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Maybe he didn't close it since he thought it would expire and cash settle at expiration that night?

This part just isn't true and seems to be the core of the article's fear mongering. JNK will be way more liquid than the underlying bonds even in a crisis, in the same way ES is way more liquid than the 500 individual stocks. Yes, JNK may occasionally trade at meaningful discounts to its...

xandman - if you've got other employees in your 401k, it's not a "Solo 401k" anymore. OP was talking about Solo 401ks, which can at most have you and your spouse. Solo 401ks can be very cheap and many brokers will do the paperwork for free to get your investment business (Fidelity for...

Loans are absolutely allowed in an IRA, but it's more compliance headaches with UBTI reporting and hence most brokers don't permit it even though the IRS rules allow it. If you want to have your IRA borrow money, go see one of those self-directed IRA custodians. They're always pitching owning...

Below are 10 major reasons why the U.S., more and more, has become aterrible place to raise a family unless you’re rich... (9 reasons given) 10. They don't teach presumably college-educated journalists enough math to count to 10.

It's very hard to buy enough shares without being in charge. The management can keep issuing new shares and dilute your stake, making 50% a receding target. If you make it that far, you'll still have to pay off lots of those class action lawyers and deal with dissenters rights if people don't...

After hours didn't take those earnings well, it's off 8% and counting at $43 right now

Regulatory or perceived regulatory issues related to IRA's getting implied financing through futures contracts, UBTI reporting, or other compliance issues. Obviously they previously thought it was fine since they allowed it before. The regulators haven't been getting more lax lately and their...

Which broker is your list from?

A reasonable article on HFT - that's a rarity.

It's still better to avoid the situation in the first place. I didn't find more details, but if the customer got back $0.50 on the dollar of losses, they're still in the hole and this was a case from 2011 so they had to wait years and probably hire lawyers too. Perhaps one lesson here is to...

Hedge fund customer took them to arbitration seeking $1-3M in damages for their auto-liquidation. At issue was closing transactions executed at prices away from the market, which when used to remark their book, increased the size of the call dramatically and resulted in even more liquidation...

Look at the pnl under Account in the Portfolio section, that will give you the current pnl based on your acquisition price and whatever they use as the current mark (indicated). The pnl column in TWS is daily pnl relative to yesterday's close, not since the start of the position, and in...

It's possible that hedging the long side to market neutral would free up additional capital, which you could use to scale up the whole trade. In that sense, hedging may not just tie up extra capital in exchange for risk reduction, but also provide some alpha in that it lets you do more of the...

This guy isn't bullish: http://seekingalpha.com/article/2896106-shake-shack-is-overpriced-new-price-target-set Wish I'd shorted more at $43, still holding although the borrow cost is 85-100%. Hopefully it'll reach a reasonable price sooner rather than later.

Thanks to the traders who shared some stories about the old days of the Tech bubble and how the markets used to work. I have only been trading seriously for maybe 5 years now and while I've found more than my share of edges, I can also see what's left is a tiny fraction of what I could have...

Shares started to be available to short midday Wednesday. I'm currently up about 100 ShackBurgers :)

Did you see the recent addition of the transaction cost performance metrics at IB? They have really great stuff there, better than many hedge funds. Various horizon conditional alphas split up by ticker, exchange, order type, etc, etc. You can find it in Account Management, under Reports ->...

Make sure you learn to be consistent on someone else's bankroll or you'll be in for a couple expensive lessons.

I'm not sure where you live, but you should generally prefer a hostile foreign government having your information to your domestic one. They don't control the local police, who are the ones who can have you hassled, arrested, framed, killed, etc, and they have a lot less incentive to share it...