Is Your Broker Reliable?
https://youtu.be/YJs1aUtCAOs If you’ve dealt with unreliable trading technology in the past year, you’re not alone. Both slow reporting and complete outages happened to several trading firms during high volatility days in 2021. Having an executing broker whose...
The Value of Queue Position in an Order Book
There is a great little barbecue place in Austin, TX called Franklin BBQ. People come from all over the country for this excellent BBQ and fantastic brisket. Many days, the line outside Franklin BBQ starts before 5 a.m. Franklin has no set closing time; they serve...
What is Rule 15c3-5?
Before an order is eligible to be sent for execution, it must pass through a broker’s pre-trade risk check to ensure the order is not violating any pre-determined thresholds. This rule is known as Rule 15c3-5, but what is this rule exactly? Bob Iaccino...