i am trading ~2000 contracts per month

Cannon_Trading said:
The big savings come when one leases a seat on the correlated exchange.
It is not a hard calculation to see if it is worth it. If a trader is consistently trading volume for a few months we can help and offer a commission rate along with savings on exchange fees that will help the trader save quite a bit while still having a person to talk to/ communicate with etc. 24/6.

https://www.cannontrading.com/services/match-beat-rates
https://www.cannontrading.com/services/cme-membership-prices
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What are the requirement and cost to lease such a seat? and would an options trader have to lease a seat on every single exchange he is using to guarantee best execution ? Bats, ISE, PSE, CBOE, EDGX, AMEX, PHLX....
 
tonyf said:
What are the requirement and cost to lease such a seat? and would an options trader have to lease a seat on every single exchange he is using to guarantee best execution ? Bats, ISE, PSE, CBOE, EDGX, AMEX, PHLX....
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This is more applicable for futures and options on futures. I am not familiar with how things work on the equity side.
 
I used to use Advantage and I think you can ask for a personalized quote still. Also, at least back a few years ago, the customer service was fantastic.
 
DevBru said:
Take a look at Sierrafutures, a division from Stage 5. Lower e-mini commissions compared to AMP as well. Or you can go directly with Advantage (Sierrafutures uses Advantage Futures to clear with).

However i haven't explored that myself just yet so i don't know what kind of customer service or commission rates you can get at Advantage.
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Advantage futures look interesting. Will enquire
 
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