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pointsnfigures

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Everything posted by pointsnfigures

  1. I own two seats. One I trade on, one I lease. It occurred to me that the exchanges make it very difficult to lease seats. Many traders don't even know you can, or how to do it. Parts of exchanges are in the 21st century. Leasing isn't. It's a call around market. We programmed it to make it electronic. It's fully automated, with automatic paperwork and auto bidding and offering. You click to confirm a trade. after polling a lot of folks in the trading community, I found that many didn't even know you could lease a seat and save big money on commish. So we created a calculator that is free to use. For example, if you trade 26 cars a day per side in the emini, you should be leasing a seat at $400 per month. That's break even. Check it out and if you trade any volume at all, start saving money.
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