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  1. J

    best futures broker

    This has been discussed here before. At IB cash used or derived from futures trading is not covered by any insurance. IB only insures the securities account and the cash used or derived from securities trading.
  2. J

    best futures broker

    And what is the point of this statement? There is no such broker. No US futures broker insures the funds in your futures account. You rely only on the capital and risk management practices of the clearing firm.
  3. J

    best futures broker

    A leasee pays $0.21 a side for clearing. Globex fees for the first average 150 sides a day is $0.25 a side. The Globex fees drop to $0.065 only after first average 150 sides a day. More drops in Globex fees after 1,500 and 15,000 average sides a day. IOM seats lease for $350 a month...
  4. J

    Sp500, Dow, Nasd

    Get the data and do the ATR calculations for each index for your time frame of interest. Depending on market conditions the Nasdaq 100 or the Russell 2000 will be the most volatile. Dow and S&P 500 the least volatile.
  5. J

    CME & IB keep raising Fees

    I can't believe that you have never heard of TradeStation. TradeStation charges for every data feed, even the ones IB gives for free. And what about all the futures brokers with platform fees (Advantage, Crossland and the like)? The data charge is built into the platform fee.
  6. J

    notice of IB CBOT fututure fee

    There is now a $1.50 charge for CBOE Futures Exchange (not CBOT Futures Exchange). Not worth it for me to look at VIX futures.
  7. J

    CME Good Friday closed

    1930's ??? The final Saturday trading day for the NYSE was Sept 27, 1952.
  8. J

    Locked Limit UP

    Before the close your position gets sold to the first person in line with a buy order. You make their day.
  9. J

    Computer Problem

    Is your CPU cooling fan and/or ventilation ports full of dust? Could be your computer is ready to die. Computers are cheap these days, buy a another one new or used. All traders should have at least one backup computer ready to go for those times when their primary computer won't work.
  10. J

    anyone knows some cheaspest option brokers

    You are not providing enough relevant information to assist the rest of us in determining exactly why your IB option commissions vary so much. What exchanges are the orders executed on? Adding or removing liquidity? Is price improvement (PIP) taking place? For example, at BOX PIP...
  11. J

    Where did index futures settle yesterday?

    I have always found it to be very interesting that people trade futures contracts without bothering to read the contract specifications. "Special Fair Value (FV) stock index settlement procedures are applied on a monthly basis. Specifically, domestic stock index futures and options contracts...
  12. J

    Someone stole unreleased bills from the Federal Reserve in Airport Heist

    A complete moron did this heist. The $100 bills are new and not to be put in circulation until 2013. It was a $96 million shipment and only $20,000 was stolen. "If you have any information about the theft, call the FBI at 215-418-4000."
  13. J

    20 day historical volatility

    For comparison purposes it makes more sense to just use the n day high/low range as a percent. (n day high - n day low)/(n day high + n day low) * 200
  14. J

    Major Discrepancy at Freestockchats.com

    And what other charts are you looking at? BigCharts also show COP at 52 to 60 in Feb and March. What type of "a stock researcher" doesn't even bother to read the news for the companies they are researching? If you would make the effort to read the news about ConocoPhillips over the last...
  15. J

    Washington State Corp Tax

    The problem with the Washington B&O tax is that it is a gross receipts tax. If you are running a business with losses or slim profits you still have to pay the full tax. A gross receipts tax only works for businesses with high profit margins. One opinion from Washington is: "So… You...
  16. J

    futures trading tax question

    Capital losses are deducted from ordinary income, not from taxes. You can deduct a maximum of $3000 of capital losses a year from ordinary income. For futures trading reporting Form 6781 and Schedule D are used.
  17. J

    Thinkorswim - Knight (is anything at risk?)

    This is the same boilerplate nonsense that every futures firm in trouble spouts. Is any broker/clearing firm going to come out and say that they are NOT "in compliance with all required capital rules and regulations" ? Penson kept saying the same thing right up until they sold their...
  18. J

    Interactive Brokers Charting Poll

    IB's charts are ugly to look at, slow and awkward to use. I've used QuoteTracker for years. The charts are easy on the eyes, fast to update and very easy to use. I am under the impression that QuoteTracker is the most widely used 3rd party charting package for IB customers. Make IB's...
  19. J

    Limit up on SPX-ES?

    Why do people who don't know the answers to simple factual questions waste everyone's time by posting the wrong answers ? Current overnight limit up/down on the ES is 65 points. All the stock index limit information is available at...
  20. J

    PFG freezes accounts, CEO attempts suicide

    No futures broker is guaranteed by the exchange. Where did you get this bad information from?
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