The margin requirement would be 400 points times the multiplier of 100, or $40,000.00. I use schwab.com every day. (I don't sell box spreads.)...
The money generated by a short box spread is not yours. You have to give it back at expiration, plus a little bit more, which is thought of as...
Okay, maybe. But again, Levine is just quoting from the FT article. And I think it's very interesting that this kind of extreme error started with...
Today's column on Bloomberg by Matt Leving talks about an $81 trillion erroreous transfer that happened Citibank last month. That's not a typo....
I agree with what others have said, that is, if the position has a finite risk, e.g., a vertical call spread, no naked short exposure, then the...
Is there something in this thread that implies that someone thinks "they are less smart in finance than anyone on et"?
They want to make it more an equity instrument and less like a loan. Think about the difference between a baby bond and a term preferred stock,...
https://www.ft.com/content/b7f86e28-bada-4e24-ad12-057c6be6c9a4
I think the uncertainty surrounding the value of the dividend for ADR holders may be distorting the price of the March 21 options. The ex-divided...
Process for payment of dividends to ADR holders looks kinda f***ed up LMAO...
Agree with @Handle123 [ATTACH]
That's probably not going to happen. Read the article carefully again. They changed how they are reporting the assets in custody. The new method...
Enforcing the terms of a trust--that is, demonstrating the existence of a trust, and pursuading other parties to recognize or honor the...
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