Recent content by jrkob

Guys, is there a way to receive an SMS or an email (to my registered email with IB) whenever my IB account is credited with a dividend ? I contacted IB via chat and the lady said no, but she didn't seem very sure of what she was telling me, so asking here. She said I should be receiving a...

Thanks for the reply. Yes I have a W8BEN form in place. But are you saying that in your case, as a non-US person, you pay zero tax even on dividends when they are categorized as income ?

I am a non-US citizen living in Hong-Kong, and own US shares. As an example, DMO. DMO is a Closed End Fund that distributes 3 types of cashflow/dividend: Income, Short-Term Capital Gain, and Long-Term Capital Gain For the past few years I have owned this stock, I was being charged a 30%...

Can you share which ones ?

Thanks for the response rmorse. Looks like it's a restriction from the broker. Cheers.

I have a question. I have noticed that my broker will not let me place a buy order - resp a sell order - more than 30% - resp 50% - away from the last traded price. Is this a NYSE listing rule, or just the broker policy ? Thank you. JRKOB.

No, it means that you need to pay 36% per annum of the notional you want to "insure", and this is for a maturity of 5y (Bloomberg doesn't know yet how to deal with upfront+running but can't blame them as market participants change the way they quote all the time). In the real world, no one...

Hi, I currently trade CDS for a bank out of Asia and this market is "in general" not regulated. Certain jurisdictions may impose restrictions though, for certain categories of clients (I'm thinking of Taiwanese insurance companies for example, who cannot do CDS).

Ok I must admit I'm not familiar with this particular residence but the area is indeed very nice, very central and very convenient if you want to go... pretty much anywhere on the island. By the way I'm not prop trading and only use internet at home for email etc... as in standard home usage...

I think it depends if you have a family, your life style, and how far you are willing to live from your office/work place. I live near Raffles place very close to my office with a family and have to caugh up SGD5.8k for a 1200ft in a nice condo. My best friend living with a family...

Hi, I am living in Singapore and am not a US citizen. I would like to buy US stocks but I understand that there is a 30% witholding tax on dividend. Is there an "easy" way to get around this ? For the US bonds I hold, a few years back my broker had asked me to fill a form (was it...