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  1. J

    How to use FXE to hedge EUR.USD currency risk

    thanks @H2O I'm the OP. I trying to figure out what instruments could be bought that track EURUSD without increasing USD currency risk even more, without having to convert more EUR to USD. For example, looks like to me that (please, anybody correct me if I'm wrong): 1. FXE etf, is not suitable...
  2. J

    How to use FXE to hedge EUR.USD currency risk

    Sorry, but I'm not sure if I'm following you. I have a margin account with IB. My base currency is EUR. I have cash in EUR in my portfolio. When I buy some stocks in USD, a negative cash balance is created in USD. I supose that's the automatic FX swap, correct? I then have to pay 2.66% interest...
  3. J

    How to use FXE to hedge EUR.USD currency risk

    Thanks @betcashrun Using futures is another option that I am thinking about too. But I didn't fully understand you. Is it possible to buy a 0.1872 fraction of a future contract? There is the micro contract 12500 EUR, but still having to hedge in multiples of 12500 is not convenient. I did not...
  4. J

    How to use FXE to hedge EUR.USD currency risk

    Thank you guys quan1 and Sig, for your answers. Some questions that arise: Before buying the 1 share of SPY for 100$. I will convert 90.90€ to 100$. Should I not hedge these 100$? Should I not hedge 100$/10$ (1 FXE share = 10$) = 10 FXE shares? I don't understand why you divide the 90.90 euro...
  5. J

    How to use FXE to hedge EUR.USD currency risk

    Hi everyone! I'm investigating how I could hedge the EUR.USD exchange risk using the FXE etf. Example: I'm european and I live in a EUR based country. I open a trading account funded with 25000 EUR. I want to trade US stocks, so I convert, let' say, 20000 EUR to 23306 USD. Rate 1EUR = 1.17...
  6. J

    Non-display fees

  7. J

    Enormous charges for data coming?

    "I am writing anonymously because I am afraid of retaliation from the employees and management of NYSE..." https://www.sec.gov/comments/sr-ctacq-2017-02/ctacq201702-150288.htm
  8. J

    Non-display fees

    "I am writing anonymously because I am afraid of retaliation from the employees and management of NYSE..." https://www.sec.gov/comments/sr-ctacq-2017-02/ctacq201702-150288.htm
  9. J

    Enormous charges for data coming?

    Yes, the API is charged annually. It's just that in the portal is displayed in a monthly rate so you can compare it with the rest of the services, I guess.
  10. J

    Enormous charges for data coming?

    Yes, they still do. Just checked now the prices in my account management portal. DTN IQFeed Core Service $78 + Retail API $27 + NYSE $6 + NYSE MKT $6 + ...
  11. J

    Enormous charges for data coming?

    I don't know. I remember when I was interested in Lightspeed being asked to pay 6000$ so I turned to DTN IQFeed because they still charge the regular fees. It was a very bizarre situation, and there wasn't much information about it. I started to wonder if this bussiness was really over for good...
  12. J

    Enormous charges for data coming?

    Robert has helped ET to understand this issue since the first posts about this in October, maybe even before: https://www.elitetrader.com/et/threads/non-display-fees.303379/ https://www.elitetrader.com/et/threads/non-display-fees.301156/ It's true that his firm hasn't filed any complaint and...
  13. J

    Non-display fees

    I had that feeling too after reading the whole document. Although it also clearly states that market data should be distributed in cost-based approach.
  14. J

    Non-display fees

    Eric Scott Hunsader from Nanex has talked about the non-display fees issue. Bloomberg has sent a comment to stop these insane fees: https://www.sec.gov/comments/sr-ctacq-2017-02/ctacq201702-1710668-150186.pdf SINFA https://www.sec.gov/comments/sr-ctacq-2017-02/ctacq201702-1710463-150167.pdf...
  15. J

    Non-display fees

    The info we have is this Non-display fees
  16. J

    Non-display fees

    I hope that is a sign of good will. I see that notice dates from 30th Sep. Is it posted online? How can we be notified without being a subscriber? And just especulating, do you think we can expect the same move from NYSE? Is this non-display fee originating from the same brains/people across...
  17. J

    Non-display fees

    Sorry, who is We? Why is it slow? Inputing keystrokes and moving the mouse?? What is computationally expensive here? I think the screen scraping would be the most expensive operation, but not the inputs. Besides, it still would be faster than most humans. Also the rest of API algorithms will...
  18. J

    Non-display fees

    I investigated something called Sikuli, but I doubt the screen reading is fast enough and precise. But I like the direction of this idea. It would be like automating my hand. It would not use their APIs at all. Imagine you put a camera in front of your display that reads all the info in real...
  19. J

    Non-display fees

    1. I think myself, I'm just going to keep IQFeed. I use it to develop trading algorithms and backtest them. If I am asked a non-display fee then I would just use historical data. Once I had a solid trading algorithm the only plan that occurs to me is to port the algorithm into Tradestation or...
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