Check out this site kreslik.com TRO trades a lot of forex on tradestation, esignal and I think he is looking at neoticker
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Tradestation
- Thread starter Polon
- Start date
Quote from ProfLogic:
Developer respect.
Just to name a few . . .
Oh, and lying to their customers about improvements due out at a later date that never materialize.
Change that to "developver need".
Tradestation get their main revenue because of their plateform usage and they need to protect that.
Hmm...Quote from Nana Trader:
Change that to "developver need".
Tradestation get their main revenue because of their plateform usage and they need to protect that.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1180162&#post1180162
Quote from Nana Trader:
Tradestation get their main revenue because of their plateform usage and they need to protect that.
1/3 of their Net revenues is Interest income because of their interest policy.
http://www.tradestation.com/aboutus/04242007acx.shtm
To Equalizer and Hektor, I agree TS should pay interest.
But ask yourself this question: what causing customers not get any interest, It's the platform that they want. So TS owe all it's income to its platform. Take out the plateform, interest income will disappear also.
Now, it depand from which angle everyone looks at this issue
But ask yourself this question: what causing customers not get any interest, It's the platform that they want. So TS owe all it's income to its platform. Take out the plateform, interest income will disappear also.
Now, it depand from which angle everyone looks at this issue
Perhaps. I'd say that many people with reasonable sized accounts should take their money from TS and plonk it elsewhere. They can of course keep on getting the platform for $100/month by simply opening a 5K futures account with TS. That would put an end to the free-money-machine.Quote from Nana Trader:
To Equalizer and Hektor, I agree TS should pay interest.
But ask yourself this question: what causing customers not get any interest, It's the platform that they want. So TS owe all it's income to its platform. Take out the plateform, interest income will disappear also.
Now, it depand from which angle everyone looks at this issue
I noticed that the average account size has dropped from the $100k+ that it was a few years ago to under $80K for equities.
And - LOL - the average number of trades (although this is a nebulous statistic) per account is under 600 (548) annually! Not exactly the active trader crowd the bozo on that conference called referred to (when asked about the shitty interest rates).
How people find it acceptable that they are being "raped" by TS on the interest rate paid on the account's cash balance is beyond comprehension. Free cash.