Don't know how accurate this is. About 46 exchanges here.
http://www.cftech.com/BrainBank/FINANCE/WorldStockExchange.html
Stock Exchanges of the World; Their Commission and Fee Structure
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Trader TAX petition
- Thread starter ericmoles
- Start date
Don't know how accurate this is. About 46 exchanges here.
http://www.cftech.com/BrainBank/FINANCE/WorldStockExchange.html
Stock Exchanges of the World; Their Commission and Fee Structure
Eric, thanks for posting. I have signed the petition. We are now at 39,000 signatures. It would be great if we could get to 40k or 50k. Please keep us posted.
Quote from ericmoles:
This may have been posted before, but it is important and will affect traders.
Congress meets tomorrow, March 2.
Follow this link if you'd like to sign the petition and have emails sent to your congressmen and senators. It is really easy.
http://www.rallycongress.com/no2tradertax/1536/
This link describes the proposed legislation
http://www.govtrack.us/congress/billtext.xpd?bill=h111-1068
The Hong Kong and Canadian Markets look good to me. And the hours are perfect!
Quote from FightTheFuture:
Don't know how accurate this is. About 46 exchanges here.
http://www.cftech.com/BrainBank/FINANCE/WorldStockExchange.html
Stock Exchanges of the World; Their Commission and Fee Structure
Quote from ggoyal:
does anyone know the date it will or will not pass?
There is no date set for a vote on this. It's still in committee and will most likely stay there and never come up for a vote. This bill was proposed in the last session of congress (110th) and never made it out of committee then. I don't see it happening this time either.
-Guru
defazio screwed himself bringing this bill out during the biggest bear in 75 years. if he waited till the mkt had recovered and was in a bull he would have had a better chance although i still say it won't pass
tradersboredom
Guest
it was the end when lehman, bear stearns, Goldman Sachs, and citigroup and BAC started to treat the market like a casino..making bets shorting and using mathematical formulas and automated trading programs with no no humans trading with other machines.
as for 401k accounts they wouldn't give shit if there was no volume. stocks are so thinly traded any market maker can move the price with less than a million dollars.
as for 401k accounts they wouldn't give shit if there was no volume. stocks are so thinly traded any market maker can move the price with less than a million dollars.
Quote from Mark2m:
This will kill all traders livelyhood, and retirement funds will become stagnant. The buy and hold group that have losses of 30-40% a year are now able to mitigate there losses with subpar performance. For a small trader like myself, profits and margins are slim, and it is easy to trade $100K + per day to make 2%-4%, although with quaranteed loss of 1/4 pt on each trade that negates any cost savings of my .005 cents per share.
It looks like we will be trading Toronto, Hong Kong, and London.
tradersboredom
Guest
don't even bother trading afterhours cause the market is rigged afterhours with robots by market makers that can see your hand and won't give any profit.
Quote from tradersboredom:
it was the end when lehman, bear stearns, Goldman Sachs, and citigroup and BAC started to treat the market like a casino..making bets shorting and using mathematical formulas and automated trading programs with no no humans trading with other machines.
as for 401k accounts they wouldn't give shit if there was no volume. stocks are so thinly traded any market maker can move the price with less than a million dollars.