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    Broker refuses to pay out 500k in customer profits - and wins in court

    It looks to me the judge focused too much on the fact that the banned husband more or less signed up again on disguise. But what about this "broker"? Isn't this just an unregulated and unsupervised gambling den operating faulty roulette wheels and loaded dice (they themselves more or less...
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    Broker refuses to pay out 500k in customer profits - and wins in court

    Broker claimed its' systems are too slow, permitting client to have an unfair information advantage. And the judge rules in favor of the broker, as apparently the client made a couple of misrepresentations when signing up... "Shurbanova used a "very fast news feed to place trades and close...
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    Interactive Brokers Master Card

    According to wiki, he arrived in NYC at age 21 without speaking english. I remember he once said that he got into computer programming (an obscure or emerging task at the time) because learning computer language seemed easier than learning english. So, without his troubles learning english...
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    Interactive Brokers Master Card

    I have no real use for the card, but I like the design of it. Finally us IB one-percenters (remember IB's hilarious ad a while back, "Join the 1 percent") can flash the card to show off to the cognoscenti that we pay only 0.8 basis points ;-)
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    Interactive Brokers Master Card

    Maybe you misread it back then. This is certainly a new offer. Purely out of curiosity, I went through their FAQs regarding the new debit card (being outside the U.S., I cannot even theoretically apply for it, and I don't have a practical use for it either): It seems that any debit card charge...
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    Interactive Brokers Master Card

    interesting development here. IB now offers a "Integrated Financial Management Account" that includes a debit Master Card. Using the card will create a margin loan in your IB account, with IB's rock-bottom margin interest rates. Peterffy is personally promoting it in a video: ibkr.com/message...
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    Shkreli at court

    ridiculous. "operational mishaps" https://www.bloomberg.com/news/articles/2017-06-29/shkreli-s-hedge-fund-went-from-success-to-bust-in-31-minutes " Sarah Hassan, 27, who gave Shkreli $300,000 to invest, said she got an email at 8:13 p.m. on Sept. 9, 2012, saying she was up $135,000, a return...
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    Snowflakes protest prof for opposing event which kicks whites off campus

    maybe I am color-blind, but in the first minute that i watched, I did not see any black student. a couple of vocal activists, and the rest is standing around awkwardly, rather wanting to be somewhere else. why don't they voluntarily and permanently leave the university, so that a black person...
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    Any experience hiring a programmer? Where should I look?

    I think Mtrader's story shows a couple of "best practices" here: -- clearly define your needs for yourself and be able to precisely communicate those to others -- choose a programmer with experience and good reviews in the subject and programming language you require -- cut down the job into...
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    Any experience hiring a programmer? Where should I look?

    Interesting thread and question. I am also planning to outsource some programming tasks, but the question is always to whom? How did you find that company? What were the markers you looked for? Looks like you chose well back then. -- anyone has experience with toptal.com?
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    Corzine is back

    The article states that he has been on a money raising tour to "wealthy investors in the middle east". Just imagine you are one of those wealthy investors, likely with many different business interests, and a former U.S. governor with, according to his own words, "friends in Washington" visits...
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    Corzine is back

    I also noted the similarities here. I wouldn't say I "care about" them, but, yes, I consider these deaths as tragic in the truest sense of the word.
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    Corzine is back

    raising funds to start a HF betting on political events https://www.nytimes.com/2017/05/18/business/dealbook/jon-corzine-wall-street-comeback.html?smid=tw-dealbook&smtyp=cur&_r=0 also, sad to read that his son, who also worked at MF Global, committed suicide
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    Yahoo Historical Data - Did they change the URL recently?

    The self-destruction of Y Finance is simply staggering. Not only for downloading data. I have stopped using them even in manual fashion, as every "improvement" was apparently implemented with total disregard to usability. There used to be a time when they were the go-to site for discussions on...
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    The smartest of all rogue traders

    "One chapter, quoting the question that has often been put to him, is titled: “Why did you do it?” At the end of it, having not said much about his motivations, he writes that, despite seeing a psychiatrist for two years: “I am not sure if I have come any closer to a definitive answer to the...
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    Saxo Bank is cheating customers after SNB removed EUR/CHF floor

    Indeed one is forced to think into that direction. The rulings against Saxo in countries outside Denmark are well-reasoned. And I do not think that the law in Denmark is sufficiently different or that Saxo acted substantially better there to independently reach a different conclusion. So what...
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    Saxo Bank is cheating customers after SNB removed EUR/CHF floor

    thanks for the links. The situation is even clearer than I thought. Saxo acted as principal in these trades (according to their own customer agreement mentioned by the ombudsman), and therefore there is no reason why their failure or inability to hedge themselves should effect the price of their...
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    SHLD

    shows once again that even obvious positions ("Sears is going BK") have risks
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    SHLD

    insane short squeeze going on.
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    IB native python API for dummies

    Thank you. BTW on your blog I noticed you complained about IB not allowing simultaneous logons: " No multiple trading login You can only have be logged into IB in one place at a time. This means: It means you can't have a manual front end (see next section) open, perhaps to monitor your...
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