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https://asia.nikkei.com/Business/Banking-Finance/China-unveils-timetable-for-full-financial-sector-opening-in-2020 Do you know where this full timetable can be found?

My answer will be quite long and you will still need to consult a specialist. So I will pass on that specific question. However as I said before, trying to pay no tax is to me a useless pursuit. In Sg, taxes are progressive but you can still have a 1 billion USD profit and pay a total tax rate...

Agree it's complicated. Good luck to you!

I see. Not sure I can bring any added value to you. I think that you could probably live first in a country that would not question much where the money comes from, but have good international reputation(Sg? Or others?), bring all of it on onshore accounts, trade for few years, pay income taxes...

Yeah they haven't raised the minimum those last years contrary to others. But what do you with your 200k there? Invest it with their unit trusts? Hahahaha (for their unit trusts) Best will be to keep this money on their deposit account. But anyway, we both agree that there's no point of having...

10 years ago, nearly every non-resident could open a bank account. Now no more. Of course, if you have too much cash, you still can. But I believe the min balance is higher than only 200k nowadays. You need to be very wealthy to have min hundreds of k on an account doing nothing for years. And...

I couldn't agree with you more. But most people believe it's the opposite.

Many countries will try to tax you unless you can prove that you're already paying tax as a resident somewhere else. 183 days is one of the condition to be resident. But you can also be resident by having business in a country or your family even though you stay less than 183 days per year in...

Singapore doesn't allow non-residents to open bank accounts locally. Can you get a 1 year visa?

I didn't check PP because the 0PP here is only for max gain (one specific point) which is quite meaningless. Not sure why SPX PP is not 0 though. I consider max loss a big error. But it's easy to correct with own assumptions. So it's not a big deal.

I am used to trade futures and options on futures only. Index options work a bit differently. But now it's clear. Thanks. Actually I believe you already explained the additional difference. 3.11% is the borrowing rate provided by IB for a 165,000$ negative cash balance according to their...

Hi Guru, First of all, I appreciate that you took time to answer. Regarding the cost of carrying, it is included in the option price so I am not sure what you mean. But you're totally right about the ask price. So this butterfly put ask price is calculated by adding the 2 ask prices of the put...

Can somebody help to explain why I find different results on the performance graph with IB for this Butterfly Put? Vs Premium amounts are exactly the same: 165,000$. Margin impact is equivalent. Max Loss should be limited to premiums i.e. 165,000$ (+ commissions) however IB is saying...

That is definitely a great idea. Haha. I love it

Their staff should stop contradicting themselves. Anyway the non-US website still shows normal fees.

Would be surprising that EU customers are treated like US ones while Canadian ones are not.

I contacted Etrade: they don't accept non-US residents since 2016. IB lite if for US residents only. It seems that this brokers war will have no positive impact for us. Frustrating indeed!

I've just confirmed with a TDA staff. TDA entities for each country are "separate entities". Lol. Only TDA US reserved for US residents lowered their fees.

? Just go to TDA websites! Here the HK one: https://www.tdameritrade.com.hk/tdaa/index.html#!/whytdaa/commissions

Non-US TDA websites have not been updated. It seems that they don't want to lower their fees outside of US. IB still the best!