Built around
your trade.

Competitive locates. Fast execution.
DAS Trader, backed by people who know your trade.

Open an Opal Account
A different perspective. Every angle.
Discover the Opal difference New York, NY
Your edge. Our focus. Competitive locate fees Personal service · 6am–8pm ET

Your strategy is individual.
Your brokerage should be, too.

Opal Securities is an introducing broker in New York City. We bring together competitive locate routes, pricing, and availability, paired with fast execution and the DAS Trader platform for active and accredited traders.

Your strategy deserves individual attention. We tailor pricing, platform setup, and customer care around your trading needs—with a responsive team you can reach directly.

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Short Locate
Price Inquiry
SymbolSPYShares10,000RouteLOCATE1
Locate 36, SPY, 10000, $0.003, LOCATE4, 1PL00001, Located, Accepted!
SourcePriceAVLTime
LOCATE1$0.0093316,75009:12:44
LOCATE2$0.0019588,22109:12:45
LOCATE3$0.00666—09:12:44
LOCATE4$0.00341,89709:12:44
LOCATE5$0.0042548,30109:12:44
Locate Order
Account1PL00001Locate Shares10,000
□ Stop Refresh
＋  Filter
IDAccountSymbolSharesExeStatusExePriceTotalCostRoute
361PL00001SPY1000010000Located0.00330LOCATE4
351PL00001SPY83208320Located0.00032.496LOCATE4
341PL00001SPY16801680Located0.00010.168LOCATE3
331PL00001SPY364364Located0.013.64LOCATE5
321PL00001SPY50005000Located0.00042LOCATE3
311PL00001SPY26402640Located0.0012.64LOCATE6
01 Sources02 Price03 Available inventory
One monitor

Multiple sources.
One clear view.

Bring available locate sources together in one monitor, so routes can be compared without breaking your workflow.

Competitive pricing

See the price.
Choose the route.

Compare locate costs across sources before submitting an order. Availability and pricing vary by route and vendor.

Available inventory

Inventory visible.
Decisions informed.

Read available share inventory directly in the AVL column and compare it alongside price before acting.

More room to trade.
More attention to you.

Competitive costs, extended trading hours, and support that knows your setup.

Professional trading workspaceData to execution
SPY   759.52 – 759.53   State Street SPDR S&P 500 ETF Trust
SPY ▾⬆765.34 - 759.29PCL762.63A
Last759.53−3.1 (−0.41%)Vol13,373,223⚓
Lv1759.53759.54VWAP762.35S
MMIDBIDSIZE
NYSE759.50040
ARCA759.50080
NASD759.50080
EDGX759.50080
BATS759.50040
IEX759.50080
MEMX759.48080
PSX759.48080
EDGA759.48080
BYX759.480280
MIAX759.480360
TXSE759.31040
NSX759.30040
CHX759.100320
NQBX759.0904160
24X730.11080
MMIDASKSIZE
NASD759.530200
ARCA759.540640
EDGX759.550240
BATS759.550440
MEMX759.550240
NYSE759.550440
PSX759.550400
EDGA759.55080
MIAX759.550320
BYX759.550280
IEX759.72040
NSX759.75040
TXSE759.77040
CHX759.86040
NQBX759.98040
LD   726.200LU   802.640
Montage
SPY Bid:765.37 Ask:765.42 ▾ □ NR
1000 PDisplayPrice TMP?□ PO
MARKET ▾PrefDAY+ ▾ANY ▾TRDAS ▾CAP

Illustrative platform view · Sample market data

01 / Trading workspace

Built for speed.
Made for your workflow.

Move from market insight to execution in one connected workspace, with the live data and routing tools active traders use throughout the day.

  • Multiple levels of depth-of-book access
  • Options chains and advanced charting
  • Real-time exchange data
  • Fast, direct-access order routing
Discuss your setup
Choose a view. Explore what works for you.

Your trading desk.
Powered by DAS Trader.

DAS TraderDAS Trader / Our core platform

See the depth.
Act with confidence.

DAS Trader brings fast execution and detailed market visibility into one professional workspace. Build your setup around the data, tools, and routing your strategy needs.

  • Fast, direct-access order routing
  • Multiple levels of depth-of-book access
  • Options chains and real-time exchange data
  • Advanced charting and real-time account tools
  • Pre-market from 4am; post-market until 8pm ET, depending on route and vendor
Discuss your setup
DAS Trader Connected through Opal
DAS Trader desktop, laptop and mobile platform interfaces
DAS Trader product imagery View platform

Additional connectivity

Bloomberg EMSX and REDI EMS connectivity are also available, alongside API and FIX connections for leading OMS providers. Our team can help you find the right fit.

Let’s connect
DAS TraderBloombergREDI

How your order
meets the market.

Explore the routing choices behind your execution.

SMART / ARCA / NSDQ
Your orderRoute selectionMarket access
Find a place to trade

One order.
More places to trade.

A route is the path your order takes to a market. Smart routing can seek places to match your order with a buyer or seller. Opal lists SMART, ARCA, and NSDQ routes in its schedule.

Names in the ECN schedule

SMART / ARCA / NSDQ

Explore the ECN schedule

These diagrams explain routing, not live orders. Route availability, costs, and trading hours depend on your setup. A fill means an order has traded; no route guarantees a fill. Source: Opal ECN schedule.

A more individual price

Built for your volume.
Priced for your needs.

Keep more of your trading edge with competitive commissions and low locate fees. We tailor pricing to your volume, strategy, and account requirements.

Request your pricing
DVP accounts
As low as $0.0003 per share

DVP commissions as low as $0.0003 per share. Rates depend on account eligibility, volume, and requirements. Locate, exchange, routing, platform, and market-data charges may apply; ask for your full schedule.

View ECN schedule
Let’s start a conversation

The next move
is yours.

Get in touch

Based in New York City.
Built around the way you trade.

(646) 435-3015 Customer service · 6:00am–8:00pm Eastern Looking for support? Start here