Where to go after Refco?

RefcoPro=EasyActiveTrader is a good trading platform. It's superior to X-Trader in some point. Not that expensive, single longin, covers all markets etc.

Clients service was very good. I felt very stable with Refco representives unlike other brokers I had accounts.

JC Flowers takes over the RefoPro and the other brokage biz, right?
 
Quote from FredBloggs:

no way dude (imo :) )!! you surprise me!

if i do move from refco, it will either be transact or velocity (that you wisely mentioned in another thread) for electronic stuff.

no way would i touch ib. geez - refco may be in a bad way, but at least they are still answering the phones and have a reliable platform that doesnt need a rebuild every 5 mins!!
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Transact and Velocity are very good --- have never had any problems with these two companies. I use TradeMaven Pro with Transact and XTrader with Velocity. if you do some decent volume the rates can get real good.
 
Quote from MacroEvent:

Transact and Velocity are very good --- have never had any problems with these two companies. I use TradeMaven Pro with Transact and XTrader with Velocity. if you do some decent volume the rates can get real good.
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Velocity rates are miles more expensive than Refco's clearing - you only needed to 25,000 RT with Refco to get their cheapest comish and it was about half the price of Velocity's 100,000 RT rate
 
I have a related question that I would really appreciate some help with.

Is it possible for private traders to use a large investment bank like Goldman Sachs or Citigroup as a futures broker? Naturally the fees would be much higher, but there would be some benefits. Anyway, is it possible? Or is their some prohibitively high account minimum?

Thanks in advance.
 
Quote from OneHipCat:

I have a related question that I would really appreciate some help with.

Is it possible for private traders to use a large investment bank like Goldman Sachs or Citigroup as a futures broker? Naturally the fees would be much higher, but there would be some benefits. Anyway, is it possible? Or is their some prohibitively high account minimum?

Thanks in advance.
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give em a call!
 
Quote from Arbitrageur:

Velocity rates are miles more expensive than Refco's clearing - you only needed to 25,000 RT with Refco to get their cheapest comish and it was about half the price of Velocity's 100,000 RT rate
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you have not completed a successful negotiation process then. :)



also what products are you talking about -- curious?
 
Quote from gemini_315:

I need to trade:

Pit Gold and EFP's
Pit Silver and EFP's
EuroFX and EFP's
mini S&P
30yr Bond

Commisions at Refco were very good. Looking for firm's where I can trade the above. RCG does not do EFP's.
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Any other firms that would be good alternative to Refco?
 
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