Crisis of confidence in the futures market

Random.Capital · Dec 30, 2011

Quote from kcgoogler:

And lets hope they actually create a third party trust fund with insurance much like the insurance we currently have for equity accounts. That would be one good thing if it comes out of this situation.

Who would pay the insurance premiums? Adding up all the direct and indirect bailouts (Admin, Congress, Fed) results in a staggering number. I am quite dubious the typical ETer would be willing to pay what would be far more than "10c" per-trade fee to cover the full cost of insurance.

kcgoogler · Dec 31, 2011

Quote from Random.Capital:

Who would pay the insurance premiums? Adding up all the direct and indirect bailouts (Admin, Congress, Fed) results in a staggering number. I am quite dubious the typical ETer would be willing to pay what would be far more than "10c" per-trade fee to cover the full cost of insurance.

When you deposit money in your checking/savings account, you dont pay FDIC insurance. Neither do you pay SIPC insurance when you deposit money in a brokerage account. Why should futures accounts be any different? its the same George Washington

.

-gariki