Recent content by Geissbock

(PDF) Risk Parity Fundamentals | wang zhibo - Academia.edu

Some countries, for example Germany, have double tax treaties covering estate tax with the US.

Kelly formula works for bets with even outcomes like coin tossing which is typically not the case in trading - as you say. Therefore calculating a Kelly % may not tell you a lot. You can read Ralph Vince's book "The Leverage Space Trading Model" on the topic if you want to dig deeper.

For market data subscription I am continuing to be a non-professional user.

Correct. You need to open a ticket via account management / messages and request the change. Then you will receive the forms which you need to fill in and sign as I posted earlier.

You don't pay more for market data, certainly not at IB. The classification for non-professional status or professional status for market data is completely different from the qualification as professional status for PRIIP and MIFID purposes.

Maybe this helps: https://marcuardheritage.com/wp-content/uploads/2014/06/4_20130801_MCL_Client-Categories-and-their-differences-in-protection.pdf My personal take on this whole client classification issue is as follows: if you ever want to be in a position to held your broker or bank harmless...

I opened a ticket at IB and requested to be qualified as professional client. After a couple of days I received two forms which I needed to sign and fill in. In order to be qualified as professional client you need to satisfy 2 out of the following 3 criteria: a) equity account of min. €50k +...

I have now gone through the process with IB of being classified as professional investor. Can trade again all US ETF's.