not-nick
  • Member for 5 years, 8 months
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Resources to begin trading from home?
5 votes

As JoeTaxpayer has commented, the markets are littered with the carcasses of those who buy into the idea that markets submit readily to formal analysis. Financial markets are amongst the most ...

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How do U.S. stock exchanges specifically account for dividends and ex-dividend dates?
4 votes

I believe that the confusion here may be the result of mixing up two different types of prices - what we might call "official" prices and "market" prices. The exchanges issue official prices. They ...

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Invest money and get 120% back - a site says
4 votes

As others have commented, this is almost certainly a Ponzi scheme. What will happen is that they will report to you that you are earning fantastic returns. This will encourage you to pour more money ...

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Private foundation for personal use
4 votes

To establish a private foundation requires the following : Establish its purpose and its guidelines for making grants. Decide whether to structure it as a charitable trust or a non-profit ...

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What does it mean that in a stock quote when there is no "Open" price?
4 votes

As others have suggested in the comments, the opening price is normally the price of the first trade of the day. This share did not trade today so there is no opening price. Although the average ...

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Can I write off investment losses into future years?
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4 votes

According to this page on the IRS site capital losses must first be used to offset any capital gains. Any excess losses can be deducted against ordinary income up to $3,000 ($1,500 if married filing ...

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Perform exercise-and-hold AND exercise-and-sell-to-cover?
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4 votes

The simplest thing to do here is to speak to your employer about what is allowed. This should be spelt out in your company's "Stock Options Plan" documentation. In particular, this document will ...

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Can a stable value fund contain equities?
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4 votes

A Stable Value Fund is defined as : a managed portfolio of highly rated corporate or government, short-term and intermediate-term bonds with a principal protection wrapper provided by a life ...

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Value of a call option spread
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4 votes

On expiry, with the underlying share price at $46, we have : the $45 call has an intrinsic value $1 which equates to $100 = 100 x $1.00 the $40 call has an intrinsic value $6 which equates to $600 = ...

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What can I do to remedy ISA cash/shares transfer latency?
4 votes

One possibility you may consider is to keep all of your funds in the stocks and shares ISA while investing that proportion you wish to keep in cash into a tradeable "Money Market" ETF. A Money Market ...

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Why weight a portfolio by market cap when equal weighting has higher ROI?
Accepted answer
4 votes

As a general rule, large caps tend to be less volatile than small and mid caps. In other words, large caps tend to go up less than small/mid caps in a bull market and, conversely, large caps tend to ...

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What is street-side booking?
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4 votes

This is a technical term referring to the "double entry"-styled book keeping of trades by brokers. Suppose a client executes a buy order with their broker. The broker's accounting for this "trade" ...

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Fill price above my ask - how is that possible?
4 votes

Here is one possible reason : Your broker has placed your order on the NYSE ARCA exchange. This is just one exchange that will be trading in GCXJ options. The others exchanges are the so-called ...

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Variation in international ETF pricing during non trading hours
4 votes

Two factors worth considering here, in addition to futures markets, are as follows : Just as in US markets, where after hours trading continues after the official market close, the same applies to ...

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Why does short selling require borrowing?
4 votes

Concerning the general problem of short selling and the need to borrow shares to complete the transaction : Selling short is a cash transaction. Unlike a futures contract, where a short seller is ...

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Is it really 0.09% fee that SPY ETF is charging? Over the long term, doesn't SPY mirrors the S&P 500 index?
3 votes

ETF management fees are paid out of the funds assets, usually out of a combination of capital and accrued dividends. Using the comparison function on google Finance (click on the max tab above the ...

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Does trading currency choice in a Gold ETC make a difference when base currency remains same?
3 votes

The SGBS (USD denominated) product is there to appeal to large institutional investors who keep large amounts on USD at hand and wish to trade gold. (Private, retail investors with USD in their ...

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"Holding the trade" in fixed income arbitrage
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3 votes

When the bust came in 2008, hedge funds were force to settle out liquid positions (such as treasury bonds) in order to raise cash in order to meet margin calls on their illiquid positions. These ...

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How has the country exposure of the FTSE All-World High Dividend Yield Index and the FTSE All-World Index changed with time?
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3 votes

There is a fiddly way you can do it. For example, I obtained the April 2014 factsheet from the FTSE Analytics site using the following method. As you have already done, click on the "archive" link ...

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How do brokerage firms make money?
3 votes

Regarding "Interest on idle cash", brokerage firms must maintain a segregated account on the brokerage firm's books to make sure that the client's money and the firm's money is not intermingled, ...

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understanding the process/payment of short sale dividends
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3 votes

I would suggest the following rationale : You are not entitled to receive the dividend for your long position because people who buy on the ex-dividend date are not entitled to receive the dividend. ...

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Equity market inflow meaning
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3 votes

Suppose I purchase $10,000 worth of a particular share today. If the person(s) I am purchasing the shares from paid $9,000 for those shares, then I replacing their $9,000 investment with my $10,000 ...

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Bank account set up for me
3 votes

First note that Standard Chartered Bank's domain is "sc.com", not "scb.com". The "scb.com" site appears to be an architecture company "of sorts". The "yandex" email address is for a Russian search ...

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How is "The People's Trust" not just another Investment Trust?
3 votes

According to what little information is available currently, this fund is most akin to an actively managed exchange traded fund rather than an investment trust. An investment trust is an actively ...

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What are the requirements for option trading in United States?
3 votes

The SEC outlines its requirements for brokers handling of clients wishing to trade options in this Investor Bulletin issued by the SEC dated Mar 18, 2015. Here we note that : Before you can trade ...

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What happens if a foreigner passes away and he/she has no beneficiaries for their bank accounts?
3 votes

The legal term for this is "intestate succession". The 1990 Uniform Probate Code form the basis for intestate succession, though implementation and supplementary provisions will vary from state to ...

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Price Earnings Ratio
3 votes

The P/E ratio is a measure of historic (the previous financial year) earnings against the current share price. If the P/E is high, this means that the market perceives a big increase in future ...

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Implied or historical volatility to calculate theoretical options price with black scholes?
Accepted answer
3 votes

Option pricing models used by exchanges to calculate settlement prices (premiums) use a volatility measure usually describes as the current actual volatility. This is a historic volatility measure ...

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How to invest my British pound salary
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3 votes

The London Stock Exchange offers a wealth of exchange traded products whose variety matches those offered in the US. Here is a link to a list of exchange traded products listed on the LSE. The link ...

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A question on Random Walk Hypothesis
3 votes

According to the wikipedia entry : The random walk hypothesis is a financial theory stating that stock market prices evolve according to a random walk and thus cannot be predicted. Equivalently, ...

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