Night Traders Unite!

Quote from spersky:

What exchange can I trade the nikkei? I have a futures account. The nikkei futures on GLobex seem very illiquide

SGX or Osaka. I sometimes trade the mini on Osaka if I get home from my day job early enough. I mainly focus on Taiwan.
 
I may join you guys, but first a newbie question: lets say you're an American trading Nikkei futures - do you owe taxes to Japanese government?

Isn't foreign income taxable by the foreign government in the country the income was generated?
 
Quote from aeliodon:

I may join you guys, but first a newbie question: lets say you're an American trading Nikkei futures - do you owe taxes to Japanese government?

Isn't foreign income taxable by the foreign government in the country the income was generated?

I don't think so, I don't think trading gains are considered income in the traditional sense, but I'm no tax accountant.

US taxes you will owe.
 
Quote from kiwi_trader:

long case still barely holding fs

Too bad you're not long the Nikkei right now (maybe you are). That thing is screaming into the morning cash close.
 
Cool - I've been thinking of scalping European futures in the morning, American during the day, and Asian at night for a while. I don't want to trade any market all day long - just wait for the right setup for the highest % trades.

Just wasn't sure about the tax/regulatory issues. I'll definitely start pursuing this now.
 
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