Scary that people like this trade
If you have under SIPC/CIPF insured amounts then no.
Anyone here trade mainly based on news? Upgrades/Downgrades/Earnings/Other macro and stock specific news? I've been trading news for 9 years...
If it's not a hard to borrow name it's unlikely. If it's a name that at times doesn't even have shares to locate then it's possible but still...
Yes, my bad, I assumed we were talking about clearly CIPF insured firms
If with a Canadian broker everything is covered including futures. With an American broker, not so much.
I got a response from CIPF -- they did say that futures are indeed covered which is complete shock to me but a very pleasant surprise. Here is...
Thanks. I sent a series of emails to SIPC and CIPF (canadian version of SIPC) and I'll post the responses when they are received. Like I said I...
My futures broker is IB and I do choose to have my funds swept into a securities account but either way I conduct my futures trading in a separate...
I'm definitely not portfolio margin. So basically the only positions that would not be covered would be OPEN futures positions? As long as it's...
Thanks. But what if in my account I trade futures and equities and at the time of bankruptcy or whatever the case may be, I'm not holding any...
Iâm trying to get a better understanding of my coverage and Iâve done my best to read all the documentation myself but I still have some...
C'mon... really?
Separate names with a comma.