Consider offering to intern for a trader for free. You will learn what he can teach, and maybe he will receive something in return from you.
You know that Orc Trader is $5700/month plus a co-location, plus buying a high end server. If you lease the server, your around $9000-10,000 per...
Read page 4, "How Claims are Valued.". http://www.sipc.org/pdf/HSPY_English_2011.pdf
Any positions held in a margin account are held in street name, not your name. SIPC protects the value of the cash and securities, not the actual...
You sound way to risk adverse for options or equity strategies. If the risk-less rate is near zero, you will have to risk your assets to make a...
Yes. Cash Settlement. http://www.cboe.com/micro/vix/vixoptions.aspx
Reverse-Split: http://finance.yahoo.com/news/direxion-shares-executes-reverse-share-192100925.html
"A strangle is stupid". Interesting. Trading options delta neutral is a strategy that works, very well, for many traders. Most successful traders...
If you had a Futures account, no one really knows what's going on yet. If you have a margin account (For equities and options), SIPC should offer...
You need more than $25K, or join a prop firm.
Securities and cash held in a margin or cash account are protected by SIPC up to the SIPC limits. "HOW WE HELP: WHAT YOU NEED TO KNOW ABOUT...
OK..To be more accurate, Penson bought Ridge Clearing & Outsourcing Solutions, a subsidiary of Broadridge....
I sent you a PM. Bob
Penson bought them for their technology. Everyone on ET has been enjoying bashing Penson because of their stock price. We work very well with them.
To improve Penson's Services, they bought this company. This is an upgrade for Penson clients. Nothing bad. They are alerting you because your...
Not a lot of Prop Shops that allow option trading, and most want $100K.
It means a hedge fund has agreed to do all of it's prime brokerage with one firm. Most large hedge funds multi-prime for safety.
From my experiance, if you buy calls like that often, most of the time they will expire worthless. From time to time, the .16 call will go to...
I think it's only .02/trade
You can also go to https://cpm.theocc.com/tims_online.htm, put in positions and see what PM haircut will be on a typical position. Bob
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