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    Rithmic fees recent changes

    Oh for their API - you did not mention that - I remember now that they charged for that....that will be good if they are dropping that minimum.
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    Rithmic fees recent changes

    Yeah let's. But their fees are listed right there on the link I posted and you can call them to verify. The fees, at least as shown on that page, have not changed in a long time. I used them briefly as I recall and I certainly did not pay $100 a month. But they have various packages and...
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    Rithmic fees recent changes

    I do not use them but do not think they ever had a $100 monthly minimum fee from what I looked into before. See http://www.deepdiscounttrading.com/TradingPlatforms.html
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    Legal advice needed URGENTLY!

    Nothing is wrong with doing so IMO. Do they know you will have a parallel project of your own? Have they said that's fine with them? If so, it would be best to revise the contract to reflect that. Sometimes the initial contract they propose is just boilerplate from their files that...
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    Legal advice needed URGENTLY!

    I think it pays to ask here first, not for definitive advice, but to get a rough idea of some of the issues, and especially of non-legal aspects of the situation. Then follow up with a lawyer if he, now better prepared to know what to ask, wants legal advice. I do not think we should treat...
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    Legal advice needed URGENTLY!

    What you can do is explain to them that under that agreement, you will have to develop everything from scratch, and would be unable to use your existing extensive code already developed. Ask them if they would like to save lots of money and time by licensing your existing code as well...
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    Legal advice needed URGENTLY!

    That one is potentially good for you because it too general and therefore appears to be void (though you can never say anything 100%). Noncompete agreements are void unless limited in geographical area and to a short time period. But I personally would not agree to an improper provision...
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    Legal advice needed URGENTLY!

    Did you bother reading it? "prepared by the Consultant in relation to the Company operations and/or in the delivery of the Services in all forms of media or data whatsoever whether now known or hereafter devised (the “Work Product(s)”), shall be the sole and exclusive property of The...
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    High Probability - Low Risk Spreads

    Well it is going to be a loser in general for otm puts on stock indexes (since these options are normally significantly overpriced for several reasons including so many equity investors buying protection). But if you have the right timing ahead of major unexpected moves, these would profit...
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    Using Treasuries As Deposits In Trading Accounts

    It is NOT one account on IB's own books. By law, all brokers must maintain separate futures and stock accounts. Each is subject to completely different regulatory regimes under two different regulators and there is no way that they could ever by combined. They have to report balances to...
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    Brokerage Accounts "Cyprus'ed" ?

    The article points out: "Nowhere does any document talk about ‘deposits’ or ‘depositors’ or funds held by the banks in trust for customers. The only reference is to the conversion of ‘certain liabilities’ into capital if the SHTF. And you can bet those liabilities will be new bond...
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    Best Trading Systems Book?

    I have looked at a number of books on Trading Systems and the best seems to me to be http://www.amazon.com/Beyond-Technical-Analysis-Develop-Implement/dp/0471415677 by Chande. IMO it is better than others because it gives in-depth reasoning and not just optimization. Anyone else have a...
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    Brokerage Accounts "Cyprus'ed" ?

    See http://www.greaterfool.ca/2013/03/28/hysteria/
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    Forming Out of State LLC

    Nobody is giving or taking advice here. Nobody is that stupid. They are helping people identify likely problems and issues that they can then pursue on a much more detailed basis with whoever they choose. In any case, it is hardly the case that the accounting profession has uniform advice...
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    Brokerage Accounts "Cyprus'ed" ?

    The initial proposal was that way because that was the only thing the Cyprus negotiators would agree to initially in an all-night meeting where everyone lost touch with their senses and came up with that compromise. They wanted to minimize losses of their large foreign depositors so that they...
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    Forming Out of State LLC

    I did not say otherwise. Of course their are credits. He still has to file in two states. Yes there are tax credits which may bring the taxes close to zero in some cases but he will still likely be paying at least some licenses, franchise taxes, etc. in each state, as well as tax planning...
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    Brokerage Accounts "Cyprus'ed" ?

    It is being blown out of all proportion. Cyprus initially wanted to avoid hitting its tax haven depositors too much and so wanted to apply a haircut evenly across all accounts. The EU finance minsters initially said "OK, if that's what you really want." Then Cyprus rejected what had been...
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    MFGlobal & PFG Best, we're rooked without your help

    I am getting several offers for my PFG claim in the mail. They are currently offering another 25% or so beyond the initial 30%. These companies will be our best friends after they accumulate a large number of claims, because they will sue the banks and others involved on a class action...
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    Forming Out of State LLC

    Watch out. You'll still have to pay taxes in Ohio (since you trade from there) so you will have to file and pay taxes in two states. Probably a poor idea.
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    OMG! Where are the REGULATED Binary brokers who accept USA clients

    The site says: "The site is not available from United States."
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