Accounts that pay at least $199 in commissions during the month get the software for free.ĭAS is able to offer sub-millisecond order confirmation because its primary services are located in Nasdaq’s co-location. SpeedTrader DAS ActiveWeb Trader, the browser program, is available at SpeedTrader.Trades of equities on DAS Trader Pro that add or remove liquidity come with fees and rebates. Market data fees are extra and range from $12 to $100, depending on the feed. Clients who trade 250,000 shares or more in a month can use the software for free. Cobra TradingAt Cobra Trading, DAS Trader Pro costs $125 per month.For an extra $50 per month, you get Level I options quotes, DAS’s mobile app, and regional data. More expensive packages offer more perks. Interactive Brokers The basic package costs $100 per month and includes Level I quotes with access to the U.S.Traders who spend $650 or more per month in commissions receive a $90 rebate. Fees range from $20 per month for Nasdaq Total View to $65 for NYSE Open Book. Capital Markets Elite Group The brokerage house charges $90 per month to use DAS Trader Pro.Instead, users must pay for the program via a broker that is contracted with the software company. PricingĪccording to DAS customer service, it’s not possible to access its Trader Pro platform directly from DAS. One master account can manage multiple sub-accounts with software. This program delivers front- and back-office account management and compliance software.ĭAS Trader MTS is the company’s order and risk management trading platform. ![]() For other devices, the broker offers a mobile platform at .ĭAS Trader DMAr is a smart routing program that uses one connection to provide access to numerous destinations simultaneously.įor institutional clients, the company offers DAS Trader TRT (trade reporting tools). It functions on both Apple and Android phones (and iPod and iPad as well). These include DAS Trader Pro, its flagship desktop program, which we’ll look at here in just a bit.Īlso on the list of trading tools is DAS ActiveWeb Trader, a browser system.Ī mobile app is available, too. ![]() Products and Services Offeredĭirect Access Software offers a long list of software programs for both retail and institutional clients. It also provides services that brokerage firms and institutional clients will want to take notice of. Direct Access Software (DAS) is a technology company headquartered in Las Vegas.Īs the name suggests, it offers trading tools with direct access to market venues.
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