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No it depends where his normal residence is. What does he claim as his state of residence on his personal tax returns? Where is his driver's license issued? Just because it is possible to conjure up some difficult cases will not prevent your state's revenue department from assessing...

Yes because the business is actually being run in the state you are actually trading from.

Just right-click and then print in Chrome while viewing it.

For TWS, try reinstalling Java from http://java.com/en/download/ . The PDF download of the 1099 did work ok for me in Chrome via Save As (also change file type to all ALL and use file name ending in .pdf) but admittedly I am running Chrome Developer Build (which has a huge advantage because...

Because they have more bargaining power than you do and get to write the contract and decide who they will accept and on what terms. If you have a large enough trading account, it often does become negotiable. By the way, it is not just brokers. Every bank will also require a personal...

What happens is that various programs can set their own file associations for .pdf etc. in both Windows and in browsers, so the various combinations can lead to grief. If you newly installed Chrome it needs to have the Java plugin installed to run TWS directly.

It may work in some browsers or under some Windows configurations. IB does not test enough across all browsers and that is also true of other brokers. Tradestation is one of the worst - their forums will only work on IE.

If you have Adobe Acrobat installed or maybe some office drivers, worst case do print to file from the browser and save in pdf or other format. I often have to do that on some sites.

Not if the broker requires a personal guarantee (which they probably will) and not for negligence. They will sue both the LLC and you personally for negligence regardless of whose name the account was in.

It was a user error - failing to get out of option positions close to expiry or to mark them as not to be exercised. You must always do one or the other unless your account is large enough to deal with the higher margin requirements that will apply if they end up being automatically exercised...

For it to be an edge, implied volatility has to be different from what realized volatility turns out to be. (Higher if you are selling options. Lower if you are buying them.) If you are selling options, you have to look for those cases where you believe your judgment as to future volatility...

The feds want it to be specific enough that they can get a conviction for wire fraud later on if the money really is used as part of money laundering, drugs, gambling, etc. If you just say return of capital or whatever, that would still be accurate in any case and it would be harder to...

Forex traders do not just convert foreign currency back and forth. They do it on leverage of 40 to one. So I think it would be easy enough to identify forex trades that way, despite any attempt to camouflage them. Their syntax is slightly mangled but they mean "cash swept into a...

Wow those are the most definitive statements yet. They do completely contradict what IB says. I assume you got them from the SIPC by email. I hope that now that SIPC has made a clear statement on the issue, it will publish the same statement on its web site or otherwise draw the...

No - they are not approved by the S.E.C. for U.S. residents so no broker can offer them.

Just for people's information, non-U.S. brokers will in general not open accounts for Americans because of U.S. extraterritorial regulation. You can look at the recent suits by the CFTC against a number of foreign forex brokers for dealing with U.S. clients. It may be possible to...

My guess is that what we are really seeing here is hardball negotiating tactics by IB directed at ICE. Probably they are trying to generate enough ICE subscription cancellations (by quoting a high price publicly to users) that ICE will come around and give them a better deal. This area...

Every broker will accept telephone orders to exit a trade when systems or communications go down. It is usually the first item on the their telephone menus: "To place or exit a trade, press 1.....".

Openquant is not open source, despite the name. If you build on that, you are building a dependency since they could raise their licensing cost arbitrarily, discontinue the product, etc. By the way, on another point, the IBController package can be used to stay logged on to TWS...

It is T+2. I have tried to withdraw cash at times and you have to wait 2 days for forex trades to settle.