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I used the RediPlus pairs trader a few years ago. I liked it.

It was my understanding before me looking into it, that the last sale at 4pm, with up to a 90 second runoff, at the primary exchange (NYSE AMEX), was the close. When I called the OCC, they told me I was wrong. They told me they changed to the composite. I asked for him to confirm that with...

Yes they do. It's an excepted practice at all brokerage firms that handle SMA or RIAs. http://www.interactivebrokers.com/en/software/acctmgmt/accountmanagementusersguide/tradingaccess/post_trade_allocations.htm

Good document. I was looking for that.

The official close for any stock/ETF for proposes of automatic exercise, is always the composite closing price. It's often difficult the find that price until the OCC officially disseminates the data. Generally, the closing price on Yahoo finance is accurate. Bob

PRB.A: Each ADR represents 2 preferred Petrobras shares. PBR: Each ADR represents 2 ordinary Petrobras shares.

Most fund to funds, family offices and wealth investors don't run intence risk calculations. They look at average monthly returns. They compare that with your worst monthly draw down. They know what level of return they are looking for. They know if they're looking for a monthly 5% return, there...

I believe you can only use up to $3000 of past losses per year. If the "carry over loss" from the retail account was in 2011, you might get the benefit of more or all.

We can only offer equities and options at ML Pro. For futures we offer Penson Futures. Part of the issue with ML Pro is that they are set up to support other broker dealers with a JBO relationship or exchange market makers. They will take customer accounts, but only those that are well...

Try this: http://kukuklok.com/

First, understand that you can bid or offer at ANY price you want. If your a buyer on the bid, and a seller comes in, you can get an execution at that price. You don't have to take the offer unless you want an execution at the moment. The exception is the FX market. This is a interbank market...

You can not have a master/sub account set up with each account having it's own Tax id. What you can do is SMA. Each individual entity opens their own account. You get trading authorization on each of the 10 accounts. You trade on one platform with post trade allocation. We do this all the...

You're not giving us a lot to work with here. Where are you located? What asset class does the strategy trade? What do you need to run the strategy? How much capital is required to run the strategy at a minimum? Email me your contact information and I'll follow up. Bob

The reality is that high net worth investors, fund to funds and family offices that invest big dollars in portfolio managers with interesting ideas will only consider real returns. Sometimes they go a step further and want audited real returns for a longer time period than one year. Your best...

You're making the assumption that this is done by a person and thought goes into it. It's my understanding that GS, and many other large banks, run a global dispersion portfolio within an automated system. If the portfolio did a large number of trades on one side it would offset those trades...

The requirement at most Prime Brokers is still $5mm. To allow PM under $5mm, the broker needs to meet certain requirement that most larger firms don't want to take the time and effort to monitor, because by dollar amount,they are smaller accounts. PM accounts over $5mm are easier, less costly...

Other exchanges are the same. Most platforms use DMA through a member. Sponsored access is less common now with the new pre-trade checks.

You do know your only testing your connection to IB, not how long it takes for an order to go from your terminal to the exchange for execution?

oops.....my bad