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I thought if your account is segregated then cannot loan your stocks to other customers. Can anyone confirm this?

When I wire my money to Penson, it goes to a JP Morgan Chase account. So after all my deposit is still commingled with JP Morgan's assets?

Are you sure about this? When I talked Lightspeed they said even margin accounts are not commingled.

My concern was about my margin account with Lightspeed trading. They do state on their website that all their customer funds are segregated. However, when I called them to confirm, the guy did not even seem to know what "segregated" means! So that didn't help ease my anxiety.

Thanks for the reply. How do I find if my fund is segregated or not?

As a day trader I'm all cash after hours. Any solutions?

I would like to get some advice on ths issue of account safety with brokerage firms. Specifically, 1. Are brokerage accounts at risk due to current financial crisis experienced by banks? 2. Where do brokerages keep our money? It it in another bank? 3. Is there risk from the clearing...

first time close under 8000 two days in a row. Will we see 8000 again?

So the government and banks can't prohibit a starving builder working for less wage?

I guess if the contractors base their quote on current housing price then we are not getting a break.

Someone please help me understand this: I know the current housing price is artifically propped up, but why can't I build a new house at lower cost? The materials are cheaper, contractors need work, so building a house should be cheaper than buying one right? Is it true?

Recession is a necessary evil. In a free economy, only a recession can weed out unproductive businesses and put people to better use. In a way it’s the free economy repairing its flaws, painful but necessary.

Suppose you have a $400K mortgage debt on a $300K house (-100K equity) and you walk. Can the bank go after your bank account and other assets like 401k, cars, boats, etc.?

skill means that the probability of being lucky is less than 10%.

I didn't expect it take less time to fill. I was just wondering if the fill speed is comparable to long orders of the same size. I'm only talking about market orders. The last time I did substantial amount of shorting was prior to the removal of the uptick rule. I'd like to know if this has...

I'm wondering if anyone can tell me about short order fills on activitve stocks (e.g. SP500). Specifically, what's the typical fill speed for an order size of $50K, is it comparable to long orders of the same size? What percentage of the orders never get filled? Thanks

So the difference is the number of clients, and banking is relatively less greedy.

What's the difference between a Ponzi scheme and "fractional reserve banking"?

I hope the transaction tax does not happen. But if it does, market efficiency will drop due to reduced liquidity. Either new trading opportunities will emerge or old ones becomes more viable to compensate the tax penalty. Theoreticall it should be a wash though I can't prove it.

I hope the transaction tax does not happen. But if it does, market efficiency will drop due to reduced liquidity. Either new trading opportunities will emerge or old ones becomes more viable to compensate the tax penalty. Theoreticall it should be a wash though I can't prove it.