Skip navigation
Menu
Search Forums
The Advisor ForumsRIAs, Independents

Discretionary Trading

or Register to post new content in the forum

4 RepliesJump to last post

 

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Aug 7, 2008 8:27 pm

snaggletooth

Joined: 2007-07-13Offline

Does anyone have a BD or know of a BD that allows discretionary, commissioned based trading?

Aug 7, 2008 10:17 pm

anonymous

Joined: 2005-09-29Offline

[quote=snaggletooth]Does anyone have a BD or know of a BD that allows discretionary, commissioned based trading?[/quote]

Snags, what’s wrong wif you?

Aug 7, 2008 10:37 pm

snaggletooth

Joined: 2007-07-13Offline
VA Salesman:

[quote=snaggletooth]Does anyone have a BD or know of a BD that allows discretionary, commissioned based trading?[/quote]

Snags, what’s wrong wif you?

  It's not for me, it's for someone else. 
Aug 8, 2008 12:34 am

Morphius

Joined: 2007-07-22Offline

[quote=snaggletooth]Does anyone have a BD or know of a BD that allows discretionary, commissioned based trading?[/quote]
I am not aware of any.  Discretion with fees, yes, but not with commissions.  That’s a scary compliance combination: discretion so you can trade without prior approval, combined with compensation that increases the more you trade.  Red flags waving vigorously in compliance land.