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Yes.

And the SGX contract is US Dollar denominated. A big edge.

Do guys like this register as trading advisors or do they put out the live calls under the guise of education?

To equate a falling stock price with a high risk of insolvency is absurd. I'm not suggesting that the share price does not collapse in an insolvent company but share prices retreat for lots of reasons most of which do not involve a firm going under. This is a difficult environment for firms to...

There really is not anything to explain. Every broken stock, every weak company has securities that reach clearing prices that constantly adjust. You think it is going down and you may be right but for all we know Gorge Soros is scalling in every half point down as he accumulates a billion...

I would be annoyed as well but my experience tells me that no matter who you complain to regarding what "they" will consider a petty issue it is simply a waste of effort. BTW ... I am not classifying it as petty. But they will.

Anyone want to comment on what I should buy?

Thanks for the instant response!!

I'll need to replace the Dell desktop I have now -- five years old running XP -- within the next few moths. I want a desktop, Windows 7, capacity to run four monitors even though I only use two now.. Nothing fancy. I trade only ES & NQ and rarely have more than a handful of charts open at...

I find myself largely in agreement with those that believe the entire "fix" will come to a very bad end and that anytime you screw with the natural order of markets to the extent we have it all turns to crap. That said, is there a route back to sanity or even quasi sanity that has a narrative...

As it should be in this zero rate environment. But in other environments it will be higher. I have no problem with my money (that they are drawing interest on) being kept in bills or other short term very highly rated paper. Or would you prefer the Penson approach of taking down racetrack...

The CME has proposed that they hold the funds but rebate interest back to the firms.

When you say you got transferred from MFG to PFG I assume you elected to go there. If, alternatively, the CME or some other entity simply moved your account without proper due diligence there might be an angle there.

WOW ... big pop on zero substance. Don't you just love it when they talk it up and then over the weeks reality sells it down. These guys have big problems and yet they stay delusional. None of these countries are getting more competitive. It is like they don't understand that there is a...

I love the idea of the clearinghouses holding the cash. And, if is aggregated that way, a consortium of the world's largest insurers could write a policy at a very modest rate at least for the CME where the risk is minimal -- too big to fail for sure.

It is my understanding that there is an advantage to depositing T Bills instead of cash even though you need some cash to meet the mark-to-market adjustments. Does this relate to that edge if it exists or is the edge just the interest income?

I'm not sure commission rates are so low as to impair the firms with a solid business model. Unlike securities you need to do pretty large volumes in the aggregate to qualify for meaningful commission breaks and that means that most traders doing three or five lots are paying close to the full...

It is a securities account and the SIPC protection (although not quite what you describe) is identical.

Actually the really rich in NYC frequently hire through one of a few agencies in Minnesota and South Dakota. They like clean cut, mid western, early twenties, no ink, no piercings and no bad habits. Drug tested etc. A girl I went out with had her own very small apartment in a Central Park...

No auditing firm can possibly pick up on a fraud that is committed within a few months of collapse. as in the MF case. BUT PFG was years ... maybe decades.