Search results

  1. C

    Anyone pulling money out of MF Global?

    Formally, the exchange guarantees performance of the other side of trades but not your own broker. Informally they have certainly made statements going beyond that at times.
  2. C

    Help connecting to IB webinars

    I searched on: "INVALID REQUEST This URL is invalid. Please contact the publisher or your site administrator. " and this is a relatively common issue that may be readily resolvable. E.g...
  3. C

    Help connecting to IB webinars

    "the program won't "play" on either of my puters which are connected to the web through a cisco router" I would guess it is a Cisco issue. Do you also have Cisco VPN software on your computer? Try upgrading the Cisco firmware (and software if applicable) to the latest versions. Also...
  4. C

    futures secured account and bankrupt risk

    I agree that IB is safe at the present time. It is really hard to draw conclusions about who else is, apart from the too-big-to-fail banks. Perhaps one could argue that some of the firms that have substantial non-trading revenue at least have some diversification and cash flow that could...
  5. C

    Anyone pulling money out of MF Global?

    Usually on such broker policies there is an outside limit on total payouts across all clients that makes them of little value in a case like MF Global where many clients suffer losses. For example, the policy might be for up to $9 million per client up to a total loss amount of $25 million...
  6. C

    Anyone pulling money out of MF Global?

    "MF Global accessed client funds for weeks"...
  7. C

    offshore bank accounts

    Do you have futures accounts in any foreign countries? In general the commission rates seem too high....
  8. C

    Anyone pulling money out of MF Global?

    Canada is one million dollars though. If it can be done there I do not see why it cannot be done in the U.S. also. As a matter of fact U.S. brokers like Interactive Brokers Canada and MF Global (formerly) that operate in Canada are members of this insurance plan so it must not be overly...
  9. C

    SCILAB - Looking for feedback from users

    Not to dissuade anyone from using any particular one of these excellent environments, but just by way of a point of comparison, there are extensive capabilities in R's quantmod package for downloading EOD data. getSymbols("GOOG",src="yahoo") getSymbols("YHOO",src="google")...
  10. C

    SCILAB - Looking for feedback from users

    You might also consider R, which is widely used in Financial modeling. For some good examples, see http://blog.fosstrading.com/ I think you are far better off with R than with a clone of Matlab, and in fact probably better off than with Matlab itself.
  11. C

    An Old MF Glabal Segregation Thread

    The old thread offered great insight. Of course, the actual CFTC rules, finally under some scrutiny now, turn out to have been even more full of holes. We are told that the rules allow the broker to do any and all of: - invest segregated funds and keep the profits - invest segregated...
  12. C

    Anyone pulling money out of MF Global?

    That proprietary trading firm is not a member of the the Canadian Investor Protection Fund and hence hardly a suitable choice for people looking for a safer dealer than MF Global. http://www.cipf.ca/Public/MemberDirectory/CurrentMembers.aspx
  13. C

    Anyone pulling money out of MF Global?

    except that if you are a U.S. customer they will open your account with their U.S. subsidiary so you will be under the U.S. regulatory scheme, not the Canadian one, and in my opinion will *not* be eligible for the Canadian insurance plan. If you have any different information, please post...
  14. C

    CME Renminbi Futures

    Maybe the contract has changed or moved exchanges but I have traded RMB futures based on NDF's for years on and off. I'm afraid that there is no such thing as a free lunch. The consensus as to the future appreciation of the RMB is already reflected in the futures (aka forward) price...
  15. C

    brokers for CNH

    I agree Forex NDF may be better in that case. The futures settlements are listed at http://www.cmegroup.com/trading/fx/emerging-market/chinese-renminbi.html If that is accurate, they do look very thin right now. They were more active in the past. They are also available for some other...
  16. C

    brokers for CNH

    You can also trade the corresponding futures contract at most futures brokers. It may not have quite the liquidity of the NDF forex but I have traded it and it is accessible at a lot more brokers.
  17. C

    "The Entire System Has Been Utterly Destroyed By The MF Global Collapse"

    "The Entire System Has Been Utterly Destroyed By The MF Global Collapse" seems like a gross hyperbole. This article alleges that: "There is massive industry-wide exposure to European sovereign junk debt. " There must be people here who know whether this is true or not. Can anyone...
  18. C

    Anyone pulling money out of MF Global?

    "MF Global, like other brokers, can use customer cash if it puts up sufficient collateral." Gee that sounds like a great rule, doesn't it?
  19. C

    IB HK Commission

    U.S. investors and traders really need access to options on foreign stocks and access to trading foreign stocks on margin, along with access to the foreign stocks themselves. The options are needed so as to be able to hedge underlying stock positions, among other reasons. I am aware that...
  20. C

    margin question

    I am sure that they must still be working on it because it clearly does get confused at times. One good thing about IB is that they seem to allow you to have multiple limit open orders pending even if cumulatively they would cause you to be under-margined if all filled, so long as they are...
Back
Top