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Velocity is no more likely to steal funds than a firm 100x their size. However, the less money you have the greater the change 1 trader can blow up the entire firm. I would be more concerned about that. They probably have more funds somewhere but the fact the head guy had to go on a payment...

There is no good reason to be with a clearing firm that appears to be that strapped for cash. As we have seen in the past even large firms have collapsed, but there is no reason to increase your chances.

I am selling a few extra server that I have. There specs are set up for trading and I am selling them slightly under 50% of what I paid earlier this year. They were taken out of the box, installed and then removed in under a week. 3x Dell PowerEdge R620 E5-2690 x2...

I was not trying to say that stocks won't crash by eliminating market orders. It would prevent people from getting filled at prices far above or below the LTP however. A lot of these crashes are not actual crashes just LPs pulling their bis for one reason or another and someones market order...

Here is a link to CME order types: http://www.cmegroup.com/globex/files/GlobexRefGd.pdf They have what is called a "Market with Protection." It's simply a limit order a maximum number of ticks from the last traded price. Trading everything on a central exchange simplifies things greatly.

Simple solution, no more market orders... The CME doesn't have them.

Definition of 'Front Running' The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients have been given the information.

That is what I hate about every rule the CME has... They write the rules so they can be interpreted 10 different ways and its impossible to know if you are in violation or not. In general they give you some leeway if you have minor violations as long is it is not a major or repeated offense.

4.2.2. Member Developed/Operated ATS Individual members may develop their own ATS hardware and software. Wherein CME Group determines in its sole discretion that the ATS is solely developed by individual members and is solely operated and supported by individual members, the trading...

http://www.cmegroup.com/tools-information/files/FPB_11-01_Individual_Members_CME_CBOT_NYMEX_COMEX_March_2011.pdf

Could you post the rule that states that. I am not questioning what you are saying but am interested in looking into this further.

I am only speak from my own experience but the CME has never brought this up with me. At the very worst they may inquire about it but if you are doing nothing wrong there should be nothing to worry about.

There is no tax deduction for purchasing a seat. It is an asset that does not depreciate just like land or a stock. When you sell it that is when you pay capital gains if the price increased or write it off as a loss if it decreased. As far as the CBOT membership goes if you are patient you...

While I believe my profitability may slightly increase due to the midday pause I do still think it is a mistake on the part of the exchange. The CME states their primary responsibility is for hedgers so I am not sure how closing the market during the morning is helping anyone who wants to hedge...

no

This would be a very big mistake on the CME's part. Here is a link to the survey: www.cmegroup.com/agsurvey Here is a link to tell the ICE not to change their hours: https://www.theice.com/contact_form.jsp?section=markets&item=ifus

Under capitalization is all relative to the size and strategy that you are trading. If you are only trading 1 lot of hogs $5,000 could be more than enough capital. Risk management is probably a better way to put; it just so happens that most people who have less capital also have poor risk...

can you give a time when you see this?

Well then give it a shot... Be sure to give me your name so I know who you are when you are in the CME Member Update.

That is against CME Rules so if that does take place it is not a frequent occurrence.