"The SEC’s order finds that at least 60,000 advisory clients were overcharged approximately $18 million in unauthorized fees because Citigroup...
According to the article linked below, Fidelity and Schwab allowed the preferential, post-trade allocations to occur over a period of years....
The brokers should require pre-trade allocation. Allowing post-trade allocations from master accounts enables these schemes. 22. For example, on...
CFTC is planning to adopt a similar rule (Regulation AT) that will cover non-equities automated trading strategies:...
The rule was approved by the SEC last April, but did not generate significant press coverage:...
http://www.finra.org/sites/default/files/Regulatory-Notice-16-21.pdf "An associated person who is (i) primarily responsible for the design,...
http://www.reuters.com/article/us-goldman-sachs-aleynikov-idUSKBN1582L0
No extra buying power under Reg T for this strategy.
OK. Which symbols? And what type of margin account, portfolio margin or Reg T?
If he buys the bull symbol and shorts the bear version he would not be hedged.
IB no longer supports FX margin trading for retail customers in the US who do not qualify as Eligible Contract Participants....
The CEO discussed the reasons in a previous investor call. "some people believe that our proprietary trading interferes with the pristine nature...
Good policy. But what happens when a customer uses their broker's platform to submit a market order for a SSF? Does the broker add a limit...
It's interesting to note that the SEC's Equity Market Structure Advisory Committee (which includes the head of Citadel Execution Services as a...
Citadel and KCG are not being investigated for conducting HFT or MM operations. They are being investigated for using those operations to execute...
Interesting post. What do you think will happen to the current Broker-Dealers? Will they shed their "dealer" operations by choice or due to...
http://www.reuters.com/article/us-usa-stocks-probe-exclusive-idUSKCN0Y11CJ This investigation may affect Citadel and KCG's ability to execute...
According to the document linked below, it won't matter if your penny-increment option order is routed via SMART or not. IB states that penny...
Just to clarify--you are saying that if you open a position, but then the market pulls your NLV below the initial margin requirement that IB has...
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