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Def thank you very much for your reply. Your help would be much appreciated in walking through a typical illustrative trade and correcting my understanding. I have an IB account funded in US dollars. I subscribe to the Au stock exchange data. I purchase 1000 shares of Anz.ax on the Asx...

Thanks Just21. I was hoping someone could answer some of the other questions too.

Moderator please move this to retail firms instead of prop firms. Thank you

I'd like to know if you trade from the US in an account funded in US dollars, and you trade Australian stocks through IB, does IB convert your US dollars on the purchase amount to Au dollars when the trade is made? Or is the purchase amount shown in US dollars? What actually happens to make...

Plain to say that one does not need a minimum IQ level to post on ET, OP for example.

April 1st one of Cramer's pick is Ed, "This is a travesty or a mockery or a sham that this stock keeps going down" Hmmmm I wonder if Jimmy C reads anything to substantiate the calls, like Moodys " Con Ed outlook to negative from stable" 3/20 From Msn Money- projected earnings flat...

April 1st one of Cramer's pick is Ed, "This is a travesty or a mockery or a sham that this stock keeps going down" Hmmmm I wonder if Jimmy C reads anything to substantiate the calls, like Moodys " Con Ed outlook to negative from stable" 3/20 From Msn Money- projected earnings flat or...

When I was a kid, the saying went, "liar, liar, pants on fire" Bernanke's pants must be burning really hot about now.

Thanks Bob, My limited understanding from reading other threads is that a US citizen first must open an IB account with US dollars, and I've had an IB account for years. Then if you want your account to report in Au dollars, Ib will loan you the Au dollars and charge interest to do this. It...

Hello Ialwayslearn, Could you elaborate more on this issue. Whether prudent or not, I would like to be in straight Au dollars unhedged for currency risk and earning interest from corporate Au bonds. Any suggestions would be most welcome. Mike

So true an observation regarding free markets. The consensus with more than a few persons I've talked to feel that allowing some of these institiutions fo fail would actually be more healthy in the end, and better for our economy. But the real hard question yet remaining to be answered is...

Where did you get your IQ degree [HedgeFund], the same place as Bernanke or Greenspan? For you to say that this is appropriate shows your lack of understanding of what's happening with the money supply, M3, the total lack of confidence by the global community in the dollar. If you personally...

Thanks for the link. But the fee for exchange as on the website is 1%, and to top this, the CD interest rate is 5.25%, a full 2.25% less than direct deposit in an Au bank. So it appears the cost of doing business is a full 3.25%. Hmmm, there's got to be a better option. Don't take my word for...

I'm sorry to report that Au banks are forbidden by law to accept deposits from foreign nationals unless you were to appear in person within 6 weeks of opening an account. I checked this out with two of the largest banks this week. ANZ and Commonwealth Bank. Interestingly, the Reserve Bank of Au...

My vote too. Unfortunately nobody cares what I think. The only thing that matters to the politicians is the current bank bailout.

It took a few years to figure out Greenspan, but only a few months to see that Bernanke will ruin the US and the dollar.

I noticed yesterday what apeared to be IQ feed on Quote Tracker lagging Assent Anvil prints. Logging off Quote Tracker got the newest prints, but the problem repeated itself several times.

Next time she won't do the crime bc she can't do the time.

IQ feed is discounted through QT.

Six 19" dell 1907fp's.