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There is no virtue to SP futures because there is no volume. On 04 December 2020 GLOBEX volume was zero and PNT/CLEARPORT volume was 1,700 as EFP. The ES is the market.

Broker call is 2.00% and very difficult to find brokers that lend at broker call or lower. IBKR is one of the rare exceptions. Margin lending above broker call is a profit center for brokers.

There are SEC fees and FINRA fees. Are you being charged a separate FINRA fee? SEC USD 0.0000221 * Value of Aggregate Sales FINRA USD 0.000119 * Quantity Sold Restated, the FINRA fee is 11.9 cents per 1000 shares. So selling 3000 shares would cost you 36 cents.

Everyone but you knows the news. Look at a chart, both AAPL and TSLA were up on Monday, not down.

$90 and $180 stocks are not high priced. BRKA at $305,350 is high priced.

RH is the greedy one profiting off of clueless customers. Traditional discount brokers are interested in having long term customers with growing assets and do not present trading as a video game or gambling app the way RH does.

Without more information this is a meaningless statistic. A company with $100 million in debt service costs and $99 million in profits makes the list and so does a company with $100 million in debt service costs and no profits. What percentage of these companies are debt ladened oil and gas...

What about the revenue hit from the percentage of customers that can't pay their monthly bills? What about future growth with millions of unemployed and broke consumers?

IB's client equity of $179.8 billion is mainly in equities and has almost nothing to do with a handful of clients that lost $88 million in oil. Client equity of $179.8 billion versus client equity of $179.9 billion, who cares (other than the losers)?

The news is that the FED is able to buy Corporate Bond ETFs, not equity ETFs. "The PMCCF will provide companies access to credit by (i) purchasing qualifying bonds as the sole investor in a bond issuance, or (ii) purchasing portions of syndicated loans or bonds at issuance. The SMCCF may...

CME Group has 66 clearing firms across all divisions. The CME division has 51 clearing firms. As of 29 FEB 2020 the CFTC shows only 63 FCMs. I can remember when there were more than 100 FCMs. Does industry consolidation into fewer larger FCMs make things safer or more dangerous?

OK, do you pay attention to the news ? What will happen in November that might cause volatility in late October ? I see VXV20 and VXX20 contracts at the CBOE website.

IBKR Lite FAQ says: Will I be able to use TWS with an IBKR Lite account? Individual, joint, and IRA accounts using IBKR Lite can use the Trader Workstation (TWS) desktop platform. Clients of introducing brokers using IBKR Lite can also use the Trader Workstation. Trust accounts using IBKR Lite...

What the hell are you talking about? What Robbery? Top 5 Funds YTD Expense Ratio 60.03% 0.35% 57.53 0.46 51.42 0.42 45.83 0.13 44.61 0.10 All of the top 5 funds have an expense ratio below one half of one percent. I would gladly pay one percent in expenses to get a 45% to...

So if eating chili peppers cuts your risk of death from heart attack or stroke then it must raise the risk of cancer killing you. We all have to die from some cause.

I went to the source. The Trading Challenge information takes up exactly one page of a 128 page report. It is a self congratulatory pat on the back. There is no analysis of why their trading is so expensive. Let's look at one set of numbers (TRS Discretionary): 4,651 Trades 59,884,567...

For people who trade real money Regulatory Fees are very noticeable. "Section 31" Fee: $0.0000207 per $1.00 of transaction proceeds Trading Activity Fee: $0.000119 per equity share Sell 5000 shares of $20 stock Fees are $2.07 + .60 = $2.67 Sell 50000 shares of $20 stock Fees are $20.70 +...

Where do you see "that for a $10K trade the brokers get maybe $2-$2.5 in order flow payments" ? From TDAmeritrade SEC 606 report they get paid $0.0015 per share, That is $0.75 for 500 shares at $20. Payment for order flow has been for both limit and market orders for at least 20 years.

From TDAmeritrade Regulatory Fees: "Section 31" Fee: $0.0000207 per $1.00 of transaction proceeds Trading Activity Fee: $0.000119 per equity share Sell 5000 shares of $20 stock Fees are $2.07 + .60 = $2.67

I guess you are going to tell us that you have never heard of the SIPC.