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"The 6,000 share order was immediately filled by another market participant at a price of $9.127 per share" OK. It's this market participant's stupid algorithm. Why it takes ALL 6000 shares? It is obviously their algorithm's error.

This is not manipulation, but obviously SEC thinks so. They are literally found the hole of other market makers/HFT, and make a profit on it. They are really market microstructure pros. If they can beat the algorithm, and the algorithm cannot detect the loop, it is the algorithms fail. Hmm...

What is " nonexchange venues"? Which broker are they use to access " nonexchange venues"?

Is shorting stock gains considered capital gains or income in the United States? It seems to me that it is considered as income in Canada, but how about United States?

What is the US company dividend withholding tax rate for Cayman Island? Is it 30%, and no way to recover as a tax credit?

Anyone familiar with this Cayman setup? https://www.caymanenterprisecity.com/cayman-commodities-derivatives

Which one is more willing to accept small business like this? PwC?

I am thinking to setup another one if income exceeds $500K. I think it should be easy for individual trader business. One thing to mention is the TOSI rule. If spouse needs to get dividends but does not work for 20 hours per week on the business, tax would be much higher, my accountant said.

I consulted a local accountant firm. They told me that a corporation will work. For short term trading, it is income instead of capital gains. For SBD, the tax rate is 13%. So I can leave the money in the corporation after paying the 13% corporation tax, instead of paying the highest bracket...

If I send two REL orders to buy a stock with 0.01 offset amount, will my two orders compete each other? My observation is that sometimes it does and sometimes it does not. If they compete, how fast will Interactive Brokers adjust the order? Or Interactive Brokers can smartly know that the two...

You probably is right. I am not expert as I am doing my own research here. I think the tax system is set up in such a way that you pay the same tax in corporation or in individual. If corporate rate is less than individual rate, I think the difference is the deferred. BTW, last year, my...

For tax purposes. Well, charging a tax rate at 50% on a million income is definitely the worst scenario. Reading the forums now and people suggests to set up corporations, and it seems that tax can be deferred in this way like RRSP.

Reading other useful posts here. Any one can suggest a good Canadian accountant in this area?

Hmm, I paid $1000 for my last years tax filing with a local accounting firm. My feeling is that they are not the expert in the area, unfortunately.

Read the CRA website and talk to your accountant for any confusion. I did a T1135 last year, and my current understanding is, you need to report T1135 if you have over $100K US stocks, even if in Canadian broker. This is a regular item for accountant, so they should be very familiar with it.

What is the best legal structure for a Canadian day trader with 1 million income a year? Any firms can help to evaluate the situation and set up the entities?

I found many useful websites on this list. Tradingview is really nice. http://site-guides.com/tag/financial-tools/

FXCM and GAIN are doing the same business. So why FXCM is dead on the Swiss Franc crisis while GAIN is survived?

I have a stock POOSF, which is on both TSN.TO and PINK. Recently, Questrade did a stock journal for me from one exchange to another since it is not tradable on TSN. My question is, is this kind of journal can be done easily at any brokers and between any markets? If it can be easily done, then...

What strategy and theory is used by KCG, Getco, etc for equity market making? They use GARCH? microstructure? Why other company cannot simply copy the strategy and drive the advantage to zero? Or a slightly variance of a theory is good enough to keep them alive? Or no matter how competitive is...