Fair price for ATS | Trading Reviews and Vendors

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Fair price for ATS

  #38 (permalink)

Membership Revoked
United States of America
Trading Experience: Advanced
Platform: NT
Posts: 1,149 since Aug 2009
Thanks: 262 given, 475 received

joe11 View Post
After having tested a "large" number of ATS over the last 6 years, I would pay 0 upfront for it. BUT I will pay 20% of the profit on an annual (or semi-annual, not quarterly or monthly) basis.

In other words, you would pay only for performance regardless if you took the trades? That is not the way this works.

The vendor is selling subscriptions on a month-to-month basis with a no penaltyand cancellation at any time. that is to say, your commitment is for 30 days only. There is a pricing plan for a long term commitment, but that is not part of this exercise.

If you care to change your answer, let me know.

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