Position-Taking Firms

[btowntrader54]

Which firms allow and/or encourage taking overnight positions as a main part of the accepted strategy? I believe First New York Securities does.

Anyone know of any others?

Thanks

 

[bdon]

Quote from SchraderTrader:

Which firms allow and/or encourage taking overnight positions as a main part of the accepted strategy? I believe First New York Securities does.

Anyone know of any others?

Thanks

It usually just a matter of margin requirements. You put up the money and run your strategy.

 

[Don Bright]

Quote from SchraderTrader:

Which firms allow and/or encourage taking overnight positions as a main part of the accepted strategy? I believe First New York Securities does.

Anyone know of any others?

Thanks

Most of our traders take home positions for days, weeks, months.

I'm sure FNYS does as well..

Don

 

[UDon'tKnowMe]

I know Trillium used to, they probably still do but I am not sure.