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Reading comprehension is just such a lost art these days. From your link "On August 11, 2005 provincial securities regulators for 10 Canadian provinces concluded a settlement agreement with optionsXpress, a Chicago based internet trading firm that permitted Canadians to open internet trading...

Again, you're describing a person's residency, not their physical location at the time they push a button. Canada certainly does not require that a customer be located in the province where they registered with their broker in order to place a trade, what section of code requires that again?

I have to agree that the student loan thing is a tempest in a teapot. Even if it went cents on the dollar. There's a reason the charts show % growth in various loan classes rather than $ growth. Probably single digit percent growth in real estate loans equals the entire amount of student loans...

I feel like the term "money laundering" is a bit misunderstood. Money laundering is the act of taking illegitimately earned money and making it appear to be the proceeds of a legitimate business. If I'm pushing the buttons on my trading platform from Topeka or Miami or Lima makes absolutely zero...

Do you have a screen shot of a dummy order entry showing that, I'm not seeing it?

They certainly do in my account. Try selling an ATM ES put and let us know what kind of margin it's giving you? If it's less than the full value of the contract should the S&P drop to zero, you're getting SPAN margin.

And many of the i-bankers I know my age have serious health issues for someone in their 40s related to heart/blood pressure. What good is money if you're miserable making it and die or are are in poor health before you can apply it to anything? In this case I'd say trying to emulate "the...

No, it more like swaps when you have inputs to your process you have to pay in one currency and proceeds from sales in another currency combined with currency controls which you can use to take advantage of the price distortions caused by the currency controls. It requires some real sales on...

Public service announcement - This is why we don't drink and post boys and girls!

Yeah, I am involved in that one vicariously through a dual citizen buddy of mine who is actually doing some real arbitrage to get money out of the country via crypto, interesting stuff. There's a significant counterparty risk there that's difficult to quantify for me though.

Arbing currency controls has been a back burner thought of mine for a while. Did it on a personal level in Greece back in 2015 which got me thinking about it. Interesting to hear from someone who's actually done it.

For sure information asymmetry can provide alpha. DE Shaw, among others, engage in this type of strategy a couple layers deeper than you describe. I'd argue that being a significant percentage of float for a product has as many disadvantages as advantages and isn't necessarily the same thing...

I'm pretty familiar with what GS does...and plenty of experience in thin market, thanks. Structured products are a very different thing than what you were describing earlier which was becoming a significant percentage of the daily trade size for a product ("But look at microcaps or OTC stocks...

You say this like someone who has never had to deal with the reality of this! When all your trades move the market it's a huge disadvantage. You have to resort to all sorts of efforts to ensure you don't move the market because by definition you move it up when you're trying to buy (not to your...

I have been waiting to buy a house on the Peninsula in the Bay Area since I first moved there in 1998. Which was clearly a bubble when it came to real estate. And despite being very familiar with the real estate market there and closely monitoring it now for 20 years! it's still "clearly a...

There is no way for them to know from the data they get, for example if I set my home computer up as a VPN router for my use they would be completely unable to know if I was at home or in Timbuktu. There is a general lookup table they try to compile of paid VPN IP addresses, it's pretty...

Keep in mind a VPN can be used to show that you're located pretty much wherever you choose, regardless of where you really are. Helpful for any location restricted service.

Not that Gore has done this (any more than inventing the internet), but if my house uses 5x more electricity than yours but I put solar plus storage in place so that it uses nothing from the grid, I have less impact on the grid than you do. Regardless of my actual electricity use. If you create...

I think you were garbled a little there?

If you go to IQ Options from a U.S. IP address you get this: Regardless, U.S. law only allows CFTC registered exchanges to offer binaries and you just listed all the active ones. While offshore companies may allow U.S. customers, or you can trick them into allowing you with a VPN, they're in...