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Thanks, Some Lazy Element. One question that I've not been able to find an answer is how the "complex order book" of listed (i.e. native) futures roll calendar spreads works. I haven't been able to find a description on the futures exchanges' web sites. I am observing that IB (for example) only...

@Some Lazy Element - Thank you. You seem to be experienced with the valuation and roll aspects of futures, something that I like to study more. I have found little information (about funding rates, deviations from fair value, calendar roll, etc., not the basics) on this forum, as almost all...

I didn't want to make money on futures/index arbitrage; my original question was just regarding IB's tool. However, now that you mention it, if I had for example a non-leveraged account, I could buy the futures plus invest the cash in the money market whenever the futures trade below fair value...

... Won't the futures price converge with the index at the time of settlement? The index arbitrage meter would show my diminished return or excess return from now to expiration, or not? If I hold the future and invest the cash balance in the money market at rates equal to OIS.

Does anyone know their definition of "fair futures value", i.e. which interest rate and dividend assumption they use? https://www.interactivebrokers.com/en/software/tws/usersguidebook/priceriskanalytics/index_arbitrage_meter.htm

Can you please give some examples of brokers that do this?

No, I didn't find out yet. Hope someone on this forum knows. I also didn't ask TDA yet, as from previous experience it's a waste of time asking their "customer support". When you call or online chat with them, they have offshore people googling something, and when they don't find the answer...

Does anybody know if ICE equity index futures (e.g. MME - MSCI EMERGING MARKETS INDEX FUTURE; MFS - MSCI EAFE Index Future) can be traded on TD Ameritrade (TOS)? I was going to ask TDA customer support, but their front line customer support (mostly clueless offshore people) gives often the exact...

... thanks, but not so my broker. That's why I want to know what exactly the regulations are. Hope somebody is knowledgeable, thanks!h

Is my broker allowed to loan my securities that I have in my marging account only if and when I actually have a debit balance, or also if I have only stocks and a credit balance in my margin account? While most sources recommend I put my dividend paying stocks in a cash account rather than a...

MB Trading has a good commission schedule, but I actually lost more money with them then had I used a full service broker. They are unable to forward necessary shareholder information to exercise rights etc., although they have all contact info including email. Instead, you get swamped with...