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Anyone outside of NZ do this? What broker do you use?

Looking for the differential between the bid/asks or even lasts of AUD/USD and NZD/USD.

Spreads or just cross-rate?

I know cross rates are the way to go to play this. But I do currency futures. So, to that end, is there a good research place or house to find historical data on the spread between the AUD and the NZD?

I just checked IB's margin regs and long call is a long call regardless of time -- and requires 100% down. You know of a broker that allows 75% down for long-dated calls? Is this even allowed?

A couple years ago, there was proposal floating around to allow 75 percent down on Leap purchases. Anything ever come of this or will come of this?

My only reason, and I am still undecided, is that I own some ASX stocks, Commonwealth Bank in particular, and I'm interesting in hedging with puts or maybe writing covered calls. But, as I said, I am undecided and probably leaning against. I would like the option, though, pardon the pun.

The rub here is that you have to be, according to SEC rules, a non-US resident to trade equity or index (but not futures) options on a foreign exchange. (And I do not know the rationale for this.) I am a US citizen living in Sydney for a couple years, thus a non-resident, and I am awaiting IB...

The rub here is that you have to be, according to SEC rules a non-US resident to trade equity or index (but not futures) options on a foreign exchange. (And I do not know the rationale for this.) I am a US citizen living in Sydney for a couple years, thus a non-resident, and I am awaiting IB...

Ok, I have my own money and have a couple strategies I like, sectors (water and Australia), as well as strategies (diagonal call spreads, short calls and puts on currency futures, indexes. If I wanted to take the next step, pick up a RIA, maybe a CTA (and a Series 3), what would be the best type...

Thanks much, guys.

Anyone trade or knowledgeable about options down under. I'm thinking of raising my trading permissions at IB to include options in AU. Do they have a Leaps market? How's liquidity on options on the larger cap stocks? Caveats?

Yeah, I hear ya. It's getting that the only thing I use Windows for is trading apps. Wasn't for that ....

Anybody know of any?

Buying ITM LEaps that are generally 2.5 to .35 the price of the stock. SSF would give me a little more leverage, but I'd have to roll out every three months. So is the small about of leverage boost for a six to 18 month holding period worth it? (Also writing short term OTM calls, but probably...

Tip: Buy the book used on Amazon and then resell it when you are done. You'll be out $5-$10 bucks when you are through. It's what a trader would do. Better trade: Barnes and Nobel gives you all your money back if you return the book in decent shape within 30 days, and this won't take 30 days...

Any caveats, besides liquidity, with SSFs? And, if doing, say Calendar calls (Long ITM Leap / short OTM near term call) what would be the advantage of doing it with a SSF rather than a Leap?

I can't really see any. Am I missing something?

Ok, just so I have this straight, I risk 2 percent of the equity value of the account per trade, just forget the margin -- for this calculation, right?

So you mean my trade size is limited to 2% of account equity, regardless of margin? Wouldn't that mean, for futures, needing a humongous account, as most futures are traded on like 3 or 4 percent margin?