by greatpoint | Feb 2, 2018 | Proprietary Trading
The DOW Jones Industrial Average started with a dozen listed stocks back in 1896, and now lists 30 American conglomerates with only one original company, General Electric, still participating. The addition of Apple to the DJIA in 2015 shows that it is no longer a listing of just “industrial” companies. The DOW took 77 years to achieve the first 1,000-point mark, and in 2017 alone it’s achieved that five times over, ending the year near 25,000. (more…)
by greatpoint | Jan 3, 2018 | Proprietary Trading
Bitcoin has been a hot topic in the trading community the past few months, with spectacular runups in the price for Bitcoin and a whole host of alt-Coins. We could write for days on what Bitcoin is, or we could spout another article contributing to the FOMO syndrome (fear of missing out), but we would like to get right into the trading-related stuff and tell you what you really need to know about trading Bitcoin. (more…)
by greatpoint | Aug 2, 2017 | Proprietary Trading
Once you understand the very important differences between online brokers and professional trading firms, you will realize why you should dump your online broker!
Online brokers such as Ameritrade, ScotTrade, Fidelity and many others are the gateway to the stock market for most people. For savvy investors with larger balances or an active trading style, however, there are definitely better options that you should be aware of.
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by greatpoint | Apr 12, 2017 | Proprietary Trading
How Rising Costs of Stock Exchange Data Fees Affect Online Equity Trading
There is a lot of talk about the data access fees that the various stock exchanges are imposing upon brokers, traders and online equity trading firms, and for very good reason. All US Stock Exchanges, including the two largest in the world, the New York Stock Exchange (NYSE) and Nasdaq, provide market data through the Securities Information Processor (SIP), as is required by the Securities Exchange Act, for consolidation of displaying current pricing and securities activity. (more…)
