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  1. Robert Morse

    Looking for a better deal

    email me your name and phone number and we can set up a call. Bob
  2. Robert Morse

    Online PropFirms/Paid Simulation to Pass Evaluation.

    Only if they are employed by a US registered broker-dealer.
  3. Robert Morse

    ICE Europe

    We are based in the USA, yet we have futures clients from many countries but not one customer trading on the ICE Europe platform. A few on ICE US (only pro market data >$100, so it is a turn off for smaller accounts).
  4. Robert Morse

    Bearish equivalent of Bull Call Spread

    https://www.lightspeed.com/trading-education-center/bear-put-spread/ https://www.lightspeed.com/trading-education-center/bear-call-spread/ https://www.lightspeed.com/trading-education-center/bear-spread-spread/
  5. Robert Morse

    Easiest Futures Options broker to get approved on?

    I would not say "real" vs something else, but there are FCMs that focus on future and are not online brokers. We use Wedbush Futures. Here is a list. https://www.cftc.gov/MarketReports/financialfcmdata/index.htm
  6. Robert Morse

    Easiest Futures Options broker to get approved on?

    I can't do that. We don't want traders plugging numbers just above the requirement. I won't post it without permission from compliance. If you call me in the next 10 min, happy to discuss.
  7. Robert Morse

    Beginner needing help.

    I'd suggest you try a simulator vs a demo account. https://www.sterlingtradingtech.com/products-and-services/platforms/sterling-trading-simulator/ Trade in the simulator like its real money for a few months. Not free but the cost is better than losses.
  8. Robert Morse

    Never tell a broker you trade for a living?

    Because the exchanges that provide data offer professional market data rates as the default. In order to receive the lower non-pro rates, you have to apply for that. It is approved based on how you answer their questions.
  9. Robert Morse

    Easiest Futures Options broker to get approved on?

    We have the same requirements for futures and options on futures. $25,000 account and a minimum income, liquating equity, and net worth. If you want to call me or email me those numbers, I can give you an idea if you meet those requirements. We clear at Wedbush futures and use CQG QTrader or...
  10. Robert Morse

    Interactive Brokers Prime Services

    Small hedge funds might not need registration. That is not within my expertise. Most hedge funds have an LP and a management company (LLC) to collect fees. The management company is typically registered. This is not a question for the broker. I'm not sure what this has to do with Prime...
  11. Robert Morse

    Interactive Brokers Prime Services

    On RealTick we offer an RIA the ability to manage their client accounts and post-trade allocate based on a predetermined split. I'm not sure what your question is. I do not know what a "non-member advisor" is.
  12. Robert Morse

    Can people jump ahead of your limit orders on NYSE b/c of the "parity rule?"

    The floor broker gets a match with whoever is next on the book. Floor brokers have had this privilege since the exchange has opened. When I was on the AMEX, a floor broker with an order could match too. None of this is new.
  13. Robert Morse

    Premium as % of Strike

    IMO, it is about size allocation to risky trades. If you have a $200,000 account and expect an OTM put will expire and is overpriced and your sell "some" as a percentage of your allocation, that can work well. That way in times of stress, you are not forced to buy back an OTM put that just...
  14. Robert Morse

    Options margin question

    I assume this is a reg-t account and you sold the Longer dated option and bought the shorter dated option? Most brokers don’t recognize that as a full hedge in a reg-t account. I expect we are not much better. To get a real number, I need you to send the the exact spread with the cost of each...
  15. Robert Morse

    Td ameritrade refuses to upgrade option Tier 2 – Standard Margin!

    When you leave retail online brokers, third-party futures platforms are all set up that way at the FCMs-CQG, Rithmic, CTS T4, TT etc. That is how they monitor risk. Risk and margin are not the same. I do not for products, but I'm not going to post publicly without permission our financial...
  16. Robert Morse

    Td ameritrade refuses to upgrade option Tier 2 – Standard Margin!

    To trade futures with us at all, we have a minimum income, net worth and liquid net worth. Happy to discuss over the phone and I don't feel like asking compliance if I can post these metrics. We offer CQG- Integrated client, QTrader and Desktop. http://www.cqg.com/products $25,000 deposit (If...
  17. Robert Morse

    Td ameritrade refuses to upgrade option Tier 2 – Standard Margin!

    Our requirements for PMA approval are much higher than TD and we require $175K to start and must maintain $150K Portfolio Margin for us requires level 6 options. (NYSE Rule 431(g)(5)(B) and NASD Rule 2520(g)(5)(B) state that eligible participants must be approved to engage in uncovered short...
  18. Robert Morse

    Td ameritrade refuses to upgrade option Tier 2 – Standard Margin!

    FINRA requires suitability for each level.
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