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  1. M

    Is IB the cheapest broker for larger investors trading frequently?

    Do you offer market-on-open and market-on-close orders that take part in the opening and closing auctions on Nasdaq and NYSE?
  2. M

    Best service for quick market news?

    If you con't care about real time price data because you get real time data somewhere else, can you subscribe to the USD 99 version (XENITH FOREX) and get access to individual stock news similar to what Eikon offers?
  3. M

    interactive brokers: dividend payment time

    No, but I have noticed that every year I receive some negative "ordinary cash dividends." Payments in lieu of dividends are clearly labeled payments in lieu of dividends. I assume the negative "ordinary cash dividends" are payments in lieu of dividends that have been mislabeled? If anyone...
  4. M

    Quiz - performance of international equities versus US bonds since 1988

    Since no one wants to play, here is the answer: Bloomberg Barclays US Agg Total Return Value Unhedged USD Index has performed better than MSCI ACWI ex USA Net Total Return USD Index. I find that interesting since the drawdowns of the MSCI ACWI ex USA Net Total Return USD Index have been brutal...
  5. M

    Quiz - performance of international equities versus US bonds since 1988

    The start date of the quiz is 12-31-1987 because that is the inception of the MSCI ACWI ex USA index. The Bloomberg Barclays US Aggregate Bond Index is a broad-based flagship benchmark that measures the investment grade, US dollar denominated, fixed-rate taxable bond market. Bonus info: The...
  6. M

    Say Goodbye to the Order Protection Rule?

    Sub-pennying - jumping in front of the line - on the other hand apparently is no problem.
  7. M

    Recommend news based event driven EA?

    Unfortunately, I do not think such a product exist. You would have to program it yourself.
  8. M

    Recommend news based event driven EA?

    What do you pay for Eikon?
  9. M

    All market gains since 1993 have occurred after hours

    https://www.nytimes.com/2018/02/02/your-money/stock-market-after-hours-trading.html "His data shows that during the bear market year of 2008, the overall market, as represented by the SPY E.T.F., declined 36.8 percent. But most of the damage occurred during the day, with losses of 26.7 percent...
  10. M

    All market gains since 1993 have occurred after hours

    I assume if you buy SPY on the close every day, you will always be entitled to the dividend, correct?
  11. M

    All market gains since 1993 have occurred after hours

    I think that will prove just as difficult as trying to pin down the just 20 days during the last 20 years that have generated the entire market return above the risk free rate.
  12. M

    All market gains since 1993 have occurred after hours

    Two strategies: 1) Buy the market and hold it for 25 years 2) Buy the market at close and sell on open for 25 year Disadvantages of strategy 2) - 2 x commission each day for 25 years - market impact two times each day (no matter how insignificant, trading does by definition always imply...
  13. M

    Orders in someone else's account not visible to them

    The owner of this other account would see the trades in activity statement. You do not mention the motivation, so I assume the motivation is to prevent this other person from copying your strategy/strategies. However, the activity statement would compromise that.
  14. M

    Dividend Income ETFs ??

    Do you have to pay 3 times the dividend in the 3 x inverse ETFs?
  15. M

    International tax advice, big 4 ? Need feedback

    Sweden - no wealth tax, no death tax, no gift tax, no excise tax on cars, free healtcare, free education including universitets where your children are paid to study, no capital gains tax but instead a 0,5% tax on capital which translates into an effective tax rate of 5% assuming a long term...
  16. M

    Most useful things you learned in school that apply to trading?

    Took me nearly a decade to unlearn what I had been taught in my master’s degree.
  17. M

    Which data about individual trading account does broker send to government in EU for tax evasion?

    Name Address Tax ID Number Tax Country Date of Birth Place of Birth Year-end account balance Gross Proceeds (all sales) Interest income Dividend income https://ibkr.info/article/2784
  18. M

    Why would you want to short SPY instead of S&P futures?

    Shorting SPY: payment of short fee rate; higher taxes in the US; usually higher commission. Are there any reasons why you would want to short SPY instead of S&P 500 futures?
  19. M

    unfairness in trading ecosystem

    https://www.investopedia.com/terms/s/sub-pennying.asp
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