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I have had customers connect to their news API.

When foreign customer fills out an application, they are required to fill out a W8BEN. https://www.irs.gov/forms-pubs/about-form-w-8-ben. I expect this is submitted to the IRS as the customer is subject to NRA withholding of Dividend payments.

I have posted this in the past. When I was a MM I used a news accumulator. It provided a filterable feed of multiple sources. The company was bought by Moody's. It is now called NewsEdge Alert. https://newsedge.com/alert/ Lightspeed Financial Services Group LLC. is not affiliated with this...

No Problem. I'm no longer interested is assisting you in learning the terms and possible P/L from different strategies you read online. You think that is learning trading. It's not. I've done my best to patriciate in most of the threads you started, I will not forward because it does not seem...

Most of my responses come from the experience I have from being in the business from 1981. I’ve done sales, trading, market making and floor executions as a broker. I also have some knowledge, but not great, of USA tax laws. You have not said where you reside, and I have no idea what the result...

Buying 1:selling 2 is generally a debit but can be a credit. If a debit, you increase your risk and investment and limit upside. If a credit, you limit upside even more with little protection on the downside. This type of strategy teaches bad habits that do not build wealth.

Everyday we open foreign accounts for those that are citizens of many counties. Instead of a W9, they fill out a W8BEN. The only withholding is what the IRS calls NRA-on Dividend Income only and varies based on treaties with the USA. The base rate is 30%. The customer is responsible for...

IMO, this is a terrible idea. We all need to learn to take losses and move on. The only way to minimize these losses to by tax harvesting. Pair off a gain with a loss.

Not a Box trade and BITI is an ETF listed on ARCA- Short Bitcoin Strategy ETF - https://www.proshares.com/our-etfs/leveraged-and-inverse/biti

Can you cite any of these? I have not been able to find any tax or withholding on a CASH transfer at a US Bank or US Broker from a parent to a child for a foreign person.

If you want to avoid these fees for BTC and ETH, you can short the future or micro future for these on the CME.

I'm not following all your short cuts for describing what option you bought. There are no Jan 17 calls in 2024 and the lowest strike is $0.50.

The stock is at the low of the day, how did you get a good price?

BITI is an inverse.

I expect it is the same for a Money Market Fund that only invests in government debit. We offer customers access to the Vanguard Treasury Money Market Fund VUSXX. I found this when I did a Generative AI search. "Interest from Treasury bills (T-bills) is exempt from state and local taxes, but...

To be clear, the purpose of my post was to show that we offer access, and yes other brokers too, to a wide variety of symbols that can be traded, both long and short in a securities account. The vast majority are marginable. Not everyone is comfortable buying and selling the cryptocurrencies and...

C'mon now....you did not provide a symbol before. :D Yes, This is wide below. Most markets three months out these days have less volume, less in the way of limit orders and no incentive for them to make better markets. the Jan 22 are better. You have to power to better their markets.

That is hard to answer without a symbol. If there is low volume and they are new and the shares are not very active, why narrow quotes?

First a note. Your profile says "Canada" and your regulators do not allow Canadian brokers to offer PM. And, we are not a Canadian broker. Now, the answer is no. It is a daily shock to protect the OCC guarantee to member firms as the OCC is the counter party to options. This TIMS calculation is...

I was putting together a list of ETFs this morning and as of this morning, what exchange they are on. I know this is not compete and some of the OTCBB might change. We offer access to these today.