ICE Exchange Disciplinary Notice

Discussion in 'Commodity Futures' started by miocapital, Jun 6, 2025.

  1. newwurldmn

    newwurldmn

    #11     Jun 7, 2025
    nbbo likes this.
  2. spy

    spy

    Lol, thanks for looking out but I have plenty of cash to take assignments and use adequate protection ;-)

    I love nothing more than when you make bad assumptions! Run Becky, run!

    [​IMG]
     
    Last edited: Jun 7, 2025
    #12     Jun 7, 2025
  3. Not to hijack, but last year Tradestation forced me to be a professional trader if I stayed. I was only buying PL and PA short-term single leg options, but I only had 5K at a time in the account. I'd take profits every time I hit 10K+. Mainly because I just don't trust them. The future options software was disgusting and the MTM was full of errors, so I had like no money in there. I was only doing a handful of options at a time so I never needed more. It took me a bit to realize that they obviously knew I was not a professional trader, I'm in insurance, but they didn't like the risk of me buying the PL and PA options which are pretty illiquid. The risk was minimal in terms I held an ITM option to the close, in 15 minutes I could just sell and I never held to close, but they probably weren't sure if I would be selling options or doing other strategies. For a penance of money, 5K-10K, it wasn't worth keeping me. PA futures at the time IBKR was charging 300K to open 1 contract, which was crazy, so I was looking for a way to leverage PA more easily. I probably could have negotiated putting in 50K or something, but their future options software is so terrible there is no way in hell I would be comfortable with that.
     
    #13     Jun 7, 2025
  4. Surely, the influx of the French spreader group was odd and I assumed it was one user with many nicks. Turns out they were actuals. The CT-KC spread was mos def an IQ test. WTF.
     
    #14     Jun 7, 2025
    nbbo likes this.
  5. were they trying to get people to trade opposite them? seems unlikely that people on here would see a thread and open a 6 fig position just off that though idk
     

  6. I think the opposite. He was looking for encouragement and ppl to help close the switch. It's was beyond dumb. He was probably at his max position by the time be posted here. He was warned.