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Orlando, Florida United States
Experience: Intermediate
Platform: MultiCharts
Trading: ES
Posts: 19 since Nov 2010
Thanks Given: 15
Thanks Received: 12
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I see the lawsuit that Amp Futures has started and like everyone else, I
resent it. It would help if everyone who made negative comments concerning
Amp Futures would send a copy of the Trading Agreement that they were
required to sign when they opened an account with Amp, to either Big Mike or
the Forum. If those agreements require traders to accept "in house trades"
(or similar wording), that type of agreement stipulates that a trader will
accept fills from sources other than the market. In plain words, any fill
that a broker might choose to give a trader. The CME is pretty good in dealing with
this type of issue. I don't know the legality of that type of agreement,
but certainly traders should be warned about it. Some may call it "slippage", I have
another name for it.
Best wishes,
WCwings
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