Recent content by petteri

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    E-mini broker for Europeans?

    It depends what you mean when you refer to small trader. Interactive brokers is best option if you have the capital. But I do not know how much capital you have to have at the moment in order to get permission to trade futures at IB. But when I opened an account more than a year ago I just...
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    Port Authority pays 20%

    It is amazing that US government does not in practice guarentee all public debt like is case in most other developed economies.
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    Northern Rock, Interesting News

    Giving loan to troubled bank does not necessary cost anything to british government. But probably british goverment does not all the market interest from forced "investment" it had to make to Northern Rock. The number of losses british goverment has to to take should anyhow be less than...
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    Northern Rock, Interesting News

    Northern Rock total balance sheet liabilities are 113 billion pounds. It would be very suprising if cost of Northern Rock takeover would exceed 5 % of balance sheet. Ie. in finnish bank crisis which was very severe, bank called SKOP was in extremely bad shape due to loans it had given to...
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    Bear Stearns cuts UBS, Deutsche Bank, Alliance & Leicester

    Problem is that no-one knows which equities are crap. There is no efficient bond market so correct pricing is difficult.
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    What are pros and cons with Interactive Brokers?

    Offícial IB discussion area is pretty dead. But IB has inofficial forum which has fair sized community of posters. Elitetrader -> Direct-Access Brokers ›› Retail Firms :)
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    Low cost ETF's

    Ie. Vanguard provides low-cost ETFs.
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    US Securities & Commodities Non-Professional Bundle

    Bundle should provide enough data for most of non-professional traders. It provides vast majority of US stock and futures data with some exceptions. Pit-traded CME/CBOT markets are excluded. I think also ICE/NYMEX is excluded, but I am not sure (GBP 1/mo separate fee?). Other US futures...
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    IB Margin requirements

    Above suggestion seems very reasonable. There are plenty of less risk-averse futures brokers than IB around. If you have leverage problems you can find broker which gives you possibility to take more risks. Anyhow I think there is currently system risk in derivates market which will...
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    IB Margin requirements

    Many IB customers will be happy when next major crash (like Black Monday) sends many gambler friendly futures brokers to bankrupt. Automated stops made 1987 dip really strong. With low margin requirements automated liquiditions can create the same effect.
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    IB - Why Not a USB Security Device

    With safeword platinum challenge 8 digit numeric (base 10). (99 999 999 combinations). Response is 8 digit hexadecimal (base 16) (4 294 967 296 combinations).
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    Cash currency conversions at IB

    What did you want to do? You just took margin EUR loan (negative balance) and bought USD(sold EUR).
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    Cash currency conversions at IB

    In IB currency conversions are not made automatically. You make them manually. Currency conversions are not tied to trades of securities or commodities. When you have margin account and trade in foreign(non-base) currency, system takes margin-loan in other currency. If you want to eliminate...
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    Alaron changing Day trading margins?

    Minimum margin requirements for futures gambl .... oops ... I mean traders are still low. If you are serious trader with good risk management you should never have any problems with margin requirements.
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    The Next Bubble

    Energy and raw materials
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