No matter what currency you end up with after a day or night of forex trading, SIPC may not cover your "cash" if it is not generated from, or on...
IB-AN, You shouldn't be surprised that there is questioning of your claim on this issue. The claim that IB customers are entitled to SIPC...
Comintel, here's how IB-AN described the reasoning behind IB's forex coverage claim in another thread:...
Also consider that in order for SIPC to consider the foreign currency in your account as "cash" eligible for insurance, the securities trades you...
Despite IB's claim on this, it is unknown whether SIPC would agree that foreign currency is covered unless that currency is on deposit for, or the...
From this disclosure about the program (link below) it looks like the program is one way for IB to gain hypothecation rights to securities when...
It sounds like an innovative but fair arrangement. If you sign up, please let us know how it turns out.
SIPC must be stressed. Stanford customers lost 7 billion. The SEC is trying to get SIPC to cover 1 billion of that. SIPC reserves are a...
I think that is the most important point. That nothing is certain until the SIPC reviews your claim and makes a decision on your claim.
The CFTC Part 190 Regulations try to protect customer positions and cash in the event of a liquidation by placing the customer claims above those...
But remember that by sweeping futures-related cash to the securities side you might be giving up any CFTC protection of your cash. So in the...
SIPC may not see your cash as eligible for protection if it is not on deposit in connection with a securities purchase or sale. Check out...
It will also be interesting to see how the SEC suit against SIPC plays out. Unprecedented. http://www.stanford-antigua-sec-lawsuit.com/
Def, I don't think most traders view B/D internalization as always negative. There is definitely an opportunity for price improvement in that...
Isn't this a description of IB internalization? If not, then what is IB's definition of internalization? "IB's market-making affiliates,...
What code is vetted by SEC and FINRA?
If you only trade futures your funds may not be eligible for any SIPC protection at all. Check with SIPC first. Their comments may help...
With respect to Fill-or-Show, SmartRouting gives a kind of preview show to hidden institutional order flow. After that preview the order...
I think in the article the OP linked to, the "20 contracts" refers to the minimum required for an All-or-None order. But the minimum varies. I...
The other (non FCM) SIPC members might demand that they do investigate given that SIPC only has around $1 billion in reserves. Paying...
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