Recent content by spreadgod

C 18.35, -4.15, -18.4%) said on Friday and reiterated Saturday that it had been providing liquidity support to Wachovia Bank last week, since the two banks had agreed on a deal. I think this might have be worth some damages. Who knows if the bank would even still be here today if Citi hadn't...

A CDS is just like an option contract on stocks, except options are regulated by the OCC so there is no counterparty risk. The solution to that is to set up an agency similar to the OCC or the CFTC (for Futures). The margin required is also the same as options and futures. When you sell...

i believe that is the definition of insanity “The definition of insanity is doing the same thing over and over and expecting different results. ” -Benjamin Franklin

Anyone got some REFCO examples they'd like to share as far as how long it took to get your money?

If you're not on margin your money is segregated so there's no worry about that. If the firm is liquidated and only covers, say 90% of the liabilities, SIPC only has to cover the 10% that wasn't covered by the liquidation and that is the only amount of money that may take 1 to 3 months to...

What happened to the posts of everyone who thought E*Trade was going to be taken under by an analyst who can't read a balance sheet or an income statement? I bet there's gonna be a lawsuit very soon from E*Trade against this amateur of a stock analyst at Citi. Wait, didn't Citi report a HUGE...

Why do you feel they front run? Are you placing large block orders with their trade desk and seeing the stock shoot up prior to your order being executed? What size trades are you placing to feel they are front running on you? BUT, I don't mean a 10,000,000 share order of a penny stock priced at...

Is there some sort of World Bank report that says TD is one of the most solid banks in the world or are you just making this up?

most firms won't let you place an all or none on 100 shares. as long as it's executed on the same day, you should only be paying one fee. also, you can get executed in odd lots even for all or none, as long as the order is executed completely that condition is satisfied.

what happened to the posts? the stock is up a measley $2.00 and now no one is commenting on it (nfi)? i played out the TMA puts but they have a lot more book value than it's currently at AND they finally suspended their dividend so they can have a little cash on hand. i think LEND may be an...

you can't paint the tape with odd lots. they don't print.

And it must also be known for its completely ambiguous and illegible margin requirements. What language are they writing in? http://individuals.interactivebrokers.com/en/trading/marginRequirements/stockIndexOptions.php?ib_entity=llc "Put Spread" (Maximum (aggregate short put strike -...

michael is right, the dow peaked on june 4th. it was a great bull market but it's time for the market to settle. the world's not gonna end but it's gonna come back from the peak it's at. look at how kkr struggled to get funding for it's last fund. the free money isn't there any longer. i have...

so who won on this post? the unemployed specialists?

Yes. that's why if you are a serious trader you use a margin account. the only reason you should ever have a cash account is because it's a retirement account. if you want to withdraw before settlement, go ahead. we'll charge you margin for 3 days and everyone's happy.