You could ask Don B about leverage on a licensed firm but I believe they only get 6.6:1 leverage. A non-licensed (read retail) is getting 4:1 unless getting portfolio trading margin. Either way, we are talking about 2 different animals in terms of trading. Hedge funds and PE get up to 30:1 loans...
No not that one. There was another one of a guy wearing one of those Gordon Gekko 2-tone shirts and suspenders going thru all the emotions of trading who eventually throws himself out his window, ala 1920's crash. Cut to outside, 2 paper boys are staring at him because the window was only on the...
The only DVP trades they clear thru your prime account are equities and equity options. They won't clear futures or fx trades done at other brokers.
Also the charge for prime services will increase your total cost of trading: IB charges a $1.00 per line item processing fees to all your way...
Why is it that whenever we have these things they always seem to meltdown in October? (yes, I know this time it has been melting down for a while, but it seems every day this month has been brutal)
Are you inferring that a few have already died (if so who? - might be a fire sale on some equipment, no?)) or is it a rhetorical question aboutthe inevitable collapsw of a few due the current market cycle we are in?
Where are all the brave souls who since 1989 have been buying this market in every downdraft with the all-too-familiar "It's a buying opportunity - now's the time to buy!" mantra? Has everyone thrown in the towel?
Wow. Talk about being blindsided! Waxman has him by the shorts, so to speak. Did you see the look on Fuld's face when Waxman started his barrage? Like a dear in the headlights.
IB institutional. Prop trading account with separate trading limits and ability to monitor in real time.
If you don't want to allocate funds to different sub accts, they also have a "many users, one account" setup which you could monitor as well.
Well it's already guaranteed to be a money losing plan. With the addition of AMT tax relief tacked on to this bill, it is already forecast to add about 100B to the deficit over 10 yrs. I wonder if this, since it is now part of this bill, would be sufficient cause to "recoup" this cost thru an...
They said earlier that due to house rules a Senate bill has to sit overnight (weds don't count so Thurs would be the overnight) so earliest vote would be Fri. daytime.
Reading the article, then, is this a transaction tax or a profit tax?
the measure would impose a securities tax equivalent to one quarter of one percent of profits