Features Improvement for IBEFP Users and potential EFP Users .

Discussion in 'Retail Brokers' started by Nasdaq5048, Apr 24, 2008.

  1. Oh and by the way, i want to share my experience in playing EFP. If you are investing your free cash there, you could actually improve the yield if you could find a higher EFP bid in other stocks than the exisitng short EFP position. For example, i sold the MA ($235) may spread at $44.5 on firday and i bought it back at $33.5 on tuesday. At the same time i sold 2 RIMM ($120) for $20.2 each. It yields me about $5 net without any risk. These are free money out there and i think IBEFP users can utilize it by using the scan feature that i proposed.