If you would like answers to your questions about program trading then please click here.

HL Camp Review | NASDAQ Market Makers

HL Camp Review | NASDAQ Market Makers

Each week, the NYSE says that program trading averages more than 90% of all of the trading done on the stock market. That is more than 9 shares out of every 10 shares of stock, that is done by computer assisted trading programs. So, if you are day trading and online trading stocks or futures, it is probably a good idea for you to start learning a lot more about program trading, index arbitrage, fair value, the premium, and the execution of buy and sell programs. And it is also a good idea for you to learn just exactly who is doing all of this index arbitrage and program trading on the NYSE and NASDAQ stock market, at exactly what time they are doing it, and with which stocks.

In order to help you learn more, we've listed some of the top program trading and index arbitrage firms and NASDAQ Market Makers below. We've also included their four letter market maker symbol for NASDAQ, just in case you are online trading stocks on NASDAQ Level II and want to know which NASDAQ market makers you should be watching very closely. Especially when you see the PREM move a lot.  We pay special attention to the NASDAQ Market Makers in red. If you would like to know why, then send us some email and we will answer you promptly.


UBS Securities, LLC


Merrill Lynch

GSCO Goldman Sachs & Co. MSCO Morgan Stanley & Co. Inc.
WEDB Wedbush Securities SBSH Citigroup Global Markets, Inc.


Two Sigma, LLC

JPMS JP Morgan Securities, LLC
SGAS SG Americas Securities, LLC


Bank of America Securities


Commerzbank Capital, Inc.

DBAB Deutsche Bank Securities, Inc.


Barclays Capital, Inc.

HSBC HSBC Securities
FBCO Credit Suisse Securities, LLC BNPS BNP Paribas Securities Corp.
RBCD RBC Capital Markets, LLC INCA Instinet, LLC


Jefferies Execution Services

NMRA Nomura Securities, Inc.


Wells Fargo Securities

LIME Lime Brokerage LLC SUSQ SIG Brokerage LP
CUGS Cuttone & Co. Inc. CIBC CIBC World Markets Corp.
IBKR Interactive Brokers


Cowen Execution LLC

ABNA ABN AMRO Clearing Chicago


Weeden & Company


Apex Clearing Solutions LLC.

BERN Sanford C. Bernstein & Co., LLC
STFL Stifel Nicolaus & Co, Inc.


Dash Financial LLC

CDEL Citadel Securities VIRT Virtu Financial

Now you know who is doing all of this program trading. In order to find out at exactly what time they are doing it, you will have to do a lot of research. For most traders, it is a lot easier to just buy our research.

And if you want to know which stocks that they are using, you will have to have a ton of computer equipment and software, good data feeds, and do a lot of research and study. If you would like to know how we do it, then click here. If you would like to know what stocks they have been using lately, send us some email with your name and phone number and we will call you with the URL for one of our Program Trading Stock Reports.

Additional information about program trading and index arbitrage, program trading firms, and who else is day trading and online trading stocks on the NYSE stock market and on NASDAQ Level II or stock index futures is available by attending one of our Program Trading Seminars.

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