Wondering the same, they argue that it's risk management for you from their side, but I'd like to have my own risk management and not have a babysitter telling me what to do.
Thank you very much for that info!
You know a cheap and good market data provider that would let me stream a few thousand tickers real time to feed into a python or java analyzing tool?
sure is cheaper if i do it myself? also no risk of leaking secrets to them, so they could use it?
I mean analyzing unusual options and stock flow without any announced catalyst, for example.
Take a look at the option movement in AstraZeneca back in July, 3-1 days before bad data somebody collected puts worth $340k, 1 day later they were worth $2.4M
Stuff like that, not EDGAR/Filings
Hey all,
I wanted to ask you if you know a broker that would let you open option positions 10 or 5 minutes (or even 1 second before close) before expiration without having the buying power for it (by that I mean the funds needed to excercise the options).
I had a chat with an IB rep and he told...
Would it be legal to program an algo to detect insider trading, like the SEC, and trade off of that? Since market information is public record I see no problem with it, what do you say?