Search results

I'm not trying to talk you out of your trust. I just would not do it unless my assets were well over $12mm. https://smartasset.com/estate-planning/california-estate-tax California Estate Tax California does not levy an estate tax on any estates, regardless of size...

Maybe you should review the NYSE/NASDAQ/OPRA definition of pro-market data. I'm only referring to the cost of market data. I'm not an expert on this and can't be responsible for your choices. I'm just telling you what I know. I know that courts support the wishes of the deceased. A joint...

Joint account-yes. Partnership, depends on the partnership agreement.

Transfer on Death. https://www.investopedia.com/terms/t/transferondeath.asp

This is correct and takes time. You have to show a death certificate and then prove who gets the account. During this time, most brokers would freeze the account. And, a Limited Power of Attorney would no longer be valid after death. I think this is an important issue. I'd suggest individual...

sle, your description is more of an angel investor deal. This are first loss programs. I would not do these, https://www.bloomberg.com/opinion/articles/2018-04-24/putting-the-hedge-back-in-hedge-fund Here’s how first-loss works: Managers like Paulson put their own money into an account...

Except with the added cost of professional market data. So does a Joint Accounts With a Right of Survivorship and a Transfer on Death.

What broker would take these instructions?

I have talked close to 25 managers out of first loss programs because the math breaks down. This is a typical program. E.G. Manager put up $1mm in program. Money is commingled with many other managers and you get $10mm in BP with risk controls. Now you trade and get your returns. Assuming they...

They have the same requirements as they are both securities. State laws, FINRA and SEC. I did not really follow the rules you stated.

You lost me. Pretend I'm in 8th grade and explain please.

I want to point out that each state has their own requirements of when you have to register as an RIA to accept fees. Just because IB allows it, does not mean you won't be in violation of state securities laws.

This would not work. A Hedge Fund is a pooled asset where the investor is allocated toward that manager and their strategy.

I have to say the most of my automated traders use C++. It is also very common in the industry. When you choose what software you want to code on, you have to consider what broker and API you want to use. In the end, you want to execute not code.

Yes, the TRUST has been already created, and paid the attorney fees. Now, the last step is funding the TRUST, and moving assets into it. Look, I'm not an expert on this but have had to deal with a trust after a death of a family member. I thought the point of a trust was to take care of a minor...

Well, that was my point. Without any expectations of where a stock will or won't trade, it is not advisable to do an option trade for a random reason. It is backwards thinking.

What are you expectations for that stock over the next 5 days? What makes you want to do this? Do you have a real example and why?

I do not know what an ADO is. All 4 APIs require a WIN OS except RealTick is also LINUX OS compatible, but the terminal/GUI only works with a WIN OS.

In this example, "AVGO, ~66B market cap, 3M daily volume => slippage 2.72%" AVGO closed at 274.06. Are you saying that you had a sell stop order during market hours and after the stop was hit, you sold stock 2.72% lower or 7.45 points?

I do get emails from CQG but it is about version updates, conferences, webinars etc. I would not get an email about an updated user's agreement.