Hey all-
If some of you can recommend a good trading firm for what I need, I'd greatly appreciate it. More about me and what I'm looking for:
Opening Orders (need automated software to enter and exit trades)
Scalping (manual)- need fast execution platform
Black Box Trading (need a good API and ideally, programmers that I can work with to integrate my system with the new platform)
Currently about 500K to 1 M shares per month trading volume, higher in very active markets.
Ability to bring in a group that can increase the monthly shares substantially
The cheaper the commissions and margin interest, the better
Will fund account with approx. 30K
Need intraday leverage sufficient to place lots of orders (usually away from market that never get executed- probably about 30-40X intraday leverage, although the most I'll use is likely @500K)
Don't want to hang my series 7 at the firm....(need it at my current B/D for brokerage, but B/D does not have trading platform, hence my request)
If any of you have any suggestions, please let me know. I think Echo and Assent might be good. I know Bright has automated OO software through Pair Co, but I'd ideally not like to spend $1K on it (unless it's a really good program)- the only drawback to Bright from what I understand is that their commish and haircut are way higher than industry averages. If that's not true, let me know!!
Anyone can feel free to PM me if you don't want to post on the board.
Thanks in advance for your help gentlemen and I look forward to your replies.
If some of you can recommend a good trading firm for what I need, I'd greatly appreciate it. More about me and what I'm looking for:
Opening Orders (need automated software to enter and exit trades)
Scalping (manual)- need fast execution platform
Black Box Trading (need a good API and ideally, programmers that I can work with to integrate my system with the new platform)
Currently about 500K to 1 M shares per month trading volume, higher in very active markets.
Ability to bring in a group that can increase the monthly shares substantially
The cheaper the commissions and margin interest, the better
Will fund account with approx. 30K
Need intraday leverage sufficient to place lots of orders (usually away from market that never get executed- probably about 30-40X intraday leverage, although the most I'll use is likely @500K)
Don't want to hang my series 7 at the firm....(need it at my current B/D for brokerage, but B/D does not have trading platform, hence my request)
If any of you have any suggestions, please let me know. I think Echo and Assent might be good. I know Bright has automated OO software through Pair Co, but I'd ideally not like to spend $1K on it (unless it's a really good program)- the only drawback to Bright from what I understand is that their commish and haircut are way higher than industry averages. If that's not true, let me know!!
Anyone can feel free to PM me if you don't want to post on the board.
Thanks in advance for your help gentlemen and I look forward to your replies.
