High inflation is bad, deflation is worse.
High inflation is a form of heavy tax on capital but at least it encourages people to spend and...
IB doesn't. You need to manually convert in USD an amount that will be sufficient to cover your USD overnight margin and estimated...
You want free lunch!
Can't get positive interests on EUR without risk. The risk-free rate is negative. End of the story!
I wouldn't there keep hundreds K of idle EUR cash in IB. Better to keep it a EUR bank account (where you pay no interest) and instant transfer to...
IB doesn't pay 2.5% but roughly 1.5% above 10k.
This future does pay 2.5% from the first dollar.
What is more effective?
Short the EUR futures contract. You'll get 2.5% yield. And a USD exposure instead of the EUR
You pay income tax on the 50k salary.
You pay also corporate tax on your company's profit. 8.5% on the first 300k, and 17% on the following 650k....
The information on daytrading.com has not been updated.
On IRAS website, it was indeeed mentioned about volume, frequency of trade... to determine...
I guess every American living overseas and earning more than 102k per year have the same problem.
Unless you do like the Facebook cofounder:...
I live in Singapore and trade US futures.
No capital gain tax.
Low Income tax.
Domestic bank transfers within 5 seconds (for IB Margin call).
Unfortunately, 871 (m) restriction cannot be removed for IXM Futures as the index does not qualify for an exemption.
As of January 2, 2019, the...
Yes XAF and IXM are one same product.
Thank you for contacting the CME Global Command Center (GCC).
We advise that you contact your clearing firm admin AND/OR your front end software...
I traded many futures contracts for 6 years but for the first time I tried to short IXM.
And this message popped:
I understand that...
10EUR per tick (top) vs 1EUR per tick (below)
IB doesn't charge minimum fees if NLV is more than 100k.
No need to pay data fee for LT investing. Get delayed quotes. P&L will be still accurate....
You have to take into account the very low probability of this event. Can't just compare those 2 figures.
Moreover, it depends on how you sell...
A 3300 SPX call will cost you 700$. Net profit 19,300$, so more than 27 times your premium.
Ha ha. Very highly unlikely.
I would rather sell this...
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