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  1. J

    ES roll

    No they don't. The S&P settles in cash and has no notice day.
  2. J

    DSL Inferior to Cable?

    VDSL is Very High Bitrate DSL and is not the same as the regular ADSL (Asymmetric DSL). Consumer installation of VDSL by AT&T hasn't been going on for very long and AT&T might not have all the problems worked out yet. I have 1.5 mbps ADSL from Verizon and have a constant solid connection...
  3. J

    What are you ER2 fellows doing...

    It is now the end of August and the IB data fees page for "North America" still shows "InterContinental Exchange and New York Board of Trade United States GBP 1.00 ". Is this going to be removed from IB's list of data fees or not? Please have the IB website updated with the correct...
  4. J

    ES roll

    Must be the 10 Year Note hit the time frame before the first notice day. First notice day is usually the last business day of the prior month. IB specifies: "For futures contracts that are settled by actual physical delivery of the underlying commodity (physical delivery futures), customers...
  5. J

    Professional Traders

    Any current or former floor trader knows better than that. Owning or leasing a seat doesn't mean you have to use the floor. Plenty of CME/IMM/IOM/GEM members have a seat just to trade on Globex at the very low member fee rates.
  6. J

    fair price for commision

    OK, I'll take the bait. Who are all the retail brokers with all-in rate less than $3/1000 ?
  7. J

    Prop firm or work on the floor

    Take the job on the floor as the experience will serve you well in the future.
  8. J

    Ideal Number of (Uncorrelated) Positions

    You have to fully understand the current state of intermarket relationships. Sometimes the positions of short bonds and long equities are very highly correlated.
  9. J

    SPY vs. ES (AHG)

    If you go with one of the wonderful brokers that offer $300 daytrade margins for ES you can get 210 to 1 leverage. Don't blink after you enter a trade or you might have negative equity in your account.
  10. J

    SPY vs. ES (AHG)

    ES and other Globex data from 2002 to 2008 for free at http://www.slickcharts.com/cmedata.html Note that the web site has a slow upload speed. Do you really need years of data? www.opentick.com is another choice for free historical data.
  11. J

    Cheapest place to get Corporate bonds?

    IMHO is helps to learn net speak. Time to get educated before you get pwned. :)
  12. J

    Some brokers/CFMs allow futures daytrades on accounts without enough cash for margin?

    Exchanges set margins for overnight only. Exchanges have rules about very large intraday market moves that require that more cash be put up to support existing positions during the day, but I have no idea the last time this happened.
  13. J

    Cheapest place to get Corporate bonds?

    Schwab is also 1 dollar per bond, minimum $10 order, maximum $250 order. AFAIK Schwab has no inactive account fees. IB is 1 dollar per bond, min $1 order. They will charge you $10 a month data fee if you don't pay $30 in commissions.
  14. J

    IB disconnections

    On your C: drive look inside folder Jts for the file log.Tue.txt .
  15. J

    IB disconnections

    In that case you have to contact IB technical support and send them a copy of your log file. Certainly sounds like an internal IB data connection problem affecting at least one of their data servers.
  16. J

    IB disconnections

    I have no problems. I'm running TWS 882.2 on 2 different computers using 1.5 mbps Verizon DSL. This has been solid for me for months. My TWS log shows me connected to usfarm mktgw1.ibllc.com .
  17. J

    Are naked puts really this safe????

    I agree with you about the inverse relationship between the SPX and VIX (and VXO), as I can't give any counter examples. My concern was having someone believe that such a relationship existed across markets. I think that the gold options event I remember happened in March, 1985 and resulted...
  18. J

    Are naked puts really this safe????

    Yes, that is very typical behavior. The oddball event is when prices jump to the up side so fast from a very sedate market that implied volatility explodes enough to make put prices go up. I remember that gold move from the 1980's or 1990's as I had never before seen put prices go up in...
  19. J

    Are naked puts really this safe????

    Better be careful generalizing about markets going up and implied volatility. A number of years ago the metals markets were very quiet and one day the price of gold shot up, dragging silver and copper along with it. The implied volatilities of both puts and calls exploded and wiped out some...
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