you have no choice.

What you have to do is just go on reputation. Only thing is... it's hard to trust those screen names that respond favorably to the company. There's a good chance that those screen names that responded favorably in this post are screen names of GMM.

---------> but from what I know personally, they are a reputable company