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Bob
 
Hi Robert, what exchanges does Light Speed allow Option Traders to use a Reserve Book? Currently I am stuck with Nasdaq and NYSE but would love to have CBOE and BOX or BATS. Does Light Speed have all these Exchanges and have they developed a program that allows active Option Traders to get Exchange rebates? Are you allowed to post the Rebate for EDGX and BATS, ARCA and INCA(Nasdaq) or is that on a case by case basis?
 
Yes, we can offer Option DMA with the maker/taker fee schedule on some platforms including Lightspeed Trader. I'll find out which of the 14 option exchanges we have access to tomorrow. What is the Reserve Book? I'm not familiar with the that term.
 
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JesseJamesFinn1 said:
Hi Robert, what exchanges does Light Speed allow Option Traders to use a Reserve Book? Currently I am stuck with Nasdaq and NYSE but would love to have CBOE and BOX or BATS. Does Light Speed have all these Exchanges and have they developed a program that allows active Option Traders to get Exchange rebates? Are you allowed to post the Rebate for EDGX and BATS, ARCA and INCA(Nasdaq) or is that on a case by case basis?
More...

I will respond in a PM
 
JesseJamesFinn1 said:
Hi Robert, what exchanges does Light Speed allow Option Traders to use a Reserve Book? Currently I am stuck with Nasdaq and NYSE but would love to have CBOE and BOX or BATS. Does Light Speed have all these Exchanges and have they developed a program that allows active Option Traders to get Exchange rebates? Are you allowed to post the Rebate for EDGX and BATS, ARCA and INCA(Nasdaq) or is that on a case by case basis?
More...

The quick answer is, that on Sterling Trader Pro, another platform we offer, we can access the 14 option exchanges and the 5 Complex order books for DMA. Those are ISE, CBOE, AMEX, PHLX and BOX.

Bob
 
Yes, for Lightspeed Trader-$25,000 USD-Account must stay over $25K to day-trade, so I would suggest a little more.

If you are from France, and you want to give us a try, email me your name and contact information and I'll send you out the new account forms for foreign accounts. Only domestic individual accounts can be done electronically on the website.

Bob
 
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