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    Why Banks Borrow HugeMoney Everyday??

    i see! Thanks alot. 7% is very unbelivably low. assumes most participants in the economy only need less than 7% cash?? and they(banks) could still have extra cash to cover up astronomical loss on CDO and at the same time deal with withdrawal by savers who's lost confidence on them...
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    Why Banks Borrow HugeMoney Everyday??

    i'm a financial idiot. so asking for expert who can tell me why banks borrow money from other banks everyday and would collapse when fail to do so? what's the consequence of high Libor? Thanks!
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    Software that auto execute CoveredCall?

    Does anybody know any options software that safely auto executes Covered Call and calendarSpread thru IB API or other major brokers? Many thanks!
  4. E

    Software that auto execute CoveredCall thru IB API?

    Does anybody know any options software that safely auto executes Covered Call and calendarSpread thru IB API? Many thanks!
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