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    CFDs and American Citizen

    PM'ing now. I have been offline.
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    Lightspeed Trader Features-Try a demo

    Darn. I know it used to be free.
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    Lightspeed Trader Features-Try a demo

    Does LightSpeed still offer Livevol X / LVX / VolTrader (which I think are all the same thing) free when cleared through IB? Thanks.
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    This is a LOT of computer for $600... looking for a new trading rig or upgrade?

    Following up to Scataphagos, I have had T3500 running Windows 10 fine for a long time now. (I bought the machine based on recommendations here). The first thing I did when I got the machine was wipe it and install Windows 10. Did you try the Windows 10 compatibility checker? There is a link...
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    Optionsellers.com goes bust and the apology video is painful to watch

    Say the clearing broker privately buys some calls early on in their own account to protect themselves against their risk on the large client position (not in the client account to protect the client). Then the broker eventually closes those private calls at a huge profit. But along the way he...
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    Optionsellers.com goes bust and the apology video is painful to watch

    Yes in all probability they actually hedged the risk of these accounts internally themselves at the very least. Clearing brokers do that to protect themselves when customers have large positions. So they probably suffered no actual loss themselves. But they get to collect the customer...
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    Optionsellers.com goes bust and the apology video is painful to watch

    That I agree with completely but nobody said a word for years to criticize him as he was treated as a very popular "expert" on major financial networks. Of course he was always taking fundamentals - supply and demand etc.
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    Optionsellers.com goes bust and the apology video is painful to watch

    So did I. It was under their account but it was private. If you just logged onto their channel in the ordinary way without already having the specific link, it would not be visible.
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    Optionsellers.com goes bust and the apology video is painful to watch

    That's exactly what he did but one of his clients leaked the link.
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    Interactive Brokers Exchange Quote on ES Option Spread?

    I am sure that is true where NBBO applies, but of course in ES futures options spreads there is no NBBO and it all turns on how they use the UDS / RFQ mechanisms as discussed above. It appears from multiple current reports that they do not always use a UDS/ RFQ for their initial spread quote...
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    User-Defined Exchange Traded Option Strategies - CQG v. CityTrader, ADM versus Wedbush

    Yes it definitely could be for some futures options traders, with its free platform (that may not include options though). I did try to look at it on the web, but I do not see any indication it has RFQ's/ UDS's. Without that it would be unusable for me because I trade options butterflies etc...
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    User-Defined Exchange Traded Option Strategies - CQG v. CityTrader, ADM versus Wedbush

    Wow that would be potentially very attractive because they have no routing or platform fees, compare to the other way of getting CityTrader through other FCM's which do have significant fees. In fact I think this would be the lowest cost way anywhere to get OptionCity with its rich RFQ/UDS...
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    User-Defined Exchange Traded Option Strategies - CQG v. CityTrader, ADM versus Wedbush

    There is nothing other than a single option order or a strategy order. Of course the strategy (eg. fly of given expiry and strikes or anything else) may have already been created and be active, in which case it will already be quoted and you do not need to do anything other than trade it...
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    Interactive Brokers Exchange Quote on ES Option Spread?

    Thanks that's very encouraging! Another member confirmed to me, in fact, that once you do enter a spread order on IB, the spread quote does come in. So I think the overall mechanism is exactly what I guessed: - When you set up a quote, IB does not yet (or may not yet) issue a UDS/RFQ, so the...
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    Interactive Brokers Exchange Quote on ES Option Spread?

    If I enter an ES option Spread such as a butterfly on IB (at which I currently have only a demo account), it gives me a ludicrously wide spread quote. It basically just assumes the worst possible fill from the bid-ask spread on each leg. I know from experience that if I set up the same spread...
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    Equation for volatility surface parametrisation

    I have tried most of them and found it is impossible to get an adequate fit with a parabola, or higher degree polynomial either. They tend to go seriously astray near the money. You could fit segments of the curve with them but that too has problems. I looked at Gatheral's and even have his...
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    User-Defined Exchange Traded Option Strategies - CQG v. CityTrader, ADM versus Wedbush

    Yes I am very much considering CME Direct still. It (or CityTrader) may be the best choice, I agree. It occurred to me also that they might delay the change a year, or add a non-professional exemption, etc. I am just trying to make sure I consider all possibilities. QTrader *appears* to say...
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    User-Defined Exchange Traded Option Strategies - CQG v. CityTrader, ADM versus Wedbush

    Testing whether IB could be viable (I have not used it in many years), and using their demo version, I tried entering a butterfly spread in ES options for quoting. IB seems to quote a ludicrously wide spread, basically just taking the worst possible fill from the bid-ask spread on each leg...
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    User-Defined Exchange Traded Option Strategies - CQG v. CityTrader, ADM versus Wedbush

    Matt, I think you have a broader selection of Platforms and Clearing Brokers than anyone else at https://optimusfutures.com/Platform-Pricing.php. I see you have several Tradestation Platforms and Tradestation Clearing listed. Is there any chance you could add the TradeStation Options+...
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    User-Defined Exchange Traded Option Strategies - CQG v. CityTrader, ADM versus Wedbush

    Thanks for the feedback! I am tempted to go with CME Direct to minimize costs. I am modelling the trades in my own analysis platform anyway and do not necessarily need to do that in the trading platform to any depth. However, I would like to also trade Coffee options, Sugar Options etc. on...
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