Search results

  1. Robert Morse

    whats involved

    "I only trade futures."
  2. Robert Morse

    Sterling Vol Trader... anyone use it?

    Send me an email with your contract information and I can call you later to discuss. Yes, we offer LVX at IB right now and at Wedbush later this year. LST is not for IB clients. Only Wedbush.
  3. Robert Morse

    whats involved

    This is too general. I have $4mm individual accounts and $100K LLCs. You need to do what is best for you. Good luck, Bob
  4. Robert Morse

    whats involved

    watchdaride, I'm not allowed to provide tax advice. That said, ALL futures are 1256 contracts and are MTM. I believe that the trader status your are referring to is for equities and options. https://www.irs.gov/taxtopics/tc429.html I think you would benefit from consulting with...
  5. Robert Morse

    whats involved

    Why do you want to use the LLC? You should consult a tax specialist first, then if you still want an LLC, try this: https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online https://www.blumberg.com/corporate_services/nationwide.html...
  6. Robert Morse

    Looking for an IB for Wedbush / well capitalized firm for trading futures

    If you open an account with Lightspeed Trading, your account will be serviced by Lightspeed, me, Wedbush futures and the software you choose. Bob
  7. Robert Morse

    Looking for an IB for Wedbush / well capitalized firm for trading futures

    I agree. And we can offer an extra level of service and support.
  8. Robert Morse

    Looking for an IB for Wedbush / well capitalized firm for trading futures

    1) Wedbush Futures offer SPAN margin with CME offsets 2) We offer TT/CQG/CTS T4 We also offer Real Tick, but not for options. That software has our lowest per future cost. Bob
  9. Robert Morse

    Looking for an IB for Wedbush / well capitalized firm for trading futures

    Hi Dextor, My name is Robert Morse and I’m with Lightspeed Institutional. We are Introducing Brokers to Wedbush Securities and provide a variety of solutions for small and medium-sized Hedge Funds, CTAs, CPOs, Trading Groups and Active Traders. Responses to you 6 questions. 1) Yes, we are...
  10. Robert Morse

    Looking for an IB for Wedbush / well capitalized firm for trading futures

    Playing with my Granddaughter! Will respond tonight. :D Bob
  11. Robert Morse

    Best Futures/Broker Platform for ...

    http://www3.rithmic.com/?page_id=9 Additionally, R | API+™ provides access to R | Trade Execution Platform’s™ symbol lookups and server side features: trailing stops, brackets and OCOs, custom time, tick, volume and price range bars.
  12. Robert Morse

    Best Futures/Broker Platform for ...

    I honestly don't know how they define "server side execution". If I transact on the CME, my execution in on their order book and nowhere else. A server side conditional order or pairs/spread trader means they have a server set up between the CME and your desktop/hosted software that directs the...
  13. Robert Morse

    calender options

    IMO, you are looking at it backwards. You need to have an expectation of what the stock will or won't do over a time period. Then determine what spread works best to profit from that assumption with the given option prices. After that, a balance of risk/reward and margin useage would be...
  14. Robert Morse

    calender options

    If the front month call is OTM at expiration.
  15. Robert Morse

    Best Futures/Broker Platform for ...

    Rithmic connects directly to an API or iLink Session from the FCM. Not sure where it would reside expect your PC or the exchange, Again, it is best to ask them. To find out about CQG, I had to ask them.
  16. Robert Morse

    Best Futures/Broker Platform for ...

    Have you asked Rithmic? These question are best confirmed with the platfrom.
  17. Robert Morse

    Two spreads with a common strike

    Simple example. I buy the 45/47 call spread. Then I buy the 47/49 call spread I closed the 47 calls and now have a 45/49 calls spread. Your margin and risk will be based on what is left.
  18. Robert Morse

    Two spreads with a common strike

    I think I understand your question. After you open the position, you are the only one that cares that the spreads were put on that way. After, they are independent positions that have margin offsets. You sold to open, then bought to close the 2480s.
  19. Robert Morse

    Two spreads with a common strike

    What is your question?
Back
Top