New Start-Up Exchanges Should Help, Not Hurt CME Group

[virtusa]

fees are reasonable for hedging not trading.

99.9999% of traders can't overcome cme fees (and commish) over the long term. prove me wrong.

You made a statement. So you should proof you are right.

 

[virtusa]

i can change my mind about the direction of a trade 50 times at a zero commission broker,

You're down 4 points in fees and another 3 points in sread.

These statements proof that you have no clue about trading.
If you have a decent system, you don't have to change your mind all the time.
Now I understand why your alias is VEGASdesert. You are a gambler.

 

[VEGASDESERT]

Of course the defenders will be out in full force but virt and red you won't admit
trading equities at virtually zero cost doesn't give the newb to intermediate trader
a massive advantage?

Surely you can admit that.

most traders basically trade 50/50, they have no edge.
might as well save the thousands you spend on trading costs and give
yourself a chance.

thats all im saying

 

[RedDuke]

Of course the defenders will be out in full force but virt and red you won't admit
trading equities at virtually zero cost doesn't give the newb to intermediate trader
a massive advantage?

Surely you can admit that.

most traders basically trade 50/50, they have no edge.
might as well save the thousands you spend on trading costs and give
yourself a chance.

thats all im saying

learn about how order flow in equities work across lit and dark venues. Then come back here and tell us about true costs and ability to compete with major players.