Last I recall, which was years ago, many states had a de minimus exception to registering and you could have less than 6 (12?) clients before...
It’s a combination of short options and long the common, dressed up with the illusion of higher yield....
No pesky regulatory halts
Watch out for adverse selection when your option limit order fills as the underlying moves against you. Yes, the rebates are nice but fills are...
They’re not a retail bank, so there are no deposits to be fdic insured.
Day traders i do on a good day. On a bad day, I lose money while paying exorbitant costs as well, so try not to do that. you’ve got that...
The short borrow rates are annualized rates, so if you borrow a 360% rate stock for one day (and not Thursday) you’d pay 1% of the market value....
About half, maybe a bit more, but there’s no guarantee they’ll lend it.
Case already dismissed
Resolved Sun night
Weekend margin numbers at IB can be highly suspect. I am seeing crazy increases as well.
Even counting his call options, his position is less than 5% of the shares of GameStop. No disclosure is required.
No, some brokers are just wrong. Schwab I’ve heard is poor on this front. Haven’t looked at my Etrade/MS ones yet this year. I guess I wouldn’t...
Long INTU
Not sure about those futures specifically, but this is common. Risks for shorting are different than going long, usually higher, so higher...
Of course 1099s have mistakes. Not most of the time, but sometimes the stock or your trades confuse their software and it gets stuff wrong. More...
I remember ATXG running to $1000
Canadian tax withholdings would take more than 100% of the gains for most US investors
The built in “merger arb” or “pairs trader” algos might do this without a separate API...
Looks overdone to me. The fraud as was said was at some unrelated hedge fund run by the FRG CEO, not at FRG. He was part of the going private...
Separate names with a comma.