Anyone got pissed by their Trading Options Permission? i got stuck with this

"The financial information, investment experience and/or investment objectives you have listed in your account profile do not meet the eligibility requirements to trade Options."



Edited: I got approved after i change the Asset in USD.. i mean.. ya i do have that much assets.. just not liquid... (House)

This post has been edited by Lon3Rang3r00: Apr 25 2022, 11:10 PM

change your profile to speculator / gambler... should be no problem then...

so small matter pissed off... lose money how?

To be fair, it's also assuming you have a First World cost of living.

FT 260422: https://drive.google.com/file/d/17a8jtAYr0o...iew?usp=sharing

Novartis result should be available at 1pm (GMT+8).

It's because 9 May is PLTR's earnings announcement. There is no free lunch. Almost everything is priced in.

Earnings is riskier because the stock may gap up or down >30%. Therefore, the premium is higher.

People who want to bet on earnings will buy options that expire after 9 May. If you buy before, it's useless because it expires before earnings..

This post has been edited by Yggdrasil: Apr 26 2022, 12:53 PM

Novartis results published.

Media release: https://www.novartis.com/sites/novartis_com...-release-en.pdf

Interim financial report: https://www.novartis.com/sites/novartis_com...l-report-en.pdf

Presentation slides: https://www.novartis.com/sites/novartis_com...resentation.pdf

Conference call begins at 2pm CEST (8 pm GMT+8). Register here: https://edge.media-server.com/mmc/p/9aw5rjuz

-----------------------------------------------------------

Big Europeans banks reporting results today too:

HSBC 1Q 2022: https://www.hsbc.com/investors/results-and-announcements

UBS 1Q 2022: https://www.ubs.com/global/en/investor-rela...-reporting.html

Credit Suisse to report results tomorrow.

it exists, however, those arbitrage trades are discovered and traded by players with direct computer access before you can even look at it . hence the rich will always get richer

Yea, I know of Renfund. That's why there is no free lunch for ordinary investors like us.

HEARD ON THE STREET

The Contrasting Fortunes of HSBC and UBS

Buyback plans offer a hint of what lenders expect from the year ahead, and the Swiss bank was characteristically more upbeat in first-quarter results

https://www.wsj.com/articles/the-contrastin...share_permalink

FT 270422: https://drive.google.com/file/d/1MGCiCTj1Mv...iew?usp=sharing



An interesting example of voting rights and its influence on different share classes is shown below for Schroders. The same can be seen in Roche (ROG.SW/RO.SW) and to a lesser extent BRK-A/B and GOOG (Class C, no voting rights)/GOOGL (Class A, with voting rights).



Credit Suisse results for 1Q 2022 out a moment ago: https://www.credit-suisse.com/about-us/en/r...ly-results.html

This post has been edited by TOS: Apr 27 2022, 12:46 PM

Hi Guys, need help. Now I create IBKR, and wise.


Now I stuck on the step between wise and IBKR.

I do
1) wise, pick "USD",
2) ibkr, USD -> wire -> it return a Citibank info, but when I try in wise as:
2a) swift, not supported by wise
2b) local transfer, the Citibank account number deem invalid by wise.


So what you guys usually pick for direct transfer from wise to ibkr?

Edit: ibkr pick SGD or GBP, and wire transfer?

This post has been edited by Sone Shin: Apr 27 2022, 03:27 PM

Well, let us introduce you to a local YouTuber.

Search for ziest wise ACH transfer tutorial

Do go through his tutorial on using IBKR web also.

👍

Make sure to set your IBKR default currency as GBP or USD or SGD of your choice. Then use the wise currency wallet as set in IBKR to transfer.

This post has been edited by AthrunIJ: Apr 27 2022, 03:37 PM

Thanks, will share my joy here again once able to transfer money in.


edit: So the problem I faced because 1) my IBKR was pending approval when try to transfer fund and 2) I didn't kick start an USD currency balance account in wise so unable to follow the ziest wise step initially. But once IBKR approved the "Direct ACH" will appear, then the transfer from wise to IBKR is straightforward.

Below link will be the updated version which is helpful as of April 2022:
https://m.youtube.com/watch?v=rV5mKcvwGOA

Hope it helps for future people who searching answer from here.

Thanks AthrunIJ for the guidance.


This post has been edited by Sone Shin: Apr 28 2022, 09:03 AM

Heard on the Street

India’s Life Insurance Giant Isn’t Covered Against Pitfalls of Government Ownership

LIC may look cheap given its dominant position and low valuation, but it comes with tight government control

https://www.wsj.com/articles/indias-life-in...share_permalink

-----------------------------------------------------

Deutsche Bank Shows the Long Road Ahead for Credit Suisse

Persistent investor skepticism toward the German lender’s recovery underlines the challenge facing Credit Suisse to rebuild trust

https://www.wsj.com/articles/deutsche-bank-...share_permalink

-----------------------------------------------------

And this would be interesting for prospective and current investors of Boeing:

Boeing Looked for Flaws in Its Dreamliner and Couldn’t Stop Finding Them

Under pressure from the FAA, the plane maker increased scrutiny of its manufacturing; ‘What happens when you take a microscope to anything?’

https://www.wsj.com/articles/boeing-dreamli...share_permalink

Just want to confirm.

I transfer all funds as USD into IBKR.

But if I want to purchase Singapore stocks. I will need to exchange some funds to SGD in IBKR before proceeding right?

Correct

If u have Margin Acc. Can buy w/o converting but will need to pay interest on the SGD deficit

O, good to know but I only use cash account.

Margin probably until I am more confident first haha.

Margin useful cos u dont know if Order will be filled boh. Cant be converting here and there every time 'planning' to enter an Order rite. Jus need to convert after Order filled lor

I don't mind the extra step for now. Small time investor here need to save as much on fees as possible.

😆