Search results

If you don't trade enough during the month you get hit with a $99.95 account service fee. No free market data, you pay for every type of market data. Margin rate of 7.75% is outright robbery. No thanks, I'll take IB and autoliquidation (I've never been autoliquidated at IB).

SIPC does not cover futures accounts.

Obama doesn't want you to eat peas. Peas are a starchy vegetable and are very bad for you according to Obama. Other bad starchy vegetables are potatoes, corn and lima beans. http://online.wsj.com/community/groups/question-day-229/topics/should-starchy-vegetables-such-potatoes So now...

Oh, yeah! "RECREATE OUR DEMOCRACY" with a stark Stalinist style poster. (Aside from the fact that we have a Republic.) "RESIST AUSTERITY" say the people who want everyone else's money. Just like the Greeks, OWS should just blame those damn Germans for all our problems.

Don't count your chickens before they are sold off. Margin Calls "Fidelity reserves the right to meet margin calls in your account at any time without prior notice. *" "* Fidelity can sell assets in your account without contacting you. While Fidelity generally attempts to notify...

http://www.greencompany.com/EducationCenter/GTTRecCommodities.shtml

Aside from owning property the things that tie you to a state are driver's license, vehicle registration, bank accounts, voter registration, mailing address and library card. Here is a RV site with useful information http://changingears.com/rv-sec-state-residency.shtml If you really want...

New Hampshire doesn't quite make the best. Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming have no income tax. New Hampshire and Tennessee only tax dividend and interest income.

SIPC coverage is only for firms that are members of SIPC. FCMs and futures IBs are not SIPC members. For brokerage firms that are in both the securities and futures business only the securites part of the business is covered by SIPC.

Not a smart move by IB. IB does invest in other companies. In October, 2010 IB purchased 2,567,522 shares (6.3%) of TradeStation for an average price of $6.22. They made a nice profit when TradeStation was taken over at $9.75.

AFAIK those $500 intra-day margin brokers won't let you do 1000 contracts on $500 per contract margin.

You have a reading comprehension problem. Penson did not buy Ridge Clearing & Outsourcing Solutions. Penson only bought "the contracts of substantially all of the securities clearing clients of its subsidiary, Ridge Clearing & Outsourcing Solutions, Inc." Penson then entered into an 11...

Contrary to what the CFTC, the NFA, the futures exchanges and the futures brokers tell you, segregated accounts are not safe. I am reposting what I posted on June 16, 2010 on page 3 of the thread http://www.elitetrader.com/vb/showthread.php?s=&threadid=201683 "Just because there are no...

A massive drop of what? Futures traders play both sides of the market. Liquidating shorts isn't going to make any futures market drop.

You are spouting IB bashing nonsense. My numbers come straight from the IB balance sheet filed with the SEC. Total equity is $4.6 billion. Total assets are $33.2 billion. A simple ratio of total assets to total equity is 7.2. It is better to look at a ratio of total assets at risk to...

Latest news is that only accounts with positions were moved. Accounts that are all cash remain frozen. "Under a court order in the bankruptcy case, no funds or collateral not backing futures positions can be transferred to another futures broker."...

Probably has to do with the forced liquidations anticipated on Monday from the transferred MF Global accounts .

Happy to provide useful information. For the time frame you are using you I agree that you will see little difference between using ES and SPX as the signal data. You might see a difference if your trade time frames were 10 minutes or less. One advantage of using ES as the signal trigger...

You must be at least an octogenarian to throw around the name Muriel Siebert. The average Muriel Siebert customer has an account worth $148,000, way more than the great unwashed here. Probably has to do with the fact that Muriel Siebert customers are investors, not traders.

Latest news is that only 6 firms getting bulk transfers of MF Global accounts and only 60 percent of the collateral is moving over. "That means crunch time on Friday as the six firms -- ABN Amro Chicago Clearing, ADM Investor Services, Dorman Trading, FCStone, R.J. O'Brien and Rosenthal...