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My mistake. I thought I read Southwest Securities. A different firm. Now they have merged. Not familiar with the merged company and their website is down. FINRA BROKER Check attached.

No Portfolio Margin, only Reg-T.

Seem very simple. Allocate toward the stocks that fit the strategy best and not the others.

The LLC is a business so it will be easier to write off some business expense. However, the IRS looks at a single member LLC as a disregarded entity. To the IRA it's the same as a sole proprietor business. All you income filters down to your SS#. The LLC will shelter your assets outside the LLC...

Trading is a business, not gambling. Manage risk today so you can stay in business for the good times tomorrow.

As I said on the expert on this. However I believe the corporate structure provides the highest tax rate. Will first have to pay a corporate tax and you also have to pay a personal tax when you pay yourself your salary

To me, it just looks like you are borrowing $145. You still have excess liquidity, which means to can borrow more if you choose.

It looks to me like Yes, you can if you can detailed records. It would be easier to use two accounts. One for trading and one for investments. If the nature of your trading activities does not qualify as a business, you are considered an investor and not a trader. It does not matter whether...

Basically the IRS looks and a single-member LLC as a sole proprietorship. You will have to consult an accountant, but I believe it's easier to expense items with an entity rather than a personal account .

Anytime...

A LLC is not a natural person. It is a business entity. SECTION 2: NONPROFESSIONAL SUBSCRIBER 9. NONPROFESSIONAL SUBSCRIBER DEFINITION - "Nonprofessional Subscriber" means any natural person whom Vendor has determined to qualify as a "Nonprofessional Subscriber" and who is not: (a) registered...

I can't get to the rules on professional market data from my cell phone. I can try and post it later. The exchanges consider all accounts not in a persons name, professional, including all LLCs , LPs and trust accounts.

No, an entity pays professional brokerage fees for market data. Shoot me an email with your contact information and phone number if you want to ask more questions. Happy to help. Bob

Ryan, As others have said, your LLC must open a brokerage account under that name and EIN#. In addition, you will likely need a business checking account in the same name to move funds back and forth becasue of AML rules. Bob

Since I was an Option MM, I can tell you that there are many risks in disseminating quotes. It is a for profit business with a lot of risk. Why would anyone eliminate spreads and why is that fraud? You are free to narrow any spread with your orders at anytime.

Market makers use their capital to provide depth and liquidity. The more public order flow, the more paper on the book, the more MM that want to play, the narrower the spreads. High priced underlying for each percentage move, have a higher risk of getting picked off from delayed quotes or old...

Have you considered futures?

If they need low latency, they connect directly to the CME iLink and get MD directly from the exchange at the CME Group data center located in Aurora, IL.

Got it. Thx

Do you find that access to this exchange and the extra cost is worth placing your order on an ECN with little volume?