NASDAQ Vs NYSE Vs LSE!!! Can Someone Help?

[minhphan2506 10]

I recently got into a trading firm and they promise to train me for a year. They ask me to compare couple stock exchange markets like Nasdaq, Nyse, Lse. Can you pros tell me as a day trader, what are the most important things to compare among the markets? Is it what way the market going? what type of stocks are listed? It would be more understandable for me to compare two stocks.

There's no fee and i will start trading in NASDAQ with their capital after 4-5 months. They say that I will averagely do 200-300 trades per day. Is this possible?? The deal is that i get 40% from whatever I make. Can someone give me a comment on this deal? Thanks a lot.

[brownsfan019 17]

min - FYI, many here trade futures on the CME. Get on google and do some homework.

[minhphan2506 10]

Sorry, i didn't know that. I actually did research on Google, but it didn't help, that's why I have to ask you guys here. What I would like to ask is that what do you think is important in comparing the markets as a trader? Since I'm not a trader yet, I'm not sure on what to compare.

[brownsfan019 17]

What to compare:

 

> Fees - commissions, exchange fees, data fees

> Reliability of exchange's computer network

> Amount of daily activity traded on the exchange

> Amount of products to trade

 

Few ideas to get you going.

[minhphan2506 10]

Thanks brownsfan019. I did think about the fees, but most traders trade through a broker and broker's fees are different. Then should broker's fee affect you rather than market's fee? Example with Scottrade, IB, Etrade...

[brownsfan019 17]

Thanks brownsfan019. I did think about the fees, but most traders trade through a broker and broker's fees are different. Then should broker's fee affect you rather than market's fee? Example with Scottrade, IB, Etrade...

 

Well, the fee the exchange charges will effect what the broker can charge you.