The VIX Thread: Discuss using VIX for long/short bias (June 2022)

You can have many separate accounts as retailer. But if you as individual are the registered entity on two separate account and hold long futures positions (US exchange traded) in one account and short positions of the identical contract in another of your account you will get a broker message to tell you to stop doing this shit if you are L-U-C-K-Y, else your account might get frozen and you will have a few questions to answer...is this clearer now? you can look it up, I won't do your homework...

 

He is trading MNQ and NQ.

 

Sounded like he traded long and short MNQ and followed through with NQ.

 

M.W. = AsiaProp ... volpunter... DiceAreCast. Not originally Canadian. Probably German, spent 10 of the last 12 years in Hong Kong, now living on Vancouver Island north of Victoria.

 

ah yes that is not allowed

 

I am the spouse and we don't live on the island. Please update your user file.

 

https://ibkr.info/node/593

Besides ever heard of having accounts with 2 different brokers, huh? Under the same name.

Find something else to be angry about.

 

German for suuuuuuuuuuuuure.

Never wrong, always hardheaded.

 

Futures, in particular, do not want you to be long and short in different accounts. There was a guy recently who was fined because he "moved money" between accounts by being long and short futures across multiple accounts. I wish I could find the link...

 

Recall that too, it's basic knowledge that this is a no no.