Hello,
My name is Gaurav. I have been lurking in traderji.com forums for the past 1 year or so but never got around to posting anything useful.
I have this dream of opening a nationwide brokerage firm. My educational background is in Computer Science ( I have a Masters in Computer Science from the USA) and naturally I would want to have a brokerage firm that is heavily reliant on technology.
The question that I want to ask now is " IS IT WISE to open a brokerage firm now" considering the fact that so many discount brokerage firms have opened up and commissions are coming down like crazy and everybody is actively targeting ACTIVE TRADERS !
I do have a lot of ideas about the brokerage firm and would like to share them with the community here at traderji.com.
A frank assessment would be really appreciated.
Thanks in advance,
Gaurav
My name is Gaurav. I have been lurking in traderji.com forums for the past 1 year or so but never got around to posting anything useful.
I have this dream of opening a nationwide brokerage firm. My educational background is in Computer Science ( I have a Masters in Computer Science from the USA) and naturally I would want to have a brokerage firm that is heavily reliant on technology.
The question that I want to ask now is " IS IT WISE to open a brokerage firm now" considering the fact that so many discount brokerage firms have opened up and commissions are coming down like crazy and everybody is actively targeting ACTIVE TRADERS !
I do have a lot of ideas about the brokerage firm and would like to share them with the community here at traderji.com.
A frank assessment would be really appreciated.
Thanks in advance,
Gaurav