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Maybe is you posted the name of a U.S. stock or futures broker that allows that we could have an apples to apples comparison?

It's actually in most cases the other way around, which the article did address but not well. My business interruption insurance clearly excludes pandemics, and the article implies this is the case for most of these policies. Despite that, businesses are trying to get reimbursed for something...

Right...and why can't you withdraw to a non-bank institution? Because of AML laws.

Back a few thousand years ago in the time of Adam and Eve they decided to invent a currency. Since there were only the two of them, they decided only $100000 needed to be created, and since they weren't schooled on that whole increasing population thing it seemed to make sense, $50K for each of...

Or to something that isn't a bank account....like PayPal.

This is an interesting case study in general ignorance on statistics. The second half of the headline states "and almost all of those hospitalized had underlying health conditions" This of course makes you think that the results of the study showed you were much more likely to die if you got...

Actually alternative energy stocks, as in non-fossil fuel energy stocks, that hold generation assets are doing relatively well, BEP for example. While installation of renewables is impacted by COVID, generation really isn't.

Curious as to the source of that information, the salaries, graduating schools, and the fact that they're "quants"? I'm not an MIT grad but do employ some and do know a lot of folks from a somewhat better tech school:) An average salary of $200K with that background in that field actually...

If it's NAV goes below zero they can't exactly keep it open no matter how much they want to especially given it's corporate structure.

I just bought the weeklies for this week and next at $.02 to $.06. I figure it's either going to go under in the near term or not at all, so a very cheap long shot but the expected value on it seemed pretty good at the time given my read of the probabilities, even though the chance of it panning...

It does have options, which I know because I bought a bunch of $.50 strike puts on it yesterday after agreeing on your theory. So you can avoid the unborrowable issue with puts although you obviously still pay the 18% in broken put/call parity.

Great point. GS, for example, pays top dollar for top talent. Even Schwab pays well and gets pretty good talent as a result. It's clear that IB made a conscious decision to be low price by being low cost and they thought they could do that by offloading everything that required intelligence onto...

Yeah, typical IB. I love all the fanboys always crowing about how much they love IB's buggy autoliquidation routine because it keeps their money safe, ignoring the fact that buggy autoliquidation routines indicate sloppy programming and incompetent employees. Hopefully this will shut them up for...

It's in the prospectus. Why don't you give it a read and fill us all in?

I got bitten by DWTIF on that a couple weeks ago. I was dead right about the direction of oil but the ETN effectively went away because it traded below zero first!

The point is that those were good choices because of the strength of the underlying company. The fact they paid a dividend was really irrelevant, paying a dividend doesn't make you a strong company and vice versa. You're just using the dividend as a proxy for the strength of the underlying...

I never get the "dividends are safe" mentality. First, they're not fixed in any way, they can and have been going down or being eliminated. Second, that doesn't really matter because net/net they have zero impact on you financially....the stock pays a $1 dividend the stock price drops by $1 on...

I don't get what these guys are trying to accomplish. We all know over 100,000 people have died in Europe alone, so he's obviously not going to convince anyone to come over to his point of view by trotting out numbers he and we all know don't represent current reality. Curious what drives their...

A 3 minute Google search reveals they first reported on this March 29th in an article quoting the March 27th Bloomberg article that appears to be the first US news source to print a story on it. But great job providing us an example of the level of rigor that defines Zero Hedge and it's readers!

No, I wasn't actually nitpicking at all. State owned enterprises are almost universally subject to restrictions on how they deliver their services that makes it difficult or impossible for them to be profitable that private sector companies aren't subjected to. The USPS is a perfect example of...