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  1. J

    TD Ameritrade $8.2 Million Arbitration Claim

    "TD Ameritrade Inc. has been hit with an $8 million arbitration claim by a group of options traders who say they lost money last summer during final integration of the thinkorswim trading platform." http://www.investmentnews.com/article/20120110/FREE/120119994
  2. J

    Where to Park Brokerage Account Cash?

    And what type of elevated risk are you willing to accept for that 2% to 3%? 10 Year notes are at 1.86% and 30 Year bonds are at 2.91%. If you convert your USD to AUD, AUD LIBOR is at 4.41%. The junk bond ETF JNK yields 6.80%. I think I'll just accept the 0.00% for now on my brokerage...
  3. J

    is the CME Electronic Corporate Membership subject to self-employment tax?

    What is so difficult to understand about what I posted over 2 years ago: "A futures exchange membership is a futures exchange membership, the type does not matter." You cannot lease any CME/IMM/IOM/GEM seat without applying for and being accepted for membership...
  4. J

    Buy Automated Trading Software

    I don't think that anyone will pay you for software that stops profits. :D
  5. J

    swing trades on DIA/YM IWM/TF and dividends

    Why would you think that low interest rates make YM underperform? You get to buy YM at the proper discount to the cash Dow index. If DIA and YM didn't generate the same profit/loss the arbs would step in and arb out the difference. Keep in mind that the DIA ETF has a 0.18% expense ratio...
  6. J

    How can I protect my own trading system's source code (C#)

    You can use code obfuscation to make decompiling a more difficult exercise. http://msdn.microsoft.com/en-us/magazine/cc164058.aspx
  7. J

    Mirus prop shop

    Please list all the futures brokers that trade against their customers. Please explain in detail how these futures brokers get their orders placed in the queue to be on the opposite side of their customers' orders.
  8. J

    swing trades on DIA/YM IWM/TF and dividends

    You don't lose one cent of dividends long term trading stock index futures. You need to learn about fair value: http://www.indexarb.com/fairValueDecomposition.html
  9. J

    ES symbol with IB & QT

    Here are the directions for using QT and IB: http://www.quotetracker.com/help/ib.shtml
  10. J

    Orderbook priority and GTC orders

    You had better find a new source of information. GTC orders are supported by GLOBEX. http://www.cmegroup.com/globex/files/GlobexRefGd.pdf http://www.interactivebrokers.com/en/trading/orderTypeExchanges.php?ot=gtc
  11. J

    Low cost broker that doesn't clear through Penson

    Wow, wow, wow, where did you get that Penson nonsense from? Penson brokers sell order flow day and night. OptionsHouse is a broker that clears Penson and they sell all their order flow. OptionsHouse 606 for the quarter ending 09/30/2011 is here for all to read...
  12. J

    Is anyone else worried about Penson Financial?

    You don't have to use Penson as a clearing firm. Global Futures is an IB and their website lists 4 clearing firms: Penson, RCG, AMP and OEC. Pleanty of other IB's and clearing firms out there.
  13. J

    Is cash no longer fully insured in an IB account ?

    Only a few of them ? Here is a partial list of the companies TT has sued over the years: eSpeed, TradeStation, NinjaTrader, Interactive Brokers, Cunningham Trading Systems, LLC, Sungard Data Systems, Inc., Sungard Investment Ventures LLC, GL Trade Americas, Inc., FuturePath, BGC Partners...
  14. J

    Anyone has experience with DeepDiscountTrading.com ?

    Where did you get that "$1.17 per side" nonsense from? The website says they charge "59¢ commission per trade". Add in fees of $1.16 a side and ES/NQ/YM are $1.75 a side.
  15. J

    Anyone has experience with DeepDiscountTrading.com ?

    Just go look at the software page: http://www.eaglemarketmakers.com/tradingsoftware.html All 3 vendors have API's.
  16. J

    Is cash no longer fully insured in an IB account ?

    Trading Technologies has sued/sues every trading platform provider that has a DOM. Ninjatrader users only have to pay TT fees if they use the SuperDOM, no TT fees for regular DOM. IB changed their BookTrader DOM to comply with TT's lawsuit. Read the ET thread here...
  17. J

    Under MTM, is income taxed at a lower rate than capital gains?

    That is pure nonsense. MTM makes your trading income ordinary income which has the highest tax rate. MTM also makes you lose 60/40 treatment for section 1256 contracts. Read actual informed information at: http://fairmark.com/traders/mtmacc.htm http://www.traderstatus.com/mark2mkt.htm
  18. J

    Missing data help?

    Here is the time and sales for ESZ11 for the 13:30 minute: ES,2011-12,12/15/2011,13:30:07,121700.0,3 ES,2011-12,12/15/2011,13:30:10,121700.0,1 ES,2011-12,12/15/2011,13:30:16,121750.0,1 ES,2011-12,12/15/2011,13:30:20,121750.0,1 ES,2011-12,12/15/2011,13:30:34,121725.0,1...
  19. J

    Is cash no longer fully insured in an IB account ?

    Sorry Def, but you are wrong. The IB policy on moving cash has changed for now. Even with no futures position for multiple days my commodities cash has been stuck in my commodities account. I called IB customer service last week and after checking with his supervisor the IB CS rep said that...
  20. J

    Sell today or monday?

    You are not going to do anything on Monday as everything is closed for the Christmas Holiday.
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