Velocity Futures

GoodTrades · Nov 20, 2003

The trial is just to test us out.

Any traders doing decent volume should find our rates very competitive, and our service outstanding.

GoodTrades · Nov 20, 2003

intra-day margin for the ES is $500

EMini-Player · Nov 20, 2003

Quote from velocity_trader:

intra-day margin for the ES is $500

Sweet!

-Fast

KK70 · Nov 21, 2003

Hi Mark:

Do you have any commission plans for the lower volume trader? Interested to know if there is a non-software option where one does not have to pay $500/mo. but pays slightly more in R/T commissions like Interactive brokers.
Thanks!
-kk70

GoodTrades · Nov 21, 2003

Our target is more toward the high volume traders full-time traders, CTA's and Hedge Funds. This is the segment of the market we are familiar with and feel we can cater to better then other firms.

PM me and I'll give you a list of firms that have better deals then IB, for lower volume customers or those not looking to pay a software fee. I have no interest in any firm I recommend, besides sharing my knowledge who's rates are what.

Foz · Nov 21, 2003

Quote from velocity_trader:

We are located in Houston and are in the process of opening an office in Chicago within the next six months, trying to coinside with the launch of Eurex USA

How did you decide you wanted a Chicago office? You aren't going to have a trading arcade, are you? Is there something you can do better from Chicago than from Houston?

EMini-Player · Nov 21, 2003

Quote from Foz:

How did you decide you wanted a Chicago office? You aren't going to have a trading arcade, are you? Is there something you can do better from Chicago than from Houston?

I'm in Chicago...that's why

-Fast

waggie945 · Nov 21, 2003

Hey Mark,

That is one heck of a sweet deal!

X-Trader for FREE for one month and $500.00 per month thereafter?

Wow!

And once the one month trial round turn commissions thaqt you listed above are done, the rates are about $3.90/$3.95 per round turn for E-Minis and Bonds?

That's GREAT!!!

GoodTrades · Nov 21, 2003

It will not be a trading arcade it will be a data center. Its seems logical to us that a presence in Chicago will make us more attractive to traders there.

ElectricSavant · Nov 21, 2003

Quote from velocity_trader:

It will not be a trading arcade it will be a data center. Its seems logical to us that a presence in Chicago will make us more attractive to traders there.

Your rates are making quite a good impression on me.

Michael B.