recolemanflemi's Space http://recolemanflemi.posterous.com Most recent posts at recolemanflemi's Space posterous.com Tue, 03 Jan 2012 18:57:00 -0800 Many Features Are Important For Good Trading And Rediplus Is By Far The Most Important http://recolemanflemi.posterous.com/many-features-are-important-for-good-trading http://recolemanflemi.posterous.com/many-features-are-important-for-good-trading If you want to be guaranteed reliability in the trading platform that your prime broker offers, you should choose one that offers the rediplus trading platform for excellent execution. Choosing the right broker is important for the success of your portfolio, and a powerful trading platform is one of the most important criteria you should be watching for.

Other features that you must make sure you broker can offer you are instant portfolio reporting, trade reporting with time and sale, date protection, tick by tick trading capability, P&L monitoring and quote to quote windows to watch all indicators for any number of stocks you may want to follow.

Most brokerages have been successful in installing these sophisticated technical features on offer to their clients, but also consider the basics, and make sure your prime broker addresses them. Make sure your broker is able to manage accounts of any size, since you don’t want to be limited, or have to move to another broker once your portfolio grows. In this quick paced environment, a top notch execution team is critical to the success of your investments, so make sure you broker has a superb back office staff behind him. Another important feature that any good broker should be able to offer is direct access to all three big exchanges, Amex, NYSE and Nasdaq; a Rediplus trading platform will automatically do this. Visit and check twitter to get ideas about the issues.

The next important feature to watch for in a broker is that you can take advantage of trading both options and futures if you decide to. Just because you are currently not involved in options and futures, you should not deprive yourself of this additional trading opportunity for the future. Another important feature that you should have available, even if you do not use it, or are not eligible for it currently, is margining. How you trade, the size of your portfolio and new market opportunities may mean that someday you will be trading in a different manner, and you need to be prepared for any future growth or change.

If a broker can offer all of these features, you are finally ready to look at that all important issue, pricing. Studying the markets and making bold and intelligent trades is only going to get you so far, if all the profit your hard work earns is hit with high fees and commissions, so be sure your prime broker is as competitive in pricing as he is in features offered.

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Tue, 03 Jan 2012 18:56:00 -0800 A Rediplus Trading Platform Is The Sign of A Superior Brokerage Firm http://recolemanflemi.posterous.com/a-rediplus-trading-platform-is-the-sign-of-a http://recolemanflemi.posterous.com/a-rediplus-trading-platform-is-the-sign-of-a Good trading often means split second timing, and so you need to make sure that your prime broker can offer you a powerful trading platform such as rediplus to execute your trades. When you are deciding on a broker, whether to begin trading, or to switch brokers, one of the most important factors in the decision should be the trading platform used.

Once you are comfortable with that, you can start to think about other features you want to make sure you can use with this broker, such as time and sale, tick by tick trading, instant portfolio reporting and a quoting system that lets you see all of the information on any number of stocks.

Most brokerages are scrambling to have these sophisticated technical features on offer to their clients, but you must also think about the basics, and make sure your prime broker addresses them. Make sure your broker is able to manage accounts of any size, since you don’t want to be limited, or have to move to another broker if your account gets larger. A very critical feature to watch for in a brokerage firm is excellent execution of trades, because if the back office cannot handle large volumes, trades may be lost and reporting may be inaccurate. Next, you should inquire and make sure that the broker you are considering is using a platform, such as Rediplus, that can give you access to the major exchanges that you want to trade on, NYSE, Amex and Nasdaq. Have some time to visit wikipedia to gather ideas with regards to the issues.

A sophisticated brokerage system will also be able to offer its clients full options capability as well as complete futures capabilities. Even if you currently only trade equities and bonds, you may want to expand your trading choices to include options and futures. Margining is another important service you should make sure your broker offers; you may not be immediately eligible, but you should be ready for the future by having that capability. When you are making the decision to work with a broker, you should make sure that the widest range of services possible is available, so that as you account grows, or your knowledge and comfort level increases, you have new trading options to take advantage of.

If a broker can offer all of these features, you are finally ready to look at that all important issue, pricing. A brokerage account is useless when a great deal of your profits are eaten away by fees, and if you do a lot of in and out or day trading, you want to make sure that your prime broker offers services are competitively priced and that you are guaranteed low brokerage commissions.

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