Kim 7,503 Report post Posted January 2, 2014 We get a lot of questions regarding different options of using our services. We currently offer three alternatives: Self-managed accounts (SteadyOptions, Anchor Trades and Steady Condors). Auto-trading (coming soon, Anchor Trades and Steady Condors). Managed accounts (Anchor Trades and Steady Condors). We would like to describe each one of the alternatives, using Steady Condors as an example.Click here to view the article Share this post Link to post Share on other sites
Turtle 1 Report post Posted January 2, 2014 Great summary Kim, Thank you. I believe neither auto-trading (GAT) or managed accounts are available to Canadians. Share this post Link to post Share on other sites
Marco 221 Report post Posted January 2, 2014 Great summary Kim, Thank you. I believe neither auto-trading (GAT) or managed accounts are available to Canadians. I emailed GAT a few days ago on that matter and they said: "At this time we are only accepting US resident accounts. However we should be accepting non-US accounts in the second half of 2014." Share this post Link to post Share on other sites
Turtle 1 Report post Posted January 2, 2014 Thanks Marco Share this post Link to post Share on other sites
artie 1 Report post Posted January 2, 2014 so if I would like auto-trading, should I still hold on to hope that you guys will be available through TOS - or should I begin the migration to IB? Share this post Link to post Share on other sites
Kim 7,503 Report post Posted January 2, 2014 Hope is always good, but like in trading, hope is not a strategy.. On a serious note, it is not up to us. TOS does not accept new services for at least 2 years if not more. We "hope" to get approved based on the fact that Chris and Jesse use their institutional platform for their managed accounts, so they went through a long compliance process already. Most newsletters that auto-trade are not even run by licensed advisers. If anyone would get approved you think it would be us, but you never know. Share this post Link to post Share on other sites
Marco 221 Report post Posted January 2, 2014 out of curiosity how does an auto trader like GAT allocate trades if it gets filled at different prices? Can they allocate at an average price (with frachtions of cents). Say they execute 1,000 lots and 990 get filled at 1$ but for the last 10 they have to lift 1.05, does anyone know how that gets allocated? I assuem what ever the solution is that would also apply to managed accounts? Share this post Link to post Share on other sites
Kim 7,503 Report post Posted January 3, 2014 I believe it is an average price. Share this post Link to post Share on other sites
pezzodefero 0 Report post Posted January 3, 2014 Kim, would be possible to make a survey to know how many members would be interested is "SC managed account" using IB(if it is possible for Jesse and Chris to manage non US resident account). If we are quite a few maybe is something to consider. thanks for your time Gabriele Share this post Link to post Share on other sites
Jesse 315 Report post Posted January 3, 2014 I think I should get an answer from TOS next week on if they will autotrade for me. I talked with them earlier today, and I'm encouraged by the phone call, but we will see. Prices are averaged on partial fills on both the autotrade and managed account side. I would like to see a survey like Gabriele mentioned, as well as a survey of how many members would prefer autotrade at GAT compared to TOS. Kim, can we do this? Share this post Link to post Share on other sites
Kim 7,503 Report post Posted January 3, 2014 http://steadyoptions.com/forum/topic/1733-brokers-survey/ Share this post Link to post Share on other sites
