Any that gives you the same protection as a bank depositor, relying on the same insurance scheme no matter what product you use or what kind of...
Well, I'll never be sure either, but like I said in a similar thread, if your distrust of SIPC and pretty much all U.S. institutions reached the...
IB or any other futures broker don't have SIPC insurance for futures accounts. What IB and a bunch of others that have BOTH securities and futures...
That's not impossible... In any case, Lloyds of london is a partnership more than 300 years old, and even today the owners still have personal...
Simple, pick another one! My point is just that, IF you concern about SIPC protection goes that far, clearly your confidence in it is pretty much...
Look guys, I get all these points, after MF Global everything should be questioned. But I just happen to have these two arguments: 1 - I don't...
I think they mean that they DO trade actual cash for you, instead of the typical "contract"/cfds with "virtual" FXs from all sorts of bucket-shops...
Nothing is really clear until some event comes up in the future, but either way in case this nightmare you described happened, the court would...
To not ruin the topic of this thread, I should only add this: Fed - Federal Reserve BANK. Period.
You can now customize this sweep cash policy, it's in account managament
From the clauses it looks like MF Global wants to pledge your assets without posting any collateral in substitute, which is very different from...
Non-sense talk. A futures is just a contract, it never requires to re-hypothecate anything. And I don't get the "Why the need to rehypothecate...
In this case, out of this $100 cash, $50 bucks is already pledged as margin for the option position. Call it whatever you want, re-hypo-whatever,...
Ok, all panicky-guys out there, stop ventilating for a second and think: how the hell do you think a brokerage firm gets a credit line to obtain...
They do disclose each account separately, on your daily statement. By default, in the commodities account there is only the minimum necessary for...
I remember seeing this link several times in the past, but I guess that they really added some detail to that since MF Global, am I right? Very...
A 28 million is as small as any good smart trader does, despite being a gain or loss. MF bet the house on the "sure thing", except his size was...
Not quite a difference based on the phrase alone, since IB do engage in proprietary trading via Timber Hill, and MF Global had tons of positions...
True what u said, but keep in mind that the way things are structured, if the actual bets are only held at Timber Hill, then if Timber Hill...
Thanks Hedgehog1, great post. My interpretation from all this is that the ultimate effect is about the same, UK clients will keep on ultimately...
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