Search results

Well, option markets are more complex than equity market and both would suffer without Market Makers. Option markets would suffer without their depth and liquidity. They would not survive. What irks me about option and equity markets are the fragmentation that many exchanges cause while...

Cabin111- it is difficult to predict in advance where customer order flow will end up. From looking at daily volumes, I would try PHLX, CBOE or ISE. I'm not sure why your order was not sent for price discovery to one of the option exchanges, but your broker might use an option dark pool to save...

Hi Tango29. I'm an X-market maker. I was a small independent player on the AMEX. Very small vs the large MM groups. Size is not a problem as long as there is edge and it can be hedged with the underlying. It is just that simple. Deep in the money options with an hour to go, give me 3 to 5 cents...

A prop firm pays higher option exchange fees then customers. It will likely raise your net cost vs what we offer. My contact information is below. If you want to talk about rates and what we offer, send me a quick email and we can talk tomorrow.

Welcome to Elite Trader. We custody at Wedbush Securities, not IB. We do not offer a daily sweep to an interest bearing account. We offer the ability to buy T-bills (Margined at 90%) and Money Market funds like VUSXX Vanguard Treasury Money Market Fund (Margined at 99%). T-bill cost $50 to buy...

BaiLong- We offer option trading in both a cash and margin account and all our software offers spreads. You need to apply for a margin account and option level 3.

Iron Condor and Box spread. Both have 4 legs.

We can't offer futures to EU based accounts. We can do equities and options. For Lightspeed, securities under $3 or all OTC are not marginable and held at 100%.

Hi Trading poker, if you find that IB does not meet your needs, we might. This is Lightspeed Trader with L2 and I put in 5 levels. Not much to see at this time of day, but colors are easy.

I believe the rule requires the member clearing firm to file any early exercise, exception or Do not exercise on expiration by 5:30pm est to the OCC through electronic transmission. Because there is always a process in place at the clearing broker, the customer must submit that well before that...

The CFE uses the OCC to clear VX futures. https://www.theocc.com/clearance-and-settlement/clearing/futures-products. The OCC also clears all equity, index and cash settled index options traded in securities accounts that are traded in the USA. The CME and ICE clear their own traded products.

They are an Options on a future traded in a securities account just like SPX. I agree, a little odd, but the CBOE created these and wanted the revenues.

Silexx does not offer the Option Analytics of CBOE LiveVol Core or Pro yet. I was told they are looking to add that in the "near" future with a look into the CBOE COB. I'm not sure what their time table is.

The closing price of the stock on the primary exchange (Where it is listed) the day of expiration. The OCC handles it with the member firms.

I heard a rumor this week that after the full integration of TD Ameritrade into Charles Schwab, CS wants to stop offering PM. Has anyone with a TDA PM account heard anything like that?

When you have a IRA, IRA ROTH or IRA SEP it requires a custodian. If you wish to make investments outside securities, and want to avoid a taxable event, you need them. Online brokers are typically custodians but most FCMs are not. I use mine to open a futures account so a CTA can manage it and...

By the way, the initial margin on the ES is $11,000 today, so the initial margin on the Micro is $1100. That is all that is required by you.

https://www.cmegroup.com/education/courses/introduction-to-futures/margin-know-what-is-needed.html The Margin is a requirement to cover risk. Your FCM puts up 8% of that, in addition to your money, of their capital to also cover risk. You are not really buying anything so the term margin is not...

I have my Roth IRA at Wedbush Futures, through Lightspeed. Most IRA custodians focus on hedge fund investments, but Midland also does futures and understands how to get the accounts open. We have worked with Midland many times.

If your friend is not from Canada, as we are not registered there, we can offer futures accounts to IRAs if they use an IRA custodian like Midland Trust.