Usenet.com

www.Usenet.com

Group Index

Misc Thread Archive from Usenet.com

<-- __Chronological__ --> <-- __Thread__ -->

Re: Looking for a futures broker



Is this the same company that is the clearing firm for a lot of brokers?

"Alex" <[EMAIL PROTECTED]> wrote in message
news:[EMAIL PROTECTED]
> Hi Paula,
>
> Thanks *a lot*. I just found out that Rosenthal Collins Group
(FastTrading.com)
> has 190 actions against them.
> http://www.nfa.futures.org/basicnet/Details.aspx?entityid=0000756&rn=N
>
> Wow.
>
>
>
> "plaz" <[EMAIL PROTECTED]> schreef in bericht
> news:[EMAIL PROTECTED]
> > Dear Alex:
> >
> > Futures firms are required by law to keep customer funds segregated
> > from the general operating or proprietary funds of the firm.
> >
> > I represent ChicagoEFutures.com.  ChicagoEFutures is a division of
> > Kottke Associates, LLC.,a clearing firm of the CBOT and CME.  We offer
> > discounted rates, and internet access directly to the electronic
> > futures marketplace.
> >
> > There are no software or quote fees.  We ask for exchange minimums for
> > margins. You can access all the markets you are interested in using
> > our platform.
> >
> > Should you have any problems, our customer service desks are staffed
> > by seasoned industry professionals.
> >
> > http://www.chicagoefutures.com/
> >
> > Kottke has been in business for 14 years.  All the principals of our
> > firm have been involved in the futures business for 25+ years.
> >
> > http://www.chicagoefutures.com/about/ManagementP.htm
> >
> > You can check with the National Futures Association (NFA) to see if
> > any firm you are interested in has any complaints filed against them
> > or has ever been accused of any wrong doing etc.
> >
> > http://www.nfa.futures.org/
> >
> > I hope this helps in your search..............
> >
> > Best regards,
> > Paula
> >
> > "Alex" <[EMAIL PROTECTED]> wrote in message
> news:<[EMAIL PROTECTED]>...
> > > Hi Jos,
> > >
> > > Thanks for a long awaited on-topic post. It is my goal to
> > > open an account with a company that is specialized in
> > > (minis/financial) futures trading. The only real fear I have
> > > is not losing my money in the markets, but losing it to a
> > > company that is going bust or a scam.
> > > So I'm looking for a large company that has a good
> > > reputation, account protection, etc. If the company
> > > you mention is it... The margins sound great, what
> > > is the security like, how long have they been in business?
> > >
> > > Alex
> > >
> > >
> > > "Jos Barr" <[EMAIL PROTECTED]> schreef in bericht
> > > news:[EMAIL PROTECTED]
> > > > I clear thru Refco which is one of the largest FCM's in term of
> > > > capitalization.
> > > > AdditionallyI offer:
> > > > Direct access to Globex, A/C/E,E-CBOT,and Eurex terminals
> > > > Browser based and Java based trading platform J-Trader or TT with no
> > > > software to download
> > > > Online account status and emailed statements
> > > > 24-hour trading available
> > > > Exchange margin minimums (1/3 margins for daytrading)
> > > > Use of T-Bills as margin
> > > > competitive rates for Eurostoxx50
> > > > http://www.proedgeonline.com/joebarry/minidow.asp
> > > >
> > > >
> > > >
> > > >
> > > >
> > > > "Alex" <[EMAIL PROTECTED]> wrote in message
> > >  news:<[EMAIL PROTECTED]>...
> > > > > "Alex" <[EMAIL PROTECTED]> schreef in bericht
> > > > > news:[EMAIL PROTECTED]
> > > > > > Hi,
> > > > > >
> > > > > > I'm looking for a broker that specializes in futures so I can
daytrade
> > > > > > eminis contracts, mainly S&Ps and Nasdaq. However, I'm also
> > > > > > reasonably interested in Eurex futures, mainly ESX50.
> > > > > >
> > > > > > I want a brokerage that is:
> > > > > >
> > > > > > - 100% reliable, that isn't going out of business, and has
> > > > > > realtime and 100% perfect accounting (there are a lot of
> > > > > > futures brokers out there, most of whom I've never heard
> > > > > > of, so how do you know which one is sound?)
> > > > > > - low margins, low transaction costs
> > > > > > - good software (intuitive, doesn't crash)
> > > > > > - reachable support, in case the software gives out
> > > > > > or the position is unclear
> > > > > >
> > > > > > A couple of names, please tell me your *experience*:
> > > > > >
> > > > > > Direct Trade
> > > > > > Terranova Futures
> > > > > > RJO Futures
> > > > > > MB Trading (not strictly futures, but they're cheap)
> > > > > > Daytradeteam (daytradeteam.com)
> > > > > > Smart (smtfutures.com)
> > > > >
> > > > > So does anyone have experience with these specific brokers?
> > > > > I guess the best would be to have a broker that is backed
> > > > > by a large bank.
> > > > >
> > > > > Alex
>
>
>





<-- __Chronological__ --> <-- __Thread__ -->


Usenet.com



Please check out one of the premium Usenet Newsgroup Service Providers below for access to Usenet.