Go to pinksheets.com to get further information on the stocks they list. They include solid stocks that aren't sold on U.S. exchanges (e.g. some...
To simplify the explanation a bit, you get the dividend if you buy a stock before the ex-dividend date and don't sell it until (or after) the...
More or less I pulled the plug this afternoon. It's been a good year. No sense in screwing it up now.
You only pay the spread once. For example, say you are buying EUROS with USD. The quote is 1.4200 bid and 1.4201 ask. So you buy at 1.4201....
My apologies in advance but you don't know what you're talking about. No wash sale in this case so long as there were no other WXYZ transactions...
IB doesn't use lots. You buy (and sell) whole units. For example, 38000 Euros, or 38001 Euros if you prefer. Whatever you want. Their...
Cash basis tax payers don't have to report accrued dividends. It's only reported in the year actually received/paid. If received, it's dividend...
Wouldn't SIPC insurance kick in in the case of failure of a futures broker? Eliminates the risk for most accounts.
You'll never come up with exactly a $10 pip movement. You may start with one but once the USD/JPY rate changes, your pip movement in AUD/JPY will...
A safer way to play this is through a company like LPHI.
A couple of comments. 1) Poor practice on the part of Global Futures to not liquidate your account until you already had negative equity. It...
I wouldn't trade Pink Sheet stocks either but they aren't all problematic. Many that trade there are listed on the Toronto Stock Exchange or a...
All (most?) brokers have an "ALL OR NONE" option. Fill or kill is a one shot deal. If you submit it and it can't be filled, your order is...
I'm not a tax accountant but provide this guidance (to be used at your own risk). 1) You should receive detailed instructions that show line...
If you're trading, you might just want to make the purchases on margin and consider the financing cost as part of your strategy. The rates are...
I'm not aware of any broker that considers offsetting positions like that to reduce the margin requirement.
The NYSE does not show a holiday. The record date for PGN's dividend is October 12 (per the company's web site). But that would make a purchase...
I reccently bought an Ultra 2000VA UPS at CompUSA. I think it was $200. I have my Dell Workstation, 3 monitors, modem and router all attached....
If you have the best bid/ask it will display in TWS. If not, you can still see your bid/ask in market depth as long as you are the best bid/ask...
As dhpar says, IB will automatically clear small balances. They just converted 0.98 Euro in my account this past week. So buy/sell enough USD to...
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