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  1. S

    Is this securities lending a real risk for every trader?

    Google and 90 seconds work will be your friend here!
  2. S

    Is this securities lending a real risk for every trader?

    While I could quibble with a number of things in the article and reach different conclusions than the poster does he has done us all a service and posted an article EVERY TRADER MUST READ! http://www.elitetrader.com/vb/showthread.php?threadid=232268 When all is said and done you do have...
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    need options help

    Captain, If you are trading the Asian session that is just the way it is. From the 8:20 AM CME open till the 11:30 London/Europe EST close is your best liquidity. That overlap between Europe and the US is the liquidity key.
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    The Latvian Gambit

    You're kidding, right? This country is falling apart at a rate that is stunning. Turn? It takes some level of leadership to turn it around and these clowns can't run an elevator never mind a sophisticated industrial country. Both sides of the aisle are insane!
  5. S

    MF Global On A Massive Scale?

    UK futures & FX customers fared badly in the Lehman collapse. US customers lost zero but UK clients -- mostly hedge funds -- bit the bullet for a billion plus.
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    MF Global On A Massive Scale?

    Why wouldn't you be an unsecured creditor of the bank? Are FX accounts at the bank a deposit account and FDIC insured?
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    raising funds

    Ultimately raising small $$ is more of a pain than it is worth. These numbers show why.
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    raising funds

    I'm really not saying that or even anything even remotely similar. What I am saying is that there are a great many intangibles that go into a wise investment decision. The biggest of those bring the person who needs to make the proposition work. Those that have known you all your life are...
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    MF Global On A Massive Scale?

    apex ... the details depend on each specific exchange. You need to research those exchanges you trade on.
  10. S

    MF Global On A Massive Scale?

    Insurance is clearly the way to go ... I don't disagree. I like the SIPC model and it would be fairly easy to implement. The reason FX "is even more of a problem" is historically FX brokers were not required to segregate so you had (have?) straight up counter party risk and no preference in...
  11. S

    MF Global On A Massive Scale?

    I only trade on domestic US exchanges but I wish you well in your research.
  12. S

    raising funds

    If you really believe in your system you need to leverage the trust that friends and family already have in you. The other posters are correct when they say no one with sophistication will back you. Take another six months at least and see if you can continue to produce those returns with...
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    MF Global On A Massive Scale?

    Clearly segregation of client funds has been shown to present significant risk in futures. Yet there is another level of risk that is not commonly understood. US segregation rules apply only when you are trading on US Exchanges. Once you use exchanges located in other jurisdictions you fall...
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    What is your avg latency to your broker?

    I do intraday swing trades in ES and VERY little scalping. The speed seems quite adequate to me but I have no real feel for what is good or unacceptable for my type of trading. I would like to know how this stakes up and if I should seek a better connection if I intend to scalp more regularly...
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    need options help

    No.
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    Is there a broker that can???

    I understand IB allocates at execution but other firms seem to have to allocate post execution. If you allocate "post trade" what's to stop the account manager from giving a bit (or more than a bit) more profit to account A and a bit more loss to B?
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    futures secured account and bankrupt risk

    While those numbers are too small to warrant top tier attention they certainly are soliciting accounts of that size. The numbers are large enough that you can speak with any of the top players -- Newedge is clearly one of them -- and be treated cordially.
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    Trading in US. All big moves happen overnight

    I trade ES intraday and, except for very occasional options trades in oil and the euro, only ES. For a long time I felt that the big overnight gaps meant I was missing opportunities. Over time I came to realize that frequently those gaps create lucrative opening hour opportunities -- RTH works...
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    FCM/Harris Bank

    Harris is a fine bank. Credit Ratings** BMO HARRIS BANK N.A. Moody’s S&P Fitch DBRS Rating Outlook Stable Stable Stable Stable Senior Debt A1 A+ AA- AA (low) BANK OF MONTREAL Moody’s S&P Fitch DBRS Rating Outlook Stable Stable Stable Stable Senior...
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    futures secured account and bankrupt risk

    Newedge is owned by Societe General and Credit Agricole. They are not becoming the biggest player in the arena -- by some metrics they are and have been the biggest player around. Typically firms in this league -- two notches up from IB -- are impossible to open up with unless your account...
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