I just entered 20 buy orders on my screen and they went through just fine. Must be a setting you can change.
Or maybe because MF knew it could never get funds out of canadian custodial accounts because of firmer regulations. Bottom line, financial laws...
Another article about how re-hypo caused MF failure. Interesting to note that canadian customers of MF have already gotten all their money...
Another article about how rehypothecation caused the MF global failure. It notes that MF global canada customers got ALL their money back...
I am thankful that you and IB-AN have made in depth replies to the issues at hand and they have alleviated some of my concerns. But you and...
Who knows. If all the money was there as of Thursday, but suddenly gone Friday, you'd think it would be a simple matter of retracing whatever...
Here is a key question. Lets say that a broker does re-hypo 140% of the assets and then for some reason the broker immediately declares...
If my hypothesis above is true, it has very disturbing implications for the securities industry. It means that the missing customer funds at MF...
I found some very interesting data today. In this FT times article, the head of the CME states that auditors visited MF Global on Thursday,...
Trading is a profession where buying and reading the wrong book will likely cost someone alot of money so I would argue that the vast majority of...
Here is a nice tidbit from a businessweek article today. "Asked whether the CFTC thought other futures merchants like MF Global could also...
Some of us full time traders have balances that far exceed SIPC limits. Furthermore, the SIPC has operated in a manner that gives me no...
Thanks for replying Def. The margin lending you described appears to be standard hypothecation, which I am totally ok with. But it is...
SIPC is NOT federal insurance. In any case it only covers 100k in cash and many full time traders have way more than that at IB.
IB has their timber hill market making division. Perhaps the $14.5bil in re-hypothecates is what IB uses to provide trading capital for that division.
I would like an IB rep on this board to explain exactly what it means that IB re-hypothecates $14.5 billion of customer funds, and what would...
Page three of the agreement: "Interactive or its Affiliates may deposit collateral, securities and/or other Customer property with third...
I think the only real way to ensure your funds is to either: 1. Use a broker that is part of a bank deemed too big to fail, Like Goldman, Bank...
Thanks for bringing this up. I was unaware prior to now that re-hypothecation even existed.
Could your blog have been any more generic? If you expect any sort of constructive feedback you need to provide something worth reading.
Separate names with a comma.