Search results

Name of clearing group is "CLEAR CHICAGO GROUP". I dont understand how someone trading on a demo account was able to post real trades in my account; the broker is working on fixing problem; just alarming that could happen.

I recently opened an account with a futures broker. Last night when I was logged in for night session on ES, about 12 trades went off in my account; some where short/cover, others were long/sell; there was a minimal profit that was generated from the trades, yet I never placed them; I have order...

I recently opened an account with a futures broker. Last night when I was logged in for night session on ES, about 12 trades went off in my account; some where short/cover, others were long/sell; there was a minimal profit that was generated from the trades, yet I never placed them; I have order...

Thanks Actually just spoke with Amp and they recommeneded starting off on Ninja; I dont mind paying higher intraday margins yet why? IB wants $3000 and Amp $400 Any thoughts?

Hi: I havebeen trading equities full time for 8 years; going to try eminis out; went to Velocity and Amp websites; they both offer many different platforms; what platform would you suggest for someone just starting off? They offer: ninja Amp Global Turbo Web X trader etc Thanks!

Thanks!! Hopefully we both are on the same side of the trade..:)

Thanks for the advice! Question; do you now if Lind Waldock is a good broker for eminis? I currently use Schwab for my equities and they have a partnership referral with LW.

I have been thinking about trying out the emini futures; so for the s&p emini's every tick equals $12.50 with one contract or $50.00 for a pull tick? Thinking about using IB to start; any advice on who to use for charts for futures? Not sure if IB offers realtime charts? Thanks

A $500K loss!!!! I'm sorry!! I had no idea that it cost you guys that much! I guess that I shouldnt have been complaining...

Same here; the news didnt come out until around 3:00 pm; so how do you know that the arca trades stand? I read the news where NYSE was busting the trades, yet really havent read or heard if arca or other ecns are going to bust or not.

I'll let you know what happens; I read the news late this afternoon that NYSE was busting trades with the above mentioned time and sales; I wasnt sure if ARCA or any other ecn was going to follow or have to follow what the NYSE ruling was. Around what time did you find out that your trades...

So your saying that ARCA trades stand if they where placed directly through ARCA? What broker do you use? Where did you hear about the ARCA trades standing; I use Charles Schwab and they dont know what is going to happen. I have direct access to the ecn's and placed my order through ARCA...

I traded JWN this morning and was later in the day the NYSE came out and said that they are busting certain trades in a 2 minutes period; I purchased/sold the shares through ARCA and curious if there is a way to see if ARCA or NSDQ will or are going to let the trades stand or do they have to...

So if someone was to make $1K profit on short term trading via equities, what is the approx amount that they would have to pay in capital gains tax? Is it around 28% and 15% for long term rate? Thanks

Whats the effective short term tax rate on equites vs futures? I believe that futures have a much lower short term rate?? Thanks

Yes, trade was beneficial to me; it was only 100 shares; yet I thought that I read somewhere that they can come back weeks later and bust a trade; it was on the AMEX via ARCA; way out of the market. I dont want to exit trade then get a call from broker week later stating that I'm illegally...

I had a buy order in an ETF that was hit Friday morning couple minutes after opening; I still have not received a call from broker (Charles Schwab) in regards to trade being busted; it was exucuted via ARCA. Any idea why it hasnt been busted? Are you safe after settlement period? Thanks

I bought some shares of an ETF Friday morning around 9:40 am via ARCA; someone hit my buy order, yet it was extremely out of the market; curious if anyone knows if there is a set time frame for a trade to be busted? If I sell/exit position now and then they come back to me and tell me that...

In regards to the three day settlement rule; if you traded and closed flat each day and then decided to withdraw or pull funds, your broker would probably hold majority of funds until the 3 day is settled; at least that was the way my broker operated.

I thought that Assent required $30K for retail accounts with 4 to 1 bp; I assume you are prop and they only require $10K; what type of leverage with $10K? Thanks