13 Jun 2007 12:21 EDT =DJ UPDATE: SEC Approves Changes To Short-Selling Rules (Updated, adds details on eliminating short-selling...
So these Bright traders who deposit $20k and use over a $miilion to engage in pairs and risk arb. strategies will pay about $15k a month in...
Although you so generously told us more about what Bright does do or offer, you didn't answer any of my questions? "If a trader uses 50:1 like...
You said "Our traders, in general, use well over a $million with $20K or so of their own money" which is at least 50:1 leverage. And on many...
All these traders you have with $20k deposits that usually hold a $million or more over night, how much do they pay in interest a month? A...
You still haven't answered my original question "You still have not told us why a trader is better off with a registered firm? Or why you...
http://sec.gov/rules/proposed/2006/34-54891fr.pdf
"no one to complain to" You can complain to the Better Business Bureau, but they aren't goint to help you get your money. But neither is an...
Specifically what are some "strict regulations" that Bright must adhere to that a non-exchange member firm doesn't have to adhere to and that...
Is Bright an NASD firm? Worldco was, look how much being with a registered NASD firm helped out and protected the traders there!
As long as your broker offers interest on your shorts you should. PM rules would have no effect on whether you get short interest or not.
Is there a problem with CYgroup that is causing you to look at other firms?
I tried the TWS Protfolio Margin Demo. I put on 8 stocks 4 long and 4 short. I divided the "Initial Margin" number by the "Securites GPV" number...
Does Portfolio Margin work with a stock against a stock (not options)? For example, if I have 1,000 shares of KO long and 1,000 shares of PEP...
Another thing you need to overcome are SEC Fees. Right now they are low at .0000153 but when they go back up to around .00005, there goes your...
Some one told me that one tick on the NQ equals 3 pennies on the QQQQ's. I believe him to be a reliable source, but I don't know for sure myself....
Steve, What made you leave equities and switch to futures, NYSE Hybrid?
Has anyone thought of this? PSQ the ETF that represents a short position in the QQQQ's. Short the PSQ which really gives you a long position but...
How would position size or $ limits per position have prevented this guy from putting on a trade 1 minute before the close(during mkt hours) and 3...
There was a 4pm cutoff. But the idiot knew that, that is why he shorted just 1 minute before the close. Like I said before, there are idiots...
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