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    1/4% Tax on all stock trades pushed in NY Times today

    It looks like Summers isn't for it after all. Look at my earlier post today that said back in 1989 Laurence Summers was for the tax but now he has reversed his position. I won’t pretend that the tax idea is much in vogue today. When I asked Summers about transaction taxes, he replied...
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    1/4% Tax on all stock trades pushed in NY Times today

    Oh $hit! "More recently, following the U.S. stock market crash of 1987, the idea of using transactions taxes to curb speculation received support from Joseph Stiglitz (1989), the former chairman of the U.S. Council of Economic Advisers and former chief economist of the World Bank. It also...
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    1/4% Tax on all stock trades pushed in NY Times today

    Assuming this thing DOES pass. I am a S&P 500 futures trader so what other countries stock indices are there that we could go to that don't have this type of tax and is liquid enough to trade? Germany Australia (not that liquid) Japan (hard to find any historical data) Canada (not...
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    Blackberry or IPHONE

    Using the iphone you can use logmein ignition. It is on the app store for $29.99. I use logmein on my computer and it works great although I haven't tried it yet for the iphone. Apple also has VNC mocha lite that you can use to remote control your desktop. I do have that but I can only...
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    Need a license to trade for friends and family?

    Yes you are right 5 or more. Sorry
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    Need a license to trade for friends and family?

    Are you trading futures or stocks or both? If futures only you don't have to have anything as long as your AUM is under $400k and have less than 15 clients. But you do have to tell them you are not required to register with the NFA. If you trade any kind of stocks then that depends on the...
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    FNM and FRE bailout bullish or bearish

    After hours quotes on Friday have spy up about 1.4 points from the Friday close of 124.42.00. Equivalent of 14 SPX points. http://www.nasdaq.com/aspxcontent/ExtendedTradingTrades.aspx?mkttype=after&symbol=SPY&selected=SPY Looks pretty bullish to me. There is a news conf. today at 11AM...
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    BLACKBERRY or 3G IPHONE if u want to trade from a cell phone??

    I am doing some research on this also. Since I use IB and their mobile trader is absolutely horrible then I have to come up with something else. I found this http://cre.ations.net/creation/webvnc---remote-desktop--vnc-on-your-iphone that allows you to view/type/mouse click etc... on...
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    OQO Ultra Mobile PC and CQG’s Integrated Client for Electronic Trading

    How do you connect to the internet with your umpc? I am looking into getting one like this one http://www.amazon.com/Fujitsu-LifeBook-U810-Mini-Notebook-PC/dp/B000W8ZS0M/ref=wl_it_dp?ie=UTF8&coliid=I1UY6MI56QEHPW&colid=1Z3EHSFGEV98Q I plan on using a wireless card from...
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    Prop & Series 7

    They are pretty good to respond to your questions pretty fast and overall I thought they were good. Just don't expect much support on trying to figure out Laser. (not that I expected alot of help) Overall good.
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    Prop & Series 7

    This is my first year as a Prop trader with CyGroup and I just received my K-1. My question is do also have to break out my trades on a sched D along with entering the K-1? Should I do one over the other or both? Thanks Eric
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    Light Speed

    Does Lightspeed have an API where I can submit orders through excel. I read where you can import your basket orders from a spreadsheet. Does anyone have any expirence with this? thanks Eric
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    enough of the HYPE...forget today...where do USA markets go tomorrow?1/22?

    Since the SPY has started trading in 1993 it has gapped down more than 2% overnight 19 times and 16 out of those 19 the market closed higher than the open. The only other time it gapped down more than it is now (currently around 4.5%) is 9/11. Date Open High Low...
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    IB & Excel: No "Today's OPEN" via DDE -> ActiveX?

    I can't help you Bill but I do agree with you. Not having the open price in the Excel API really is annoying. I actually subscribed to Yahoo Real Time Data and imported in my spreadsheet via Web Query. That seems to work for me but I shouldn't have to do that because it would seem to be so...
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    Who controls the FED?

    If I remember correctly from one of the many economic books I have read and from economics in college. The member banks of the region own that particular FED branch. For example, I live in the Richmond, VA region. All the banks that are federally chartered (not all are some are state...
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    quick questions about Metastock and Amibroker

    I agree by far the best product is Amibroker. I bought Metastock back in 2000 so I don't know about all the new features but Amibroker can do basically anything you want. Even if they were similar functionality wise I would go with AB because of price and the constant upgrades that they do and...
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    current traders at cygroup

    I opened an account there about 1.5 months ago. So far here are my experiences. They are very fast on replying to your email (usually the same day). It appears there are only two people working there Steve and Sung. I haven't had any problems with CY at all. But don't expect any help in...
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    current quotes to excel spreadsheet

    Here is a site that you can get streaming data into excel that is very affordable. http://www.marketfeed.com/mlink.htm Eric
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    Market-on-Open order

    The OPG order gets you the official opening price. For example, if i wanted to buy MSFT for the open price I would put in my OPG order and I would get what the NAsdaq calls the official open. This is important to me because in my backtested results I use the official opening price. When I...
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