Scary that people like this trade
If you have under SIPC/CIPF insured amounts then no.
Anyone here trade mainly based on news? Upgrades/Downgrades/Earnings/Other macro and stock specific news? I've been trading news for 9 years...
If it's not a hard to borrow name it's unlikely. If it's a name that at times doesn't even have shares to locate then it's possible but still...
Yes, my bad, I assumed we were talking about clearly CIPF insured firms
If with a Canadian broker everything is covered including futures. With an American broker, not so much.
I got a response from CIPF -- they did say that futures are indeed covered which is complete shock to me but a very pleasant surprise. Here is...
Thanks. I sent a series of emails to SIPC and CIPF (canadian version of SIPC) and I'll post the responses when they are received. Like I said I...
My futures broker is IB and I do choose to have my funds swept into a securities account but either way I conduct my futures trading in a separate...
I'm definitely not portfolio margin. So basically the only positions that would not be covered would be OPEN futures positions? As long as it's...
Thanks. But what if in my account I trade futures and equities and at the time of bankruptcy or whatever the case may be, I'm not holding any...
Iâm trying to get a better understanding of my coverage and Iâve done my best to read all the documentation myself but I still have some...
C'mon... really?
... I know were have some Van City traders.. where ya at?
I live in Vancouver and since yesterday Fast Money hasn't been on and CNBC has just reverted back to Closing Bell. What's going on? Thanks
Deal with the rules and continue opening multiple accounts if you have to.
I understand all your points guys, I just don't understand the fear IF you trade equities. If you trade futures or other derivatives, well,...
That article knocking SIPC is ridiculous too -- I was shocked that those invested in Madoff expected to be covered by SIPC -- there was no...
If you were smart enough to accumulate an account exceeding SIPC limits, you would also be smart enough to open multiple accounts under the SIPC...
.... still don't understand the concern if you trade equities. You're SIPC insured.
Separate names with a comma.