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The only reason I may think of is if they are giving him direct market access so that the system sends orders to the exchange bypassing any controls. In this case it may not the actual words of regulatory requirements but the firm must make reasonably sure the system doen't do something crasy...

It's not money "abstractly" spent. It is money from taxes spent on purchasing goods and/or services that are sold to the government at a (substantial) profit.

That's expensive enough to hurt the bottom line.

That's good piece of advice. Media reports a small number of (exceptionally) well-off US entrepreneurs denounce US citizenship in order to get tax advantages for their overseas businesses. Consider that divorse in the US can be costly and an unemployed spouse of a high-earner may receive most of...

Regarding the speed of execution issue. I believe IB has a US, European and Asian data centers. So, if you, say, trade American futures from Europe you can request direct connectivity to the American data center... and this will be faster. If you are associated with a European data center...

Status quo: Your in the army now? I don't think there is an "official" video yet....

Microsoft Excel (connected to data) can do it. It's not exactly free but it's way more flexible for simple calculations like yours than ANY broker or charting platform. Again, what is gonna cost is market data but a number of brokers give this for free as long as you keep trading with them.

No offence but 0% losing trades is impossible however strong the edge is... unless a trader extends stop-loss forever in vain hope of winning every time, which is madness. To the OP... people reply to threads they find relevant. Most posters on both Wilmott and Nuclearphynance specialise in...

Just my 2 pennies... About 2 years ago I had a currency position with IB wich ran through overnight shutdown. When IB currency trading opended there was a "rogue" quote (that came first when currency trading re-opened) 50 pips below the previous and next quote. My position got a stop-loss...

The price mark is not unheard of for property inside a computer game. However, in Second Life, an older sibling of Etropia, people "lease" empty real estate from the game for next to nothing and sell developed estates at an appropriate premium.

Just a few recent news stories for EliteTrader readers: Singapore's blood money: Hanging drug couriers but investing with their suppliers Filipino gambling lords launder money in Singapore IRS Money Laundering Investigation Comes to Singapore Indonesia chafes at graft 'safe haven' in...

You are again misenterpreting what I say. I said in Singapore banks or authorities don't scrutinise where "foreign investments" comes from. Netherlands was just a broad analogy. If you have verifiable figures to show that Singaporean economy florishes because of exceptional productivity and...

Taxman's statistics says they earn £50k to £80k per year.

Thanks to everyone who replied to this thread or voted in the poll!

Apparently, owning a home is a major contributor to the credit rating. Buying a home with 10% downpayment and a mortgage boosts credit rating to levels unachivable to someone who rents but has has the full home price in cash in a bank account.

I was talking of filtering the trade (and bid/ask) ticks that don't correspond to any actual trades. Some of these appear as consequence of an attempt to provide most current data as fast as possible (aiming HFT algorithms). So, a trade proce may be sent down the data stream before the trade...

Most charting software licenses are way cheaper... CQG comes to mind as "expensive" charting... but then it's expensive in part exactly because it comes with data. Naturally, if you are prepared to buy data and charting platform separately (from the broker account and each other), the...

If you do backtesting, the important thing is you get historical data from the same source as live data so that you fine-tune tick filters (assuming data requires any) on the historical data and not while trading live.

The valuable part is years of historical data.

Currently, IB don't "officially" support autotrading. They always assume the trader should be in front of the trading screen whenever an order is sent. Giving a backtesting platform without automatic execution would be a half-step in the wrong direction.