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Why the smart traders insist on Direct-Access Executions.Tired of getting burned by Market Makers who trade against your orders or brokers who can never find a bid or offer when you need one? Most investors do not realize that when they trade stocks through traditional online brokerages or web-based trading services, they are not trading in real time. In fact, they are essentially trading by email. Traditional online brokerages are often nothing more than a slow conduit for transmitting the order you placed on their site back over to a third party market-making desk for execution. This practice, known as "selling order flow", results in slow fills of poor quality. You often end up paying more for your shares since they are seldom executed at the best available price. Most investors think this is the only way to trade. They have never experienced the exhilaration of a flash-fill - or the thrill of sniping the exact bid they wanted, then receiving instant confirmation. This level of trading sophistication can be attained only through direct-access trading. Direct Access Trading represents the next generation of online trading. Unlike traditional online brokers, direct access trading platforms bypass middlemen and routes your trades directly to market makers, ECNs and exchanges. This direct routing allows for almost instantaneous trade execution and confirmation. The Benefits of Direct-Access ExecutionsInstantaneous executions at the best-possible priceA trade placed through a standard online platform is still a trade conducted through a broker. Conversely, direct-access trading allows you to connect directly to the market and removes your reliance on a middleman by eliminating them completely from the equation. This routing creates a scenario where all trades are executed almost instantaneously. With direct-access trading, you are in control. You are able to find the price you expect and not settle for a price allocated to you. Increased profitability and lower trading costsDirect-access trading allows you to enter the market directly and lower your overall costs. By filling your trades at the best-possible price using a real-time interface, you can improve your profitability by several points per trade. Dynamic trading platform for electronic execution of both stocks and options.TurboTrade's dynamic trading platform is a powerful investment tool. In fast-moving options and equities markets, or in volatile situations like after an IPO, you can engineer positions to your advantage that would normally not be available through traditional online platforms. Best of all, this occurs in a secure environment with your orders executed by Bank of America/ETS and cleared through Penson. Decide where to route order from an arsenal of multiple Exchanges, ECNs and Market Makers.The versatile interface allows orders to be placed on an array of different exchanges--from the NYSE and NASDAQ, to alternative and regional markets. Fill orders in real-time through ECNs where you can find immediate buyers and sellers ranging from Institutional Investors to Market Makers. The variety of options available allows you to directly route your order to ensure a fast-fill. Anonymous trade routingWith TurboTrade, you can select from 10 different routes to fill your trade. Since your trades are near-instantaneous, you can implement strategies that allow you to accrue stock with limited exposure and privacy. Fully customizable software allows a more comfortable feel and drastically reduces learning curves.TurboTrade's Level 1.5 and Level 2 software is fully customizable to create a unique trading experience. Full customizations of 'Hot Buttons' allow you to set-up single-click order entry, saved custom lists, set incremental prices, create custom charting options and a host of other features. The Dynamic Data Exchange allows you to export data into your Excel for use in your existing models. Built-in analytical tools are designed to assist in your investment decisions. TurboTrade software has been created with the user in mind. Smart traders use direct-access executions to get a competitive advantage over the rest of the investing community. TurboTrade gives you that competitive advantage. The best price and the best execution comes standard. TurboTrade is a premium level platform that is the smart choice for traders. |
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Equities / Options 