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Merkel should just do a Bank levy to hit the banks. Stamp duty will hit workers via pensions. But the idea behind FTT is that the socialists want to go after hedge funds too. I doubt the voters care much about hedge funds, most probably dont even know what they are. I bet if you...

IB rep once posted on ET, that if anyone is serious about doing this he can put them in contact with the right people at Lloyds.

You can buy it individually too, just to provide cover for your own account, normally from the same insurance firm that provides it to the broker. The broker wide insurance will probably have a limit across all accounts. By having your own, you could set an exact insurance limit for your own...

Early payments on account dont apply to capital gains tax in the UK, HMRC have never asked me to pay on account in the past. So the tax will be due on the tax filing dead line, which is in january the following year. I wont be providing blotters, as i said these can be easily 'photoshopped'...

UK, Hong Kong team up to boost London as yuan centre http://uk.reuters.com/article/2012/01/15/uk-britain-yuan-idUKTRE80E0RI20120115 The UK welcomes more and more financial transactions to it's shores. Lets hope the socialists never take control of the UK like they have in europe...

Someone correct me if i am wrong but dont all NYSE listed companies (like GE etc) have the freedom to move to NASDAQ anytime they want too?

If any future german government forces this on the a NYSE/German merged company the regulators in the US can just ban the new NYSE from trading US stocks, remove it's licences etc And hand the rights to a new US exchange company or an existing exchange like NASDAQ or more likely a smaller...

Yes it excludes taxes. Most of the taxes due for this period wont be due for payment until 2014, which gives another year to compound any profits. This is a weekend journal, purpose of which is to document my weekly equity curve changes, with a bit of added commentary. Still in the early...

Week 2 ===== +£2421 Closing Balance: £50314 25 trades to date, 17 winners 8 losers. I only need to average about 1K a week to hit the target, so currently doing very well.. however a few losing weeks will bring the performance back down to earth. The trade win rate is currently...

That maybe the case in the US. But in the UK and maybe other countries, property and shares are already taxed when transacted. Then taxed again if a profit is made (at least in the case of second properties, main residences are exempt in the UK). These transactions taxes were passed and...

French General election in a few months, and Sarko is behind in the polls. The guy is obviously desperate, will promise anything to get in again for his final term. http://en.wikipedia.org/wiki/Opinion_polling_for_the_French_presidential_election,_2012

Yeah i noticed that, sometimes the PMs say one thing, the FinMins another, the coalition partners have their own ideas and opposition parties are have their own internal FTT battles too. In the end we will only know where everyone stands when this thing comes to down to a formal vote at both...

Maybe we can now remove Finland from the list too. This whole european FTT political circus would be quite funny, if it wasnt so serious.

10 years = about 2500 days of trading. If the systems are correlated then the sample is much less than 50K. For the early periods of the trading day there might only be a few hundred uncorrelated signals.

The FDP should push hard for a german bank levy if being against FTT makes them look like they are out to 'protect the banks'.

Happiness Fantastic song from the '60s. The first time i heard ken dodd sing this song i was still a kid, 30 years ago, it never gets old and my own kids still love it today. <iframe width="420" height="315" src="http://www.youtube.com/embed/4a5vaIsaxB8" frameborder="0"...

“We act as though comfort and luxury were the chief requirements of life. All that we need to make us happy is something to be enthusiastic about.” &#8213; Albert Einstein

You can train (re-wire) the human mind to raise its level of happiness through things like meditation. This means your base level of happiness will become higher than what it was. You will still have periods where your happiness fluctuates up and down based on what is happening in your life...

Finland's finmin recently said they would do it with just France: http://www.yle.fi/uutiset/news/2012/01/finance_minister_urpilainen_supports_financial_transaction_tax_3158124.html

That may be the official line but the Labour party leader Ed Milliband, sometimes called 'red ed' because of his left wing views said he would back the tax, even if it only went ahead in Europe. He is owned by the Unions, who voted him in as leader, so his position on FTT is not at all...