The companies, products and regulatory developments shaping the broker industry.
A fixed $0.0026-per-share payment became 12% of the quoted spread, lowering the formula at narrow spreads and increasing it at wider ones.
Monex’s latest presentation shows a broker with fewer TradeStation accounts but more trades, assets and cash—and a segment whose gross financial income slightly exceeded all commission income combined.
A one-item reconstruction turns an apparent 50% operating improvement into a result that was effectively flat.
A new integration connects strategy screening, order tickets and position tracking for TradeStation customers, with special pricing restricted to qualifying accounts.
The integration combines options screening, multi-leg orders and position tracking. Qualifying clients are offered a QuantWheel subscription and $0 per-contract commissions on eligible non-index options placed through it.
An initial decision in Kaminski v TradeStation separates the failure of a customer’s complaint from the broker’s attempt to recover defence costs under an indemnity.
Selected equity options gained a 07:30–09:25 Eastern session on 19 October, with a short late window for some classes. Broker support, contract eligibility and order instructions determine the usable access.