Introducing Brokers for Wedbush clearing

W

western

Can anyone provide me with names of introducing brokers that clear through wedbush securities? I'm looking to open a retail account.

I currently only know of capstone and legend securities.
 
Quote from western:

Can anyone provide me with names of introducing brokers that clear through wedbush securities? I'm looking to open a retail account.

I currently only know of capstone and legend securities.
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Why Wedbush?
 
They are one the few(only) independent reputable clearing firms that cater to daytraders.

Penson/apex is too unstable imo.
 
Apex is still 94% owned by Penson. Besides that Apex is being run by Peak6 and has made many changes. The most important to you is that they have more cash, very little debt and APEX has no trading desk. I'd rather be at APEX.
 
+1 to the OP's post, i've got the same request.

maybe lime? don't know if they're still around or open to individuals. i only started checking today.

thanks for any information that can be provided.
 
Yes correct, it's Lime. It will be very difficult to get better automated execution services than Lime offer. They provide rocket execution and great FIX API.

But there are few drawbacks:
1) minimum deposit amount is very high
2) u have to collocate your server with them
 
I received an email that Cobra Trading has recently signed a clearing agreement with Wedbush. Looks like a great option to get away from Apex. I'm going to look into the switch.
 
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