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I just checked and as of now it's $.90 buy / $.89 sell on "Which party will control the House after 2020 election?" For Republicans. Which means if I put in $100 I would make $10 on the bet, give up $1.50 to their commission, and give up $5.00 to the withdraw fee assuming I just put money in for...

Let us know when they actually fix it!

Their model is to provide very low commissions. They do that by automating as much as they can, then hiring the bare minimum number of "customer service" reps, most of whom don't possess even the bare minimum of knowledge required to do their job. You get what you pay for, expecting them to...

Predictit also has a bunch of crazy markets, like "Which party will control the House after 2020 election?" at 91 cents for Republicans. Seriously, there is literally no universe where both Republicans overturn the results of 35 house seat elections AND a company like Predictit is still around...

Just get an account with transferwise or other similar service that is made for what you're trying to do. Your complaint is somewhat absurd, it's not a brokers job to be your bank bill pay service. It's like complaining that your barber shop doesn't sell groceries..

Sure, using the term "risk" is inexact anyway in a MPT context. It's a not insignificantly higher risk, let's just say that.

Then you're talking about a retail product then which isn't comparable to IB's notes, which I'll note require one to be an accredited investor. That makes it an apples to oranges comparison. As I pointed out, when you compare the rate IB is paying to the rate other comparable financial firms...

If a REIT has a beta of 1 or greater it's entirely correlated with the market. If it has a beta of 0 it's entirely uncorrelated with the market. If it has a negative beta it's negatively correlated with the market in the same manner. If you want a qualitative answer for your question, which...

Don't know much about C's offering but Marcus/GS is pretty clearly a teaser rate trying to get customers in for their new consumer banking product. Not for nothing you're limited to $1M in deposits at that rate, you don't limit the ability for people to use your product if it's market...

USB, C, BK, PNC, and JPM are all currently around .15/.25 for equivalent tenor notes. The shortest term GS note I could find was 180 days out and it was at .27/.36. Given the yield curve that makes it commiserate with the other six companies for a 60 day note. I'm guessing that IB has to pay...

In all seriousness and with the best of intentions, I'm not sure if anyone has pointed this out to you but you appear to be on the Asperger's spectrum a bit. Nothing wrong with that, you're a unique person and there are strengths you get from that. But your life will be far more enjoyable and...

Didn't realize this was a competition, my bad. Don't worry, your type will never have to worry about hiring or getting hired anywhere in the financial field, so by all means, focus your attention on "defeating" anonymous people in online forums in idiotic "battles" that exist only in your own...

Sure thing. If it makes you happy I'll be happy to agree to whatever inane statement you wish to avoid getting into a pointless epistemological nihilist argument about the definition of "professional" with someone who doesn't understand why real companies in the trading space would use...

It's not a coat benefit if they are paying .5% interest while most other investment grade companies are able to sell notes for .2-.3%!

You work for GS as a trader you're a professional, that's pretty clear. If you run a trading firm and need to hire traders, you often use a headhunter. If you're working on your own trading it's certainly up to your definition, and you clearly have no use for headhunters on either side of the...

Absolutely, just important to go in eyes wide open that on what you're investing in. There are hundreds of companies that issue short term paper, and plenty of ETFs who invest in a bunch of them to diversify your risk. If I was an IB customer it wouldn't make any sense to concentrate my risk in...

What benefit does a broker gain from doing it and what does it cost them in terms of time, effort, and liability. If you've got a big enough chunk of OTC certificates and are chipping in a significant amount of revenue to the broker then most could probably find it in their heart to make that...

There's this concept of a professional trader.....

There's this concept called Beta, highly recommend a google on it rather than trying to reinvent the wheel.

It's effectively a european call option, they have quoted options out to 2023 you can use to get an implied volatility and plug that into BS or your favorite model along with the risk free rate and your guess of dividends and a number will pop out. It's not clear from what you wrote how the...