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I've spot checked the NDX option volume on various days in ToS, and it seems that NDX and RUT have similar volume traded during the day. I know a number of traders who do large size in the RUT, all retail traders though. I expect that Institutional Traders are already members of the different...

Sadly, yes. That's the new all-in price per contract. You might be able to get a reduction in your commission ($0.65) if you ask. It could help offset those fees.

Still better... My ToS (TDA) trades today are showing $0.59 for SPXW fees and $0.19 for RUTW. So, the Schwab fees are still better. I wonder how they'll align when they consolidate my accounts, or rather convert my accounts over to merge into my current SCHW IRA and Brokerage accounts...

I'm curious if anyone has placed trades, as I've wondered how I might track or price options. Since the SPX stops calculating at RTH closing time, I'm thinking that I'd use /ES as a proxy, while subtracting premium. I've gotten fills after the market closes on some Day orders with IBKR, but...

This is an interesting topic. I did some digging on some other lists and forums that I'm subscribed to, and the pickings were slim. I did find one, but it seems to be UK-based, and I don't know if it applies to US trading: https://hedgefunds.globaltradersacademy.org/en/seed-capital-program/

@Steve G, Resources might be another thing to think about with all of the trades you are monitoring. Are you able to tinker with the config of Parallels? @srk, wow, that's impressive! It takes concentration and solid skills to stay up with all of those trades at once. I image that's a fairly...

I understand @RJM, that makes sense. In my day job, I'm a huge proponent of automating everywhere possible to free up people to do the creative thinking and what if's. For ToS, there's a small utility application called "Create ONE Import" but I cannot find the name of the developer as the...

I liked E*Trade overall, and selling the backend may not be so bad. My experience with them was generally good with trading, but ugh, administration, not so much. I opted for the program where I lend out shares I own for an added revenue stream (FPL, Fully-Paid Lending?). But it was...

Haha, yep! Indeed, sorry for the confusion I might have caused.

I don't have specific experience with business accounts held with brokers for trading, but I can offer my perspectives overall. I hope others can chime in too. IBKR seems to be quite flexible and accomodating, with trading policies that make sense. I've found TDA to be very good at...

I think there could be two things going on that might make this a head scratcher. One is that if, for comparison sake, you purchased a fut contract in Nov 2020 at the time you bought the 2-year Note at auction, you'd have to keep rolling it over and suffer contract drag. That is the cost of...

Yes, the burning question. I'm able to trade SPX and RUT options in both my Brokerage and IRA accounts with TDA, but in my SCHW accounts, it's prohibited in my IRA. I expect that SCHW has tighter risk policies and they will apply the most conservative rules from each brokerage during the...

I believe TastyTrade clears futures through Apex Clearing, for which they add a 30 cent charge on each side of the transaction, minis and micros both. When I traded with them a few years ago, that was the case. I got electronic statements with co-branded headers (Apex and Tastyworks) sent via...

Hi @tom, Thanks for the information! I'm sure this will be helpful for many on these forums. Even better if you can get a reduced commission for the group as a whole. It's much appreciated! Something for many to consider is that brokers will generally look at your previous trading volumes...

I believe this limitation is driven by an exchange rule around intraday data-distribution for the previous day. It isn't available until the start of regular trading hours (RTH) the following day. Neither my IBKR or TOS API's can get this, and if you try to run ThinkBack on ToS, you'll see that...

This is really great to hear, @AmyM. Although I don't trade from an Apple ecosystem, I do use ONE, and I find it reassuring and confidence-inspiring in this vendor that they are being responsive and continuing to develop the platform to keep up with newer technologies. Thanks for sharing and...

By choppy trading, I mean that it has periods of low or no volume, e.g. 10 seconds, then it will print a few ticks away from it's last price. Meanwhile in the market being rolled over to, the trades are happening more or less continuously. Of course, this will be much less extreme in very...

This is interesting work, @JerseyJIm. I appreciate Vocs' approach to iterate through the trade logs and refine the testing. That's such a critical and usually overlooked process by most users of backtesting software. Understanding edge cases, and testing the tests... Thanks for sharing!

Yes, there's an algorithm for that. Continuous contracts, like /ES<infinity symbol> on ToS will generally switch over the front month to the next expiration cycle depending on a time-based or trading volume-based trigger. Something like x-days before, or when the next Expiration reaches a...

@Marcas, I agree. Typical software will show a static picture of the modeled "now" as well as let you click backwards and forwards to see what a change in time will theoretically produce. You can click Volatility up or down to see the effect, but there are some embedded assumptions such as...