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  1. rmorse

    Where do you find FCM's financials?

    Many larger FCMs have trading desks to offer liquidity to their clients for swaps and OTC trades. They just have to follow NFA/CFTC rules.
  2. rmorse

    Futures Clearing firm pay interest?

    "free cash" is normally defined as the cash in your account not required to meet margin.
  3. rmorse

    Buying New Monitors

    For trading, I prefer monitors with 1920 x 1200. That extra space makes a big difference for me, and the type does not get too small.
  4. rmorse

    Options Orderflow

    -There are now 11 option exchanges -You will see trades after they occur -if they repeat, you have little information as to where they will trade next -Most of these order are crossed I'm not sure how these website expect you can profit from a past trade. You don't even know who initiated the...
  5. rmorse

    Options Orderflow

    Option order flow is important to market makers. Most equity option orders from retail firms are directly to either a MM group or option dark pool. The firm that controls the order, get paid for routing the order this way. A great deal of orders are execute by "upstairs" trading desks at the...
  6. rmorse

    Trading Foreign Stock Options from U.S.

    Interesting. I wonder why those 10 exchanges are not except?
  7. rmorse

    Trading Foreign Stock Options from U.S.

    I could be wrong, but I know of no restriction or requirement like you mention. http://www.sec.gov/investor/pubs/ininvest.htm Stocks Trading on Foreign Markets If you want to buy or sell stock in a company that only trades on a foreign stock market, your broker may be able to process your...
  8. rmorse

    Selling naked puts option strategy

    What I don't like about the strategy is the risk/return. You are selling a put at a very low cash value, requiring a lot of margin, for the expected return. I think the math is better in a portfolio margin account and with shorter dated options than a reg-t account. If I do a lot of research...
  9. rmorse

    Trading Foreign Stock Options from U.S.

    Are you looking to trade options on index futures overseas? Maybe it would help if you are specific. What will IB NOT let you trade?
  10. rmorse

    ISE cancel charges

    If you are concerned about cancel fees, does that mean your trading will be automated?
  11. rmorse

    ISE cancel charges

    many COBs don't have cancel fees. You should ask your broker and call the exchange to confirm.
  12. rmorse

    ISE cancel charges

    You will only send orders to the ISE?
  13. rmorse

    Trading Foreign Stock Options from U.S.

    To trade listed options on a foreign exchange, you need a clearing a broker that can custody these trades and executing broker that can execute them. There is no reason why you can't do this at firms that have these capabilities.
  14. rmorse

    Trading Foreign Stock Options from U.S.

    Where did you read that regulation?
  15. rmorse

    Legality of "Hedge Fund" Prop Trading

    It is possible to run an entity legally and take capital from traders, as long as they don't break SEC/FINRA regulations. I can't list everything here they are NOT allowed to do. However, it would be a red flag if they are pretending to be a broker dealer in anyway, including marking up any...
  16. rmorse

    Futures Clearing firm pay interest?

    In the USA: You're jumping back and forth from the term clearing firm to broker which is confusing me as to what your question is. Because fed funds are very low, very few FCMS or prime brokers will pay any money on unused cash. If you have a broker, like us, that is between the FCM/Prime...
  17. rmorse

    Futures Clearing firm pay interest?

    no...there is no regulation in the US that I know of that requires a FCM or prime broker to pay interest on cash balances.
  18. rmorse

    Your thoughts on placing market orders at open and close?

    My best guess, from your description, is that selling on the close did better because the market went up and you likely have a long strategy. You are getting the benefit of an extra up day in a bull market.
  19. rmorse

    Your thoughts on placing market orders at open and close?

    It hard to get a handle on the scale of these orders from your description. I would stick with the primary exchanges for these orders. If the stocks are not heavy traded, use limit orders. If you have a larger account and these are larger orders, you can find a clearing broker that will allow...
  20. rmorse

    5/19/15 ES spike 3:04 AM

    What country do you live in that you are trading at that time?
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