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If you happen to want to trade the very few stock futures with the very few expirations that have a bid/ask quoted. On IB it appears that there is no one making a market on the vast majority of SSFs, and even if there is a market its only for the near month. Would love to have someone tell me...

Why would you pick any of them? Put call parity and the ability to short stocks and treasuries means that you can produce the same exposure with a put as a call, making a ratio between the two as meaningful as the put/put ratio.

You're right, I can't see a way to a tradable product unless a bank can figure out a way to offer an ETN that they can afford to support by somehow offsetting it internally with the exposure of another part of their portfolio. It is almost by definition un-doable, however, since it would create...

They've essentially got several mechanisms that are supposed to arbitrage away differences between the NAV and the traded price, plus a daily exchange of value between the two to take into account the roll. They mostly rely on creating equal pairs of the two ETFs, i.e. if you want to create...

I was in the military for 20 years, generally worked 80 hour weeks with no days off on deployment and at least 50 hour weeks when at home station, and received a fair salary on the low end of a comparable private sector salary for that job. I now make several times that just 3 years out and work...

There is no "price" to mine gold. There are mines that are profitable at anything above $800, some profitable above $1100, and some profitable above $1500. Its an upwardly sloping supply curve, just like most commodities. If you try to simplify it to a single price you're missing the entire...

I was afraid of that. Anyone know of a way for a retail trader to trade OTC ($100K level)?

Anyone know a retail trading platform that allows you to trade these daily options now?

You may be confused with the prohibition on companies not regulated in the US from taking U.S. customers?

You know I subscribe to the no a-hole rule, so sorry, life's just to short and I'm moving on to happily enjoying my sub-millions and the rest of my life. The readers of these posts can see that some customers have issues with software bugs on IB. We may or may not be part of a grand conspiracy...

Let me provide an example to make this crystal clear. As you can see on the attached this is a 5 point SPX spread with the NBBO of 1.30/2.20. I put in an offer to buy for $1.50, inside the spread, straight up limit order. The NBBO should now be 1.50/2.20 since $1.50 is better than $1.30. In this...

Some of you need to get a grip. "if usa goes under", what does that even mean? If it means the US disappeared, the US economy somehow had a complete epic fail, anything of that sort and protecting yourself with more than one brokerage and some gold and water rights is going to be the least of...

If we're getting paranoid here I'd say the people posting "what are you worried about, just switch brokers if you don't like it" would be the undercover IB people, especially since they've never addressed the fact that IT IS ILLEGAL TO FAIL TO POST AN ORDER INSIDE THE NBBO AGAINST THE CUSTOMER'S...

The issue is that sometimes IB holds a limit order on their server without you asking them to and without giving you an option to get it to the market, even if you want it to go to the market. They don't tell you this, you only know because your bid/offer inside the spread doesn't become the...

I do, although it was painful to leave all the code I wrote for their API behind. To me this is the difference between preference and illegal behavior. IB is illegally ignoring the NBBO law, since by holding a better bid/offer than the spread they're ensuring the published "national best" is in...

First, to those who don't see the problem here, the OP put a limit in inside the current spread and it doesn't show up for the rest of the world to see. Some securities, SPX option spreads are a great example, show a fairly wide bid/ask spread, but you're almost always hit if you bid/offer 5...

IB routinely liquidates spreads because the best bid/ask is outside the intrinsic value of the spread, i.e. you can by definition only lose $500 on a 5 point SPX credit spread but they'll show it as a $600 loss if the best offer is $6 and liquidate you if that puts you out of their margin...

Well said on the Canadian Dollar! Think spreads with a wide spread and you're taking both sides of the exact same trade.

If you're taking both sides of the same trade it's not hard to trade inefficiently in a way that makes one leg consistently more likely to lose and the other leg consistently more likely to win without having any edge on the market that could help you in regular trading. I'll leave it to the...

I respectfully disagree about the IRS not caring when they get their money. They may be the government, but they do get the concept of net present value and that a dollar delivered in 2035 is worth far less than a dollar delivered today. In fact they can calculate exactly how much because they...