Recent content by Domnic

tos doesn't sweep your money into a money mkt cuz they take that cash balance and lend it in the overnight mkt. They pay out a nominal interest rate to clients and keep the spread. Boutique firms are more likely to do this. It's an effective business model for a boutique option firm. If they...

My gf got a degree in econ, worked for prudential out of college focusing on asset allocation w/ a 63 and 65, relocated to chicago and got a job w/ an online firm where she got her 7. After getting laid off when the bubble burst and order flow was down she took the first job that came her way...

Your civility is appreciated, but Chicagoans are midwesterners, nothing like the ny east coast attitudes. This compliance associate is simply retarded and no one at thinkorswim cares. She has to have something on someone at that firm. How can someone of Joel's intellectual capacity or...

my knowledge has fogged a bit cuz I don't deal w/ this much anymore, but here's hopefully an understandable explanation: To put in simple terms, w/in a cash account, all purchases must be paid for before sold. So if your account was flat, zero balance and you purchased a security then...

Someone earlier said, "I have a funny feeling about tos, I think they're traders and not brokers." he's right, they are traders w/ floor experience. tos is a great firm, but I'd like to comment on their operational/non trading customer service. -It's vastly improves from 2 years...

Someone earlier said, "I have a funny feeling about tos, I think they're traders and not brokers." he's right, they are traders w/ floor experience. tos is a great firm, but I'd like to comment on their operational/non trading customer service. -It's vastly improved from 2 years...

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