18 July, 2017 by The TZ Newswire Staff Comments Off on Dollar nurses losses as healthcare bill flounders
Dollar nurses losses as healthcare bill flounders
The dollar nursed losses on Wednesday after skidding to a 10-month low against a currency basket.
18 July, 2017 by The TZ Newswire Staff Comments Off on Who is R. Kelly?
Who is R. Kelly?
With hits like “I Believe I Can Fly” and “Ignition,” R. Kelly is the self-declared “Pied Piper of R&B.” Now he’s in the middle of a new controversy over relationships with young women.
18 July, 2017 by The TZ Newswire Staff Comments Off on What currency for maintaining futures margins in IBKR account?
What currency for maintaining futures margins in IBKR account?
Suppose a IBKR client margin account is entirely in USD. He wants to buy Nikkei futures in JPY. Would it be better for him to convert to some JPY in cash to maintain the necessary margin for the Nikkei futures or remain entirely in USD? What happens if he chooses to remain in USD? Will it result in negative JPY balance and he needs to pay interest for it?
I like IBKR universal account for its convenience but its flexibility raises more questions sometimes. Can IB representatives on this…
18 July, 2017 by The TZ Newswire Staff Comments Off on Westpac on RBA: Will be "forced to revise down … forecasts … need to raise rates will dissipate"
Westpac on RBA: Will be "forced to revise down … forecasts … need to raise rates will dissipate"
From Westpac Chief Economist Bill Evans today on the Reserve Bank of Australia.
This is from his commentary on the leading index indicator. But of wider applicability.
18 July, 2017 by The TZ Newswire Staff Comments Off on Asia markets mixed as dollar weakens on dimmed US health-care reforms prospects; Aussie banks climb
Asia markets mixed as dollar weakens on dimmed US health-care reforms prospects; Aussie banks climb
Asia markets were mixed as the dollar fell and yields declined on dimmed prospects for U.S. health-care reform.
18 July, 2017 by The TZ Newswire Staff Comments Off on Which sweep option for IBKR customers?
Which sweep option for IBKR customers?
For IBKR customers who trade both stocks and futures, they need to decide which sweep option to choose. This is a headache for us. There is not much information out there for the decision.
For the time being, I choose the “sweep to securities” option because of the SIPC protection based on the document below.
https://www.indextrader.com.au/SIPC_Protection_For_IB_Clients.pdf
18 July, 2017 by The TZ Newswire Staff Comments Off on Which sweep option for IBKR customers?
Which sweep option for IBKR customers?
For IBKR customers who trade both stocks and futures, they need to decide which sweep option to choose. This is a headache for us. There is not much information out there for the decision.
For the time being, I choose the “sweep to securities” option because of the SIPC protection based on the document below.
https://www.indextrader.com.au/SIPC_Protection_For_IB_Clients.pdf