Robert Morse
Sponsor
T3 has a trading desk in lower NYC. They use Sterling and LS.
Why does T3 take 5% of profit, and SMB takes 60%?
- Thread starter Risepoint1879
- Start date
Anyone having a similar experience this week trading at T3 …. all my short orders for stocks are being "Rej - Locate required for non broker dealers" - since this Monday 1/14. I am on Sterling. I ask the tradedesk daily for an update, and they simply say they are asking Sterling about it but no fix. In the past, it simply was an issue with the ETB list being updated in the Sterling system. But, the fix was quick. This seems strange. Any input, would be great from the community.
I am suprised T3 can't help you with that. What are the 9ther traders saying?
Are you actually at T3? Do they just take 5% profit split? Any hidden fees or scams?
Yes, I am prop at T3. No hidden fees, or scams. I was at ECHOtrade, prior starting in late 2000 trading. Once ECHOtrade closed, I started at T3. I can't complain, however this is such a simple fix, but taking 4 days so far. I simply can't trade without short side.
Robert Morse
Sponsor
What symbol?
all symbols, SPY etc. last week, everything fine. sometimes they have moved me to different server and sterling does not put in the correct settings in their manager app, but they eventually figure it out.
It sucks man. And it can skew your mental, seeing longs where they don't exist, because that's the only option.
What kind of commissions are you paying per share? .006? And why would someone give SMB 50% profit split when T3 only takes 5%? This makes no sense to me.