|
PureBytes Links
Trading Reference Links
|
Bruce,
I traded with Block for over a year. This is an excellent firm, data feeds are
free
to remote or in office traders, that is once remote service comes available.
Block a little slow to offer this service. I left Block because at the time
they were only offering service to trade NASDAQ stocks only. In mid 1997 the
started offering trading on
NYSE and AMEX through the SuperDot Listed computer system. One good thing I
can say about Block is that they offer covered margins calls in case a trader
buys more stock than his 2 to 1 margin allows. Private members allow use of
their cash to cover positions at 17 % interest. For intraday trading this
could amount to
$10 to $25 in interest for using their cash. The advantage is that it
increases your buying power and more cash availble means one can buy more
sstock to make more cash of course losses can deplete cash but short term
trading will limit losses to conserve capital and survive to trade another
day.
Currently, I trade with Harbor Securities, LLC which offers 10 to 1 margin
trading
access to afterhours trading through Instinet, Island, and other ECN's that
the market makers use to trade. Harbor also offers Options through First
Chicago Options
which has an office on same floor as Harbor just around corner from NYSE.
Harbors web site is www.daytrading.net for more info, they offer remote
trading and may have office in your area as well. As for execution speed, both
firms are comparable and lightning fast. Also check out these firms I found on
the web
Castle Securities at www.castleonline.com
A.B. Watley at www.abwatley.com
Good luck.
William
|