Mondeum Pro:
A Modern Solution for Active Traders
We’ve taken a fresh look at the requirements for success in today’s markets – and we provide solutions to meet them comprehensively, efficiently and economically.
Smart Order Route that uses a market maker wheel to route to venues that purchase order flow.
Time: 9:30am to 4:00pm EST
Smart Order Route that accesses dark venues before exhausting at a lit venue for Pre and Post Market trading.
Time: 4:00am to 8:00pm EST
Smart Order Route that sweeps various dark pools to maximize liquidity and anonymity.
Time: 9:30am to 4:00pm EST
Smart Order Route that uses a mid-point aggregator strategy.
Time: 9:30am to 4:00pm EST
Smart Order Route that accesses dark and lit venues to provide high fill rates.
Time: 4:00am to 8:00pm EST
Order that is executed at the trading day’s opening price (a.k.a., Market-on-Open).
Time: 9:30am EST
Order that is executed at the trading day’s closing price (a.k.a., Market-on-Close).
Time: 4:00pm EST
By request.
Time: Varies
Availability: PDT Margin accounts
A “lit” venue is a public exchange for trading securities, such as an electronic communication network. Lit venues refer to exchanges where bids and offers are posted publicly.
A “dark” venue is a private exchange for trading securities, such as an alternative trading system. Dark venues refer to exchanges where bids and offers are not posted publicly. Trades executed on dark venues are only posted publicly after the trade has been executed and reported.
A “midpoint” venue is a type of dark venue that uses midpoint crossing, meaning that the buyer and the seller transact at the midpoint of the National Best Bid and Offer.
Fully digital onboarding, easy money transfers, straightforward account management and attentive client service make it easy to get started with Mondeum Pro – and just as easy to stay.
| PDT Margin | Margin | |
|---|---|---|
|
Minimum Equity 1 |
$25,000 |
$2,000 |
|
Buying Power – Intraday 2 |
4:1 |
2:1 |
|
Buying Power – Overnight |
2:1 |
2:1 |
|
Pre-Set Smart Order Routes |
7 |
7 |
|
Custom Routes |
Yes |
No |
|
Permits Day Trading |
Yes |
No |
|
Permits Short Selling |
Yes |
Yes |
|
Permits Unsettled Fund Trading |
Yes |
Yes |
|
Subject to PDT Rule 3 |
Yes |
Yes |
|
Platforms Available |
DAS Trader Pro, Sterling Trader Pro |
DAS Trader Pro |
1 Pattern Day Trader (PDT) Margin accounts require a minimum initial funding of $25,000. Margin accounts require a minimum initial funding of $2,000. Both Margin and PDT Margin accounts are subject to applicable margin maintenance requirements.
2 These ratios represent the maximum buying power permitted by Mondeum and its clearing firm. Buying power is based on an account’s daily starting equity value. Available buying power may be adjusted depending on market conditions.
3 By rule, Pattern Day Traders (“Day Traders”) are characterized as transacting four or more stock or options round-trip day trades within a five-day period in a margin account.
System availability and response times may be subject to market conditions.
Mondeum Capital’s Clearing Firm reserves the right to force the liquidation of open client positions. When clients purchase securities using margin, they are borrowing funds from Mondeum’s clearing firm and the securities purchased are acting as collateral. If those securities decline in value, so does the value of the collateral supporting the loan. Mondeum Capital, at the instruction of its clearing firm, may be forced to act to maintain the required equity in the account.
Mondeum Capital maintains relationships with Executing Broker-Dealers. Executing Broker-Dealers may route Mondeum Capital client orders externally to seek liquidity from external venues, including (but not limited to) national securities exchanges, alternative trading systems (which include electronic communications networks), market centers, and other broker-dealers (which include market makers and net trading firms)
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Mondeum Capital LLC, member FINRA and SIPC.
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