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  1. J

    Columbus Day Trading

    Futures exchanges make their own rules. The cash market being closed does not require futures to stop trading.
  2. J

    Columbus Day Trading

    Federal holiday, cash Treasury market is closed. Early closing Friday for bond cash and futures markets.
  3. J

    delayed opening

    You people have to be joking. How can you trade the grains without knowing when the USDA reports come out? :confused:
  4. J

    IB Futures Intra-day Margins

    Only for FX futures. "Due to market conditions and until further notice, Intra-day margin benefit rules for currency futures have temporarily been suspended."
  5. J

    When will the SEC tax go down?

    At some point in the near future the SEC fee will increase from $16.90 to $19.20 per million. http://www.mondovisione.com/index.cfm?section=news&action=detail&id=93145
  6. J

    CME co-Location Services

    Thanks for posting that information. CME operating its own Co-Location data center has to crush all the other Chicago co-location business. EQIX down 25% after hours.
  7. J

    What was that?

    You can make a formal complaint to the CFTC that the NYSE Liffe is an incompetent futures exchange. Let this be a lesson learned: never, never trade illiquid futures contracts.
  8. J

    Natural gas - where is the bottom

    Another typical ETer, ignorant and proud of it. George Santayana has something to say about people like you.
  9. J

    Futures trading broker

    MB Trading is clearly an IB as they are not a clearing firm. "Equities and Options transactions clearing are provided by Penson Financial Services (PFS)." "Futures transactions clearing are provided by Penson GHCO." http://www.mbtrading.com/futuresClearing.aspx
  10. J

    Futures charting software

    QuoteTracker is not free if you use a datafeed from a US broker. "Do I need to register QuoteTracker to use it? It depends on which datafeed you want to use with QuoteTracker. If you want to use a US Broker (other than TD AMERITRADE) for data and/or trading, then registration is required...
  11. J

    Interactive Brokers questions

    If you are going to hold for years a purchase fee of £10 is much cheaper than a monthly inactivity fee of $10 (£6.66) and data fee of $10 (£6.66). IB is good for traders and not good for investors.
  12. J

    Natural gas - where is the bottom

    Which that? The price of onions in 1956 or the fact that onions are the only commodity to have a ban on futures trading? Unlike the vast majority of the posters here I actually know something about the history of futures trading.
  13. J

    Natural gas - where is the bottom

    A commodity price can get very close to zero. In 1956 onion prices for a 50 lb bag went from $2.75 to $0.10. People were only willing to pay the $0.10 because the burlap bags the 50 lb of onions came in were worth at least $0.10. Note that onions are the only commodity in which futures...
  14. J

    What is the formula for converting 1min data to higher time frames?

    To convert 1 minute bars to n minute bars: Start with a bar with time stamp xx Hour 01 Min. Highest high of 01 to n minutes is your n minute high. Lowest low of 01 to n minutes is your n minute low. Bar close is the n minute bar close. Repeat starting at xx Hour (n + 01) Min and...
  15. J

    Questions for Don Bright

    And what relevance are the numbers from 5 years ago ??? Just for fun here is the 08/26/05 SEPT contract volume reported by the CME big S&P 26,992 emini S&P 576,260 Even 5 years ago the emini was stomping all over the pit.
  16. J

    IB API Java

    For two open source Java ATS for the IB API take a look at JSystemTrader http://code.google.com/p/jsystemtrader/ and JBookTrader http://code.google.com/p/jbooktrader/. Plenty of good code and functionality there (thanks to nonlinear5).
  17. J

    Questions for Don Bright

    Is this a joke question? 08/27/10 SEPT contract volume reported by the CME big S&P 15,186 emini S&P 2,540,284 Long past time to terminate the S&P pit and give us the big S&P on Globex RTH.
  18. J

    Questions for Don Bright

    Sorry Don, but there is no daily fee cap on emini trading for CME members. The $50 Globex fee cap (200 sides) for eminis was ended as of August 31, 2009 and replaced with a discount schedule. http://www.cmegroup.com/company/files/Q32009-Fee-Change.pdf
  19. J

    Questions for Don Bright

    Which clearing firms offer a daily cap on their emini commissions to exchange members? Something new to me as I have only heard of monthly and annual futures commissions caps.
  20. J

    40 million on food stamps in the USA

    Complete and utter nonsense. The poverty and deprivation of the Great Depression was far worse than what is happening now. The official unemployment rate for 1933 was 24.9%. Give it some time and maybe your wish will come true.
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