Search results

  1. J

    Hotforex gets FCA license

    It's simple: It's due to the high-level of capital reserves required by FCA. Front-running is also not permitted too.
  2. J

    Hotforex gets FCA license

    Quite simply: The Forex broker business model is as follows: a) Take minor profits on the spread on winning traders and standard players using Forex for standard international (non-speculative) business. b) Take opposing positions on losing traders (aka bucket shop model) since most fail c)...
  3. J

    Cost of moving from Mutual Fund to ETF?

    ETFs and MFs are different instruments with difference expense ratios, distribution schedules and many other factors. Firstly, tell us WHY you want to convert to ETF versus leaving it as MF?
  4. J

    Massive S&P 500 buyback index outperformance of 25 years?

    I don't use Bloomberg, but perhaps it uses a different weighting and/or methodology to the S&P 500 free-float weighted effective reinvest-dividends-on-the-day-prior-to-the-ex-date which the S&P indices use. However, that figure seems screwy. How about you ask them and report back their...
  5. J

    Hotforex gets FCA license

    Of course - they're counting on you getting it wrong!
  6. J

    CME releases reference data API to support trading automation

    About time - all the bullshit rules on first notice dates are a joke. Just tell me the goddamn date in a format I can download for my trading.
  7. J

    Airline Update DAL, UAL, LUV Into Thursday

    Can't believe anyone still trades airlines. Black swan events are seemingly common. But they do trend I guess. Maybe hedge with a way OTM put when you trade them?
  8. J

    Hotforex gets FCA license

    It's a bucket shop.
  9. J

    Hotforex gets FCA license

    Been there. https://jesselivermoreboyplunger.files.wordpress.com/2014/11/bucket-shop.jpg
  10. J

    This Hedge Fund Blew the Doors Off in 2018

    Mini Buffet without vulture capital
  11. J

    US Holiday history

    Remember that not all trading days are "holidays". Consider 9-11 and weather-related events. Further back there's stupid events like shutdowns. Hmmm seems familiar to today. http://s3.amazonaws.com/armstrongeconomics-wp/2013/07/NYSE-Closings.pdf
  12. J

    Australian company learns hard lesson in China

    I've heard of other companies doing business in good faith in China, spending months or years to come up with a commercial agreement, doing the deal, but only to find weeks later that the deal has been "changed" and nothing could be done - accept it or leave. Western-value morals are hard to...
  13. J

    CEF Question

    https://www.tsx.com/listings/listing-with-us/sector-and-product-profiles/closed-end-funds (in the spreadsheet) shows who runs each CEF.
  14. J

    Long SP500 after it rose the previous day has been very profitable, however...

    Bought the "S&P 500" - LOL. No - you didn't! (or do you have specific stock weightings?) Next thing, you're going to tell us you bought on the open of an index. Which open is that? One you could actually participate in? You also fail to tell us your exit strategy. PS - You're appear to...
  15. J

    Proprietary firms that don't front run your data

    HFT: High Functioning Troglodyte
  16. J

    CME holiday schedule on MLK 2019?

    Margin isn't fees - it's a counterparty risk mitigation deposit held in trust.
  17. J

    CEF Question

    Try the screener here: https://www.cefconnect.com/closed-end-funds-screener They allow you to filter for Investment Strategies (Non-US). Or are you asking about non-US-listed CEFs?
  18. J

    BNP Loses $80 Million on S&P 500-Linked Derivative Trades

    And so it should affect the bonus payouts!
  19. J

    BNP Loses $80 Million on S&P 500-Linked Derivative Trades

    Does anybody understand the meaning of bonus these days?
  20. J

    BNP Loses $80 Million on S&P 500-Linked Derivative Trades

    Did they deserve the bonuses? Is the meaning of "bonus" for actual performance (i.e. alpha) so far removed from reality?
Back
Top