Monday, July 17, 2017

Why Prop Traders Need Control of Orders


In this complex and often predatory market environment, it is of the utmost importance to have control of your orders.  With Payment for Order Flow arrangements, and Maker-Taker allowing multiple market participants to piggy back off your order and capture profits that could be yours, you need to know how to survive and thrive in the current market structure.
For the retail customers that are trading just a few times per month, the amounts made from front running your order is negligible.  But to the HFT firms doing this with thousands of accounts every day it adds up to millions of dollars.  
To the trader with larger accounts trading 50,000+ shares per month, these amounts will add up very quickly.
You need to have greater control over your orders so that you capture extra profit per trade, rather than have your orders sold to someone else.
How to Take Control of Your Orders
The availability of order types that allow you to go directly to dark pools, combined with an increased knowledge of the market, is necessary to enhance your order options and trading experience.  It is also necessary to have experience and resources to place orders at the midpoint of the NBBO, and to capture rebates when adding liquidity to the market.  
Great Point Capital has the resources and the availability of order types, combined with an increased knowledge of the market to maximize your trading returns.  
Rather than selling your orders, we help you to direct your orders to the venue that gives you the best outcome.
Great Point Capital Provides the Tools for Trading Success
Great Point Capital offers modern technology with Takion Software and IT support, beneficial order types, capital, stock loans, flexibility and payouts with benefits.
Technology
Great Point Capital utilizes Takion Software, the most modern trading platform that meets the needs of active traders.  Takion is selective in providing their software to only experienced trading firms.  We employ skilled traders to take full advantage of all capabilities that Takion has to offer.  
Order Type Availability
We offer access to the most beneficial order types, including order types to go directly to dark pools, to place orders at the midpoint of the NBBO, and capture rebates when adding liquidity.
Capital
Great Point Capital gives you the resources to benefit the most from your trading, providing one of the largest capital bases among prop trading firms.  We give you additional leverage that you would not otherwise have, and provide excellent opportunities to earn maximum returns on your trades, without being limited to your personal resources.   
Flexible Location
You can have the flexibility to trade remotely with internet access, or in our offices in Chicago or Austin.  You can trade by hand or develop an automated strategy, the choice is yours.
Stock Loan Accessibility
Great Point Capital partners with firms that specialize in finding difficult-to-borrow names, giving you a wide selection of stocks to trade.
Benefits and Payouts
Registered prop traders with Great Point Capital have access to our group health plan, and enjoy aggressive payouts.
With the multitude of choices available to traders today for routing your orders, it is challenging to know exactly how to take control of your orders.  Great Point Capital has the experience, , capital, technology, and the order types to provide the most beneficial environment for you to take control of your orders and net bigger returns.   
Great Point Capital has been serving the trading community since 2001.  Our 100+ prop traders actively trade the firm’s capital, specializing in equities and equity options.  We are one of the select few firms that can offer access to Takion Software, enhancing your trading performance.  For control of your orders and to earn to your maximum potential, contact us today to speak with one of our knowledgeable staff.  


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