how to save commission by setting up own broker

If I am starting my own brokerage, what I would want to know is what's the cost of having my trades executed directly on the exchanges, having a seat and etc.

That sounds important to me too, but setting up my own brokerage has never been a high priority for me.:)
 
they give 200x leverage, impossible in usa. and most top HFTs use this broker
all NYSE listed tickers

just like i wanna do execution/agency broker (no dealing) myself but use your WB as clearing broker

What's the name of this broker?
 
Roman numerals.

Trading lower priced names, it's not a crazy number.
Didn't Fibonacci have something to do with banishing Roman numerals to the dustbin of history?

As for low priced more likely on Naz than NYSE. Better yet pink sheets.
 
Didn't Fibonacci have something to do with banishing Roman numerals to the dustbin of history?

No Fibonacci is a number sequence that is based on a systematic pattern. Roman numeral is a form an expression or presentation of numbers to keep track of quantity of objects. Two totally different concepts.
 
No Fibonacci is a number sequence that is based on a systematic pattern. Roman numeral is a form an expression or presentation of numbers to keep track of quantity of objects. Two totally different concepts.

https://www.scientificamerican.com/... century Europeans,commerce and trade as well.

Before the 13th century Europeans used Roman numerals to do arithmetic. Leonardo of Pisa, better known today as Fibonacci, is largely responsible for the adoption of the Hindu–Arabic numeral system in Europe, which revolutionized not only mathematics but commerce and trade as well.
 
No Fibonacci is a number sequence that is based on a systematic pattern. Roman numeral is a form an expression or presentation of numbers to keep track of quantity of objects. Two totally different concepts.
Read a book on the subject next time.
 
currently I am trading 20mm-30mm (could bump it to 50mm) NYSE shares per month at a Dutch broker. They charge me 0.001-0.0015 per share.

wondering if setting up own execution broker can save me commission. oc need to figure out if saved commission can at least offset fees/cost to setup/run execution broker.

Anybody has this kinda exp? comments are appreciated!
I would like to use that broker. Which broker is it?
 
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