of course nothing wrong with that, especially as paying sponsor...as long as that is indicated so even beginners get this subtle point...beginners were my intended audience.
which broker (not IB) for low span based margin requiremens
- Thread starter Hittfeld
- Start date
rmorse
Sponsor
The fcms I do business with are based in the USA. They take foreign accounts and if you want, you can maintain the account in your currency. You will have to file a w-8 BEN for foreign based accounts. After that I have no idea how taxes are treated. The risk will be set as I said earlier.
Well, he pays money to solicit customers and he has a legit business. Nothing like yourself.
I don't think being an ET sponsor buys you the right to be opaque about your intentions. I made my point. Your last sentence only reflects on your maturity level.
That only you can answer. I made it a principle to cut out middle men but if you feel inclined and see value in an introducing person to an introducing broker to a broker then by all means, go for it. ;-)
I can tell you that he CAN be a big help to you.
He has and continues to help me in many ways though I don't even come close to his target customer demographic. Same goes for my numerous tire kicker buddies (and there's a ton of us). If your doing Futures options, then you are already hamstringed. Get professional advice.
Frankly, I am surprised how much tutelage he gives clueless newbs on the options forum. Though he did that as a private poster, he has continued to do that as a paying sponsor.
I empathize with cutting out the middleman. For most of the futures industry, the IB is simply white labeling an FCM without adding much value.
But Victor Securities isn't a shoebox on West 8th Ave. They are a Prime Broker with considerable breadth and depth. I have gotten a peek at some really cutting edge in-house solutions. ie Multi-firm (not just multi-asset) risk management with accelerated Cuda processing, custom volatility feeds to feed instituional models etc etc
I asked him about asset management. He showed me the best fund that has smoked every managed futures/hedge fund program on that Aaltaris? Altria? *** website with 1/5 the drawdown. I discovered this myself when I researched it further. I would give him an allocation if I had 2 nickels to rub together.
I am not even sure why he wastes time with scrubs like us. I guess, once in a while, a big fish swims around these waters.
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Lol, you talk out of your ass buddy. You know why I can tell?
* Cuda Processing and Prime Broker? Volatility Feeds? Are you smoking crystal or something?
Get back to your 1 lot trading business, you could not be less qualified to talk about prime brokers. Ridiculous.
* Cuda Processing and Prime Broker? Volatility Feeds? Are you smoking crystal or something?
Get back to your 1 lot trading business, you could not be less qualified to talk about prime brokers. Ridiculous.