Using an LLC to protect oneself from a margin call?

Discussion in 'Interactive Brokers' started by kevinwork24, Feb 6, 2021.

  1. Sig

    Sig

    What's the definition of a "small business entity"?
     
    #21     Feb 13, 2021
  2. topdog

    topdog

    Please read the data subscription document carefully. If not defined there then it's up to you to decide where the limit goes. Some brokers will put all LLCs automatically into pro category no matter what the exchange rules are so avoid them.
     
    #22     Feb 14, 2021
  3. topdog

    topdog

    Every business has it's own costs so you can honestly ask from yourself are you really a professional if some silly $100/mo is a problem... so from this point of view I think the current CME rules are ok.
     
    #23     Feb 14, 2021
  4. S2007S

    S2007S


    You mean a fed induced bull market. Let's get it right the first time so we know exactly why it's a good bull market. Strip out the fed and their trillions and this would be one big bear market ......
     
    #24     Feb 14, 2021
  5. Sig

    Sig

    First you said it was in the exchange rules, now it's in the subscription document. Is it really there at all, because I'm not seeing it?
     
    #25     Feb 14, 2021
  6. newwurldmn

    newwurldmn

    maybe SBA has a definition for investment / trading firms
     
    #26     Feb 14, 2021
  7. topdog

    topdog

    #27     Feb 14, 2021
  8. Sig

    Sig

    Condescending doesn't look great on you. No need to play 20 questions, if you know the answer to the question someone asks in direct response to your post why not just provide the answer like a helpful, kind person?

    And back to the actual discussion, the answer looks like there is no definition, which is pretty unhelpful on the part of CME in this case.
     
    #28     Feb 14, 2021
  9. topdog

    topdog

    What on earth are you talking about ?!? I gave you the correct answer in my posts already. Then you came in with your bad attitude. You get what you give.

    And my question was very relevant.
     
    #29     Feb 14, 2021
  10. Sig

    Sig

    If I was condescending in any way, let alone the way you were, then I'd really appreciate you letting pointing out how?

    My question is what the definition of a "small business" is for these purposes. The question remains unanswered, although it appears that it's because the exchanges don't provide an answer. Which is exactly what I accurately said earlier, which you apparently think is "bad attitude" worthy of being condescending against? Again, if anything I said was inaccurate, love to know exactly what that was?
     
    #30     Feb 14, 2021