Recent content by Golden Snake

after 25+ years of using IB and Schwab, this past year I moved some money from IB to AMP and from Schwab to Think or swim. So far I am very happy with both..

No. USA.

I have used IB for ~20 years and I think that I'm one of the few on ET that thinks that they are actually pretty good. That being said, I got the same message a couple of times this past week. I don't recall ever seeing it before. Hopefully they are fixing the issue because I agree, you can't...

IB does still offer FX in the USA. However as an SEC firm they have onerous requirements. I think that it is $10mm in your account unless you meet a number of exceptions. Being series 7 licensed works if that applies.

it varies by provider. Years ago iShares kept it all but vanguard credited it all to the funds. So to be competitive ishares started to share some of it back to their funds. Their argument for keeping some is that they are so good at stock loan that even after keeping some revenue themselves...

What he says. As someone who spent a big chunk of my career as a market maker, I can say that most of what is said in these videos is nonsense. as a market maker you spend all day trading against order flow. almost never making directional bets unless its something like the residual end of a...

You can get a no income verification loan. Also, called a stated income loan. I've done it and my wife is a realtor with countless clients that have done them. it varies but right now in L.A. you would need to: Put 30% down (used to be higher) Pay a higher interest rate. Currently ~5% Have 1...

The ETF trades based upon the ability to do an arbitrage against the underlying basket, rather than what volume has already occurred in it. It actually has three layers of liquidity. First is the order flow of the ETF it’s self. Secondly, is just a little wider than that, what could be executed...

maybe you were just added today. its been around a while. I just checked my old emails. I can't find where I was first added but there was one from 6/18/19 letting me know that they were having a reorg of their key account desk and introducing me to my new dedicated contact. so its been...

I have it. Its just a couple of dedicated kids with a direct line for them. I've never called them but the one time that I emailed them with a question, they said that they would get back to me and I never heard from them again. LOL I think that its just a sign that you and I pay IB too much...