Where to go after the CyberTrader Sabatage?

Discussion in 'Retail Brokers' started by dinoman, Jul 26, 2007.

  1. MB is no place for an active trader.

    Depending on your acct size you can probably negotiate
    overnight interest w/ most firms.
     
    #11     Jul 27, 2007
  2. IB pays interest on the entire balance, not just the part under $10,000, if you invest free cash by shorting EFPs. The amount paid for shorting EFPs is greater than the interest any broker will pay on cash.
     
    #12     Jul 27, 2007
  3. "free cash"
     
    #13     Jul 27, 2007
  4. I meant "free cash" in the sense of a positive cash balance, which is available for investment.
     
    #14     Jul 27, 2007