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    Interactive Brokers is going PUBLIC !!

    I just finished reading the prospectus... and it's a great read. IB is a breed of its own, and I think we can learn much from this prospectus even if not investing... From the prospectus, it is quite obvious the brokerage business is booming... and it is very likely it will continue to do so...
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    IPO prospectus - who prepares it?

    thanks for the info... it is really reassuring to learn that strategic picture comes from management...
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    IPO prospectus - who prepares it?

    I am wondering who actually prepares the IPO prospectus of a company, especially regarding the company strategy, competitive advantage, and potential risk sections...etc. Those are pretty high level and strategic things, and I would expect the information to be accurate only if it comes directly...
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    Nikkei day trading cost more than double of other index?

    Hi Nasdaq5048, You're right and I'm wrong. The Nikkei is still twice (four times for Nikkei OSE) as expensive (market order) compared to ES and HSI though... I guess I really need to work on my execution skills with limit orders...
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    Slippage on ES and YM

    I think buying with market order is more favorable than buying limit at ask. With a market order, you sometimes could experience negative slippage when market moving in favor when you send order, and the actual spread you pay over the long term is only half the spread (in liquid market). With...
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    Nikkei day trading cost more than double of other index?

    Nikkei SGX have a min move of 5 points = 5 * 500 yen = 2500 Yen... A RT market order would cost 2 * 2500 yen = 5000 yen... With a contract price of 17000 * 500 = 8500000, it represents a ~0.06% transaction cost (for 1 tick spread). On the other hand, ES RT would cost ~0.03% (for 1 tick...
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    Fee structure of Fund of Hedge Funds

    I love the ET community! Helpful and knowledgeable members as always. Thanks so much everyone...
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    Fee structure of Fund of Hedge Funds

    Hi, I am confused with the fee structure of Fund of Funds. Many FoF charges a 2/20 or 1/10 but does it charge the fee AFTER the cut of the underlying funds or BEFORE? If it charges their fee after the cut of underlying funds then the real fee compared to the money made by trading would...
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    True story of sacrifice, what life is like with brains, balls, but without bucks

    I think you can start a trading journal here on ET and post realtime trades for a few weeks or months... If it's really good, then there must be someone who would be interested to chip in...
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    90,000 New Retail Brokerage Accounts Being Opened Every Day In China

    Is there a way we can trade the Shang Hai Index? I think they don't even have an index future?
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    Seeking US Night Trader Chat (HSI futures)

    Pls add me...
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    What are the downsides to TradeStation?

    Hi SarahG, I moved to a platform called QuantDeveloper (ww.smartquant.com). It isn't I can't do the same thing with tradestation, just that it is much more reliable with QuantDeveloper than TS in short time frame trading. Cheers
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    What are the downsides to TradeStation?

    AcoosticAnt, I think you should give TS a shot. You won't be disappointed. I've used TS for my trading for a few years. It is an excellent platform. For charting, it comes with an extensive library of built-in indicators. If you don't find what you want, you can pretty much find any custom...
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    Opening time and call auction

    Ya I know... Another interpretation is the fictional flying castle found in Gulliver's Travels... which is where I found the name... Still, maybe I should change my nickname... hmm...
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    Opening time and call auction

    Hi, I'm new to call auction. I understand that in Asian markets such as Hang Seng, there is a 15 min pre-market session for people to place Opening call. I wonder if the same thing happen in the US markets, particularly the S&P and also the commodities. Almost all US markets have a...
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    Historical Database

    That's good advice... I will do that when I get to that point... For the mean time, I guess I will have to stick with tickdata.com... their price seems most reasonable... Anyone have experience with tickdata.com in terms of data quality?
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    Software to create custom continuous contracts?

    Hi, Does anybody know of a good software product to create custom continuous contracts from ASCII data? Ideally the software would let me load all the contracts expiring at different months and create a continuous data series in ASCII according to my rollover rules (which date) and back...
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    Contract Rollover/Expiration Questions

    Hi Horribilicus, Would you mind sharing the name of the software you use for creating continuous contracts? I've been looking for such a tool with no success... the tool you show on the snapshot looks really neat. Thanks! Laputa
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    Anybody got a system with Profit Factor 2.0+ over 2000 trades?

    May I ask if this test results are generated from a portfolio or a single market? It would be amazing to me if it is generated from a single market. With 4800 or even 8700 trades, that would mean 300 trades and 543 trades per year and such a fast system being profitable consistently over 16...
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    Anyone here like HSI ??

    If you like HSI, maybe you would like HHI better?
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