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As of this morning, my IRA account at IB allows all futures to be traded again.

Strangely I can still trade futures spreads in my IRA account. At least I entered a limit order on a crude oil (CL) spread this morning and it was filled after 3 minutes. It will allow me to add quotes for futures spreads, but not for outright futures, though adding a quote line for futures...

The spot price for crude oil is all over-the-counter (each large buyer/seller calls multiple large sellers/buyers to determine the best price currently available) and very fragmented by delivery location and mode, so there is no single spot price. You can get free weekly updates for daily WTI...

Aviv stopped executing his orders in 1999 and is just piling up his mailed orders for the last 15 years, so all this 68% a year return is purely hypothetical based on a court ordered appraisal for the period 1997-2007.

Years ago I read that the normal Pump markup for regular unleaded is 2c/gallon and most pumps would lose money selling just regular unleaded. The markup on Super Unleaded tends to average 16c/gallon (wholesale Super Unleaded is only 2c/gallon more than regular unleaded). I doubt today's pump...

Your argument is only valid for market orders. It is perfectly legal for a broker to front run your limit orders as follows. Say my system believes Ethanol is going to go down over the next few weeks and I want to accumulate a large short position. Since Ethanol (futures) are not very liquid I...

Martha Stewart was never convicted of insider trading : she was convicted of lying to Federal Agents trying to cover up what she believed was insider trading. We should allow actual insiders to trade freely provided they reveal their trades publicly at least 24 hours ahead of time : Other...

mninjapan : You are right, normally the front month should be in contango. It actually is in cantango even now if you include the spot price, but normally the front month should each month transition from backwardation to contango to the 2nd month. There is definitely an anomaly in the front 2...

The backwardation is normal given the massive need of Fracking Oil producers in USA to hedge their expensive production over their well's 2-3 year lifetime by selling futures across this period. The only anomaly is the higher backwardation in the front month, which suggests some speculator is...

Interactive Brokers is subject to serious liability risk for cancelling orders in this fashion and I don't see how a customer could lose a case under arbitration for any money lost due to the missed MOC trade. Given that only customers that lost money will sue, this could cost Interactive...

At July 25 close WTI spot was trading at $102.10 which is on par with the front month WTI close of $102.09. (Brent spot was $107.39 which is a full $ below the font month close of $108.39). I suspect the market on Wednesday overreacted to the WTI crude oil drawdown at Cushing and...

You need to add $20/month to the $55 basic feed price to see any Level II data, so the total would be 80 per month for CME globex level II (non professional).