If Oanda's execution platform doesn't work properly then why not use Oanda for analysis purposes and put the actual Forex (or futures) trades through another broker (such as IB). Similar situation with many TradeStation users using TradeStation for analysis purposes and putting their main...
Thank you for saying that the ICE/NYBOT market data fee will be removed. Are there any other market data fees that aren't actually charged to qualified accounts?
Now could you please talk to IB management and ask them when they are going to lower their rather high futures commissions to at...
I certainly am confused. What does "qualified to trade futures on the ICE" mean?
I trade ES, does that make me "qualified to trade futures on the ICE".
My understanding of IB market data subscriptions is that you have to pay the stated fee for each subscription. If there is some other...
DAX ETF on the AMEX, but very low volume.
Over the last 20 trading days, DAX futures have had average daily range of 2.3% versus 2.1% for ES, 2.5% for NQ and 2.6% for ER2. Not all that different.
There are at least 5 banks. Call IB and ask them which ones.
From IB Security FAQs:
"In order to reduce exposure to any single counterparty, these segregated customer-benefit accounts are spread across multiple large banks (at least five separate banks as of March 2008), federally-approved...
There is nothing wrong with the speed of IB's data. If data updates 3 to 10 times a second is not fast enough for you, then you need to pay to colocate a server next to the exchange.
If you require tick data rather than snapshot data, you will have to pay for a 3rd party data vendor.
Trend trading is a known way of making money in the markets. Very few people have the proper psychology and discipline to engage in trend trading day after day for years.
IB has had ICE/NYBOT trading of ER2 for months. IB underlying is RUT and and trading class is TF.
For data you have to subscribe to ICE quotes for 1 GBP per month.
Why don't you read SEC Rule 15c3-3?
In part:
e. Special reserve bank account for the exclusive benefit of customers.
1. Every broker or dealer shall maintain with a bank or banks at all times when deposits are required or hereinafter specified a "Special Reserve Bank Account for the...
It is his life, so he has to do what works best for him. As long as he is happy in N Dakota he is all set.
The climate in S Dakota is as bad as that in N Dakota, but at least in S Dakota they have no state income tax.
Futures are very risky for those people who underestimate the risk. Who needs a black swan? A white swan with some soot on it can wipe out a overleveraged futures account.
Look at the data at www.mypivots.com for various futures contracts. ES has had an average daily range of 26.63 points...