What's the definition of a "small business entity"?
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Using an LLC to protect oneself from a margin call?
- Thread starter kevinwork24
- Start date
What's the definition of a "small business entity"?
Please read the data subscription document carefully. If not defined there then it's up to you to decide where the limit goes. Some brokers will put all LLCs automatically into pro category no matter what the exchange rules are so avoid them.
Please read the data subscription document carefully. If not defined there then it's up to you to decide where the limit goes. Some brokers will put all LLCs automatically into pro category no matter what the exchange rules are so avoid them.
Every business has it's own costs so you can honestly ask from yourself are you really a professional if some silly $100/mo is a problem... so from this point of view I think the current CME rules are ok.
People love to hate on a good bull market.
You mean a fed induced bull market. Let's get it right the first time so we know exactly why it's a good bull market. Strip out the fed and their trillions and this would be one big bear market ......
First you said it was in the exchange rules, now it's in the subscription document. Is it really there at all, because I'm not seeing it?Please read the data subscription document carefully. If not defined there then it's up to you to decide where the limit goes. Some brokers will put all LLCs automatically into pro category no matter what the exchange rules are so avoid them.
First you said it was in the exchange rules, now it's in the subscription document. Is it really there at all, because I'm not seeing it?
Subscription documents are normally based on the exchange rules. Some brokers will create their own rules.
Don't you know how google works ?
for example:
https://www.cmegroup.com/market-data/distributor/files/non-professional-subscribers-faq.pdf
Condescending doesn't look great on you. No need to play 20 questions, if you know the answer to the question someone asks in direct response to your post why not just provide the answer like a helpful, kind person?Subscription documents are normally based on the exchange rules. Some brokers will create their own rules.
Don't you know how google works ?
for example:
https://www.cmegroup.com/market-data/distributor/files/non-professional-subscribers-faq.pdf
And back to the actual discussion, the answer looks like there is no definition, which is pretty unhelpful on the part of CME in this case.
Condescending doesn't look great on you. No need to play 20 questions, if you know the answer to the question someone asks in direct response to your post why not just provide the answer like a helpful, kind person?
And back to the actual discussion, the answer looks like there is no definition, which is pretty unhelpful on the part of CME in this case.
What on earth are you talking about ?!? I gave you the correct answer in my posts already. Then you came in with your bad attitude. You get what you give.
And my question was very relevant.
If I was condescending in any way, let alone the way you were, then I'd really appreciate you letting pointing out how?What on earth are you talking about ?!? I gave you the correct answer in my posts already. Then you came in with your bad attitude. You get what you give.
And my question was very relevant.
My question is what the definition of a "small business" is for these purposes. The question remains unanswered, although it appears that it's because the exchanges don't provide an answer. Which is exactly what I accurately said earlier, which you apparently think is "bad attitude" worthy of being condescending against? Again, if anything I said was inaccurate, love to know exactly what that was?