Questions tagged [broker]

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IR Cap Forward Premium

A well known broker quotes cap/floors as spot premium for ATM straddles but forward premium for the skew, given that the difference between spot premium and forward premium is that the option is not ...
BrownianBread's user avatar
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Free paper trading with api

Im currently using Alpaca but I want to switch the service since it had some major outages. Does anyone know a good reliable free broker with paper trading and api so I can test my trading bot. Thanks
luis's user avatar
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What does it mean to cancel a NYSE OPG LIM order after open? Does the NYSE open auction not happen in an instant?

I've just placed a LIM OPG order for a NYSE-listed stock, waited until 09:31, and seeing it did not fill, I requested to cancel it (via the API) and, to my surprise, it was successfully canceled. But ...
Gabi's user avatar
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How do FX brokers decide to hedge or book a customer's trades?

FX brokers try to be more profitable by, - booking(b-book) the traders that are predicted to be losing money according to the trader profile or trading history. so, if the customer loses money, the ...
xyzt's user avatar
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how to test OMS functionality via FIX?

Has anyone done app dev that tests OMS functionality ( FIX ) ? Do any brokers or other financial entities make test apis available ?
BaltoStar's user avatar
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CFD broker spread as indicator for stock market

Retail trader on stock market has very limited ability to accomodate huge amount of information, it leds me to idea of using behavioir of more informed players - CFD brokers - spread of their CFD ...
Qbik's user avatar
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Why do we need a brokerage?

I understand that there exist direct stock plans that allow you to buy shares directly from a company. However, these have obvious and large downsides, so we can disregard them. Furthermore, I am not ...
cc88's user avatar
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1 answer
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Does payment for order flow happen on non-OTC stock markets?

I thought since brokers on non-OTC market have obligation to get its customers best execution price, it’s meaningless for dealers(market maker) to pay brokers for the order flow for dealers to make “...
Kmd's user avatar
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How do brokerage firms provide liquidity?

Do they directly put limit orders on the order book? Or do they automatically fill limit/market orders from customers and have offsetting position with their market maker(LP) to offset their net ...
Kmd's user avatar
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When you are delta-hedging by using shares, what is used? FIFO or LIFO? (Natenberg example)

When delta-hedging and using shares to do so, which "accounting" method should one use via their brokerage when they are executing the said delta-hedging adjustments? FIFO (first-in-first-...
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How do trading firms that pay for order flow make money from "arbitrage"?

I understand that retail brokers pass their customers' trades on to trading firms, and receive a payment for order flow in return. These trading firms carry out the trades and presumably also have to ...
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IG - WTI Spot Price vs Future

I am a beginner and have a basic question. I was looking at OIL - US Crude in IG today (20th of April), they have a spot and a future contract. Today was the last trading day for May future ...
XTrading's user avatar
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Charting & Trading platform with 3rd party integration

so it's 2020 and I'm surprised that there don't seem to be any platforms that provide clear and easy integration with a 3rd party backend for indicator/signal generation, charting, trade execution, ...
Jed's user avatar
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Why would a principal 'insist on a name' at the original price

A Dealing Certificate practice question What is a principal doing if he 'insists on a name' at the original price? Answer: He refuses the broker's compensation and demands that the transaction is ...
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