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    expiration option behavior?

    A value of .40 according to who? Only value that matters is the current bid/offer, not any other value offered by your broker/feed.
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    Advice on Staring a Hedge Fund

    Not really sure what this means. The futures industry is absolutely regulated... combination of CFTC along with the industry self-regulator, the NFA. The securities industry is of course regulated by the SEC. Not sure about the relevance of "hot" item, either. I don't do it to be a...
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    Advice on Staring a Hedge Fund

    It depends on a hundred different parameters. For an emerging fund, I've seen anywhere from 2-5% of AUM... or, 25%-35% of fees.
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    Advice on Staring a Hedge Fund

    Way, way, way, way too much. You should just offer them an arm and a leg instead.
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    Advice on Staring a Hedge Fund

    A CTA is not a "fund". You would be trading managed accounts. Note that anyone involved in soliciting for a commodities program must have taken their series 3 and be NFA registered (as an associated person). The NFA website is very informative, and their staff is willing to help. If...
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    Advice on Staring a Hedge Fund

    Oh, is *this* your question? $150k is also an obscene number, no way it should cost you anywhere close to that number. If you need an attorney reference you can PM me. Assuming you don't want to do the bulk of the work yourself, it's a $25-30k investment to get a fund structure registered...
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    Advice on Staring a Hedge Fund

    I'm a CPO, a hedge fund. I am considering CTA only because numerous investors have been expressing strong interest, but not sure I'll pull the trigger. If you don't have a problem getting capital, then what's your question exactly...? Just do it. Raise capital already, and live large...
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    Advice on Staring a Hedge Fund

    I don't see any problem with investing in your business by getting your results "audited". Depending on how low-rent you go, you can easily get going as a registered CTA for less than $20k. Submit your results to various databases, and then just wait. If you live up to your word (and no...
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    Wall Street II is a Disaster

    I think many of us probably really identified with Bud Fox's motivation from the original movie. Not born with a silver spoon in our mouth, getting started on the Street, trying to live the dream, eventually cutting a few corners... and eventually seeing it come down around us. (I loved...
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    Corn, Beans

    Another fun day today in beans. What's the spread doing now, and whats it telling you?
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    How to install Visual Studio on a remote server computer

    Uh... I'm 99% sure Visual Studio is available in a downloadable version. (I'm actually currently just using Visual Studio Express... but believe the full one is also available as a download.) Office absolutely is available as a download.
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    China halts 'rare earth' mineral shipments to Japan: NYT

    LA Times reports China denies any export ban. Sounds like these might be already announced decreases in export quota.
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    China halts 'rare earth' mineral shipments to Japan: NYT

    Amen. I really don't get Japan's game here. No one expects them to recognize Chinese sovereignty here, but why are they holding a boat captain over scratched paint? This is the kind of stuff that North Korea and Iran does.
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    Who create the option's strike prices?

    Specified by the exchange.
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    Zen Fire Disaster

    I actually don't use Ninja's historical servers, so I don't know the answer from personal experience. I *believe* it should work identically for ZenFire and Rithmic... but I'm not certain. I use IQFeed for all of my historical data needs. I trade a wide variety of contracts that Ninja...
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    Zen Fire Disaster

    Geez. I was sloppy in my description. I *meant* to say ZenFire licenses Rithmic's server application... not their application/server. They run on different hardware, hosted at different data centers. And so far (knock on wood), Rithmic seems to be doing a better job of engineering. I...
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    Zen Fire Disaster

    I've always been at exchange minimum with them. Their commissions are probably not the lowest, though. For my trading, less important than stability of platform.
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    Zen Fire Disaster

    For retail customers, look to Vision.
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    Zen Fire Disaster

    You are mixing up all kinds of terms here. Clearing firms have nothing to do with "connecting to the Rithmic server". Clearing firms are the futures exchange members who hold custody of your money, will ultimately process your trades. Dorman is a (tiny) clearing firm, RCG is a (huge) clearing...
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