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What broker and what route did you use, if you can choose? MRO is a Circuit Breaker stock, but that should not affect selling long. Also, was the order pre-market?

I thought Top Step 100% backs each account with their money, so there are no "clients", only employees. They are Sponsors here so maybe they will jump in.

What is an LEI and which FCM do you use? Why trade the ICE EU one, does it have more OI and volume than the CME one?

FYI-These are the CME requirements attached. The rates will be effective after the close of business on Tuesday, March 10, 2020.

.sigma-email me your name and I will enter it. If you also email me a screenshot of the error, I will forward that. My email is below.

AVAILABLE WEBINARS: All free. How to Find Option Trades Using the Dark Pool Mar 11, 2020 4:30PM EST The Economics of the Coronavirus: Is It Different This Time? Mar 12, 2020 4:30PM EST What You Need to Know About the Pattern Day Trader (PDT) Rule Mar 18, 2020 4:30PM EST Financial Tips from...

All our webinars are free. When you go to the link you can sign up for all of them. Most of our webinars in the past have revolved around our software. We have added a number around economics and other topics.

lightninboy-I do not know either Stefanie or David. I do not choose or evaluate informational webinars. I'm only inviting members and readers to watch and get out anything valuable they can out of them.

Crude traded at $30!

I don't use stop orders. I have mental stops. They are triggered when I lose the most money I'm willing to lose on an idea or when the situation that was part of my expectations turned out to be wrong or I no longer have the same confidence in my trade. I'm not a day trader. I'm very good at...

That is more broker/clearing firm dependent than the size of the customer. When I was a broker dealer/market maker, I received most of the credit and my clearing firm only kept a portion of it.

Be very careful not to exceed 390 orders on average per day each month or you will lose priority customer status and pay higher option exchange fees. https://www.cboe.com/publish/RegCir/RG16-064.pdf

That would be nice but a future is not a security and nothing changes ownership when you buy or sell one. You post a bond to cover possible losses and at settlement either cash or a commodity then changes ownership.

The stock you sold short was borrowed from a long client. It was not yours to sell. Your clearing firm can repo the proceeds to earn money but you can't do anything with those funds.

If you were my client, I would explain to you that the proceeds of a short sale are held as collateral for stock that you sold that you don’t own. It’s not your money to do with as you please. It’s a shame that you don’t feel like you can call your broker and ask these questions.

Banned vs likely suspended for now might be more accurate. Why the panic? ES margin is typically just under 5% of notional. CME has been slow to increase margin with the SP moving over 2% per day. It sounds like a good idea to me. I wonder how those FCMs are doing that offer 500 margin for DT on ES?

By who?

You can't naked short a call in an equity retirement account.

This is really not the best way to get this type of information. You should consult the company or attorney that forms your fund. I can give you some names privately if you do not know any. My email and phone number are below.

Not to my knowledge as there is no cross margining. Why would you want to?