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Thanks Atticus, I thought they were using midpoint values instead of last trades for option auto liquidation or at least for illliquid ones. I will definitely send them a message.

No. that's what I am saying. I don't want them to do anything and just let them expire. But I have read so many horror stories with IB auto liquidation that I would like to know if which case it would be triggered.

Thanks. And it can be bloody in my case. But I remember reading about some case were IB policy would liquidate some conversions/reversals even if the risk is really limited. Perhaps I dreamed it.

Hello, I am holding a few conversions/reversals to expiration on some NYMEX futures options. I remember reading somewhere on this forum that there was still a risk in holding conversions and reversals, but I don't remember if it was for stocks or futures. What is this risk? The...

http://www.reuters.com/article/2012/02/14/us-commodities-wallstreet-idUSTRE81D08V20120214

If the transaction is on bund for example, possible. If it is on CME corn futures, no way. They won't even try. It was in the commission proposal, you had to prove that the transaction you had with an european counterpart had no link with the EU taxed country.

Hello George, I got out of part of my KC Wheat position. I hope you are alright in Greece and that the people will find a way out( the good people, not the typical hippies who wants to riot no matter what...)

http://www.reuters.com/article/2012/02/13/us-cftc-mf-global-idUSTRE81C27M20120213

Paul Volcker making fun of Europe's "Ban speculation but please let US banks buy our debt"policies...LOL http://www.ft.com/intl/cms/s/0/17343120-5639-11e1-8dfa-00144feabdc0.html#axzz1mLavbQPx

Apparently France wants to be a "pioneer" by introducing a smaller tax than the former one they repealed in 2008...Wow

And it would be better... As France would have a lot more problems to litigate them based on their "intellectual property" of the instruments( I would be interested in hearing a real legal advice on this crap ).

I hold 2 KC-Chi and 1 Minny-Chi spread. Both lost a lot after January's WASDE Drop.

http://www.bloomberg.com/news/2012-02-09/ranchers-dismiss-cme-protection-fund-as-chickenfeed-to-cattlemen.html

http://www.reuters.com/article/2012/02/09/us-mfglobal-idUSTRE8181UB20120209

Same here in KCW July as part of a spread. I am not losing as much as my Short feeders/long cattle spread but it still hurts...LOL.It seems that typical seasonal moves between Minny, KC and Chi wheat in the winter won't occur this year.

A lot of french traders are already trading CFDs. A lot of french brokers are proposing it. The problem is most of them are like forex bucket shops, you can only click on the bid or ask and trade with the house. So they need to do better than that...

I am concerned with London's position since the last study showed that most of what London firms trade are euro denominated. LME, NYSE-LIFFE... must study the opportunity to create GBP denominated alternatives for every european benchmark or some kind of simple swaps that would just...

OK Thanks. So how often does inversion occur?

A really interesting artcile for those who speak french: http://www.lesechos.fr/entreprises-secteurs/finance-marches/actu/0201888128010-taxe-sur-les-transactions-financieres-les-consequences-pour-la-place-de-paris-286627.php French brokers were worried that France would choose the...

“France is not alone,” Pecresse said. “She is the leader and the motor in the moralization of finance" ... Creating a french market where FTT is paid by retail and only banks can trade short term = moralization ???:confused: