hl camp review 2026

HL Camp Review | Program Trading Firms

Program Trading averages more than 90% of the volume every day and on some days it runs a lot lot more. During expiration week in June and December, it runs over 98% of the volume. If you are trading stocks and index futures and options it is mandatory for you to know program trading and the premium execution levels for buy and sell programs. And you must know exactly who is doing the program trading, exactly what time they are doing it, and with which stocks.

In order to help you learn more about that, we've listed the largest program trading firms below. We've also included their four letter Market Maker Symbol for making markets on Level III on ARCA, NASDAQ and the CBOE systems. Please do not confuse a Market Maker Symbol with a corporation's stock quotation symbol. For example, the stock quotation symbol SUSQ is for Susquehanna Bancshares, Inc. and they are not market makers or program traders. SUSQ (the market maker symbol) is a huge manipulator on the CBOE.

If you are trading stocks, futures, and options, you need to know which Market Makers you should be watching very closely. Especially when you see PREM move. We pay special attention to the Market Makers in red. If you would like to know why, then contact us and we will tell you all about it and what you think is amazing is actually standard operating procedure for us and our clients listed below.

UBSS UBS Securities, LLC MLCO Merrill Lynch
GSCO Goldman Sachs & Co. MSCO Morgan Stanley & Co. Inc.
SGAS Societe Generale S.A. JPMS JP Morgan Securities, LLC.
CDEL Citadel Securities, LLC BOFA Bank of America Securites
SUSQ Susquehanna Securities, LLC HOOD Robinhood Finanial, LLC
SOHO Two Sigma Securities, LLC VIRT Virtu Americas LLC
CCMC Commerzbank Capital, Inc. DBAB Deutsche Bank Securities, Inc.
BCAP Barclays Capital, Inc. HSBC HSBC Securities Inc.
RBCD RBC Capital Markets, LLC SCMC Scotia Capital Markets Inc.
IMCC IMC Chicago, LLC JEFF Jefferies Execution Services
NMRA Nomura Securities, Inc. DAIW Daiwa Securities Co. Ltd.
GTSM GTS Securities, LLC BNPS BNP Paraibas Securities Corp.
PIPR Piper Sandler & Co. STFL Stifel Ncolaus & Co, Inc.
ABNA ABN AMRO Clearing USA, LLC APCC Apex Clearing Solutions LLC.
IBKR Interactive Brokers AXOS Axos Clearing, LLC.
LIME Lime Trading Corp WEDB Wedbush Securities Inc.
TDSI TD Securities LLC CIBC CIBC World Markets Corp.

Now you know who is doing all of this program trading. But in order to find out at exactly what time they are doing it, you will have to do a lot of work. For most traders, it is a lot easier to just subscribe to our Program Trading 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 and good super fast data feeds and do a lot of research and study. If you would like to know how we do it, then use contact us  and we will call you back with some additional private links.