What is Margin Trading & Is It Right for You? | Ally

Volatility, an Instrument of Truth

Follow along here to trade volatility and volatility derivatives. VIX, VX futures, and Volatility ETPs.
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@binance: Today @Binance: 🔸 $LINK/USD Coin-Margined Perp (75x) 🔸 $GXS, $CHZ, $IRIS & $SOL Isolated margin 🔸 @GXChainGlobal 100,000 GXS trading comp 🔸 14.8% APY Stablecoin Savings Products 🔸 NEM $XEM staking support 🔸 @Polkadot $DOT listing Details ⬇️ https://t.co/vO5ubty33o

@binance: Today @Binance: 🔸 $LINK/USD Coin-Margined Perp (75x) 🔸 $GXS, $CHZ, $IRIS & $SOL Isolated margin 🔸 @GXChainGlobal 100,000 GXS trading comp 🔸 14.8% APY Stablecoin Savings Products 🔸 NEM $XEM staking support 🔸 @Polkadot $DOT listing Details ⬇️ https://t.co/vO5ubty33o submitted by rulesforrebels to BinanceTrading [link] [comments]

BitMax Announces the Launch of Its Distinctive Derivative Trading

BitMax.io (BTMX.com), an industry-leading digital asset trading platform, has announced the introduction of derivatives trading as part of its continuous strategic product expansion. Complementing its current spot and margin trading products, derivative trading has been officially launched on March 23rd, 9:30 a.m. EDT with a Bitcoin-based Perpetual Contract before extending to other assets and product offerings.
As a new industry entrant to the derivative market, BitMax.io seeks to differentiate its offering with an innovative approach to system architecture design that focuses on more efficient, resilient, and secure trading of leveraged contracts. Some of the platform’s highlights are summarized as below:
  1. Cross-Asset Collateral: Users can post USDT, PAX, USDC, BTC, and ETH as margin to increase buying or selling power for potentially higher returns; thus, allowing for greater funding flexibility and diversification.
  2. Distinctive Liquidation Engine: The platform employs a unique smart order router mechanism designed to reduce distressed account positions with minimal market impact before transferring risk to opt-in institutions via a “Backstop Liquidity Provider” program (“BLP Program”).
  3. Composite Price: BitMax.io calculates users’ trading profit and loss (PnL) positions, and collateral value using an “index” computed by taking an average price derived from relevant order books on Binance, Huobi, OKEx, Poloneix, and BitMax.io. The index pricing methodology is intended to mitigate unnecessary market volatility due to pricing disruptions on any single trading venue.
  4. Deep Liquidity, Tight Spreads: BitMax.io strives to engage a diverse range of trading counterparties on a unified order book shared between multiple trading platforms, therefore aggregating global liquidity to promote trading efficiency. Other futures trading platforms and dealers can onboard with the central matching engine to provide optimal trading conditions for their respective users.
Throughout much of 2019, BitMax.io has emerged as an industry front-runner for spot and margin trading by delivering innovative products and exemplifying a client-centric approach. The platform’s foray into the derivatives marketplace is a testament to the BitMax.io team’s relentless drive to build a holistic suite of trading products leveraging their deep-rooted expertise in traditional finance.
“An agile go-to-market strategy and robust system architecture are probably the two most important considerations the BitMax.io team has had when building our derivatives platform,” states Shane Molidor, BitMax.io’s Head of Business Development.
submitted by o2ziga to BitMax [link] [comments]

How to make precious silver silver spot to make money?

How to make precious silver silver spot to make money?
Many wage earners have the habit of investing in wealth management. Buying bank wealth management, depositing surplus balance, and stocks are common methods, but these methods either have low returns or unfair systems, so they are both profitable like spot silver. And the variety of fairness can quickly spread in the mainland market.

Why does spot silver bring high returns? Before answering this question, investors must understand their trading system. Spot silver is not like domestic stocks. It is a margin trading product, so it can be bought and sold in both directions. It also has tens of times of leverage. In other words, the price of silver has risen by more than one percent. Times return.

https://preview.redd.it/tzdmsq6p5x941.jpg?width=600&format=pjpg&auto=webp&s=27f465f7fc59da56c12fff3caddf3b0a319afb9c

So investors only need to spend a little energy to study trading technology and learn some risk control techniques. There is no big problem in making money.

Click on http://t2.mademoney.net, add a teacher's whatsapp, help you open an account, and teach you one-on-one how to make money online.
Of course, investors must speculate on silver in a reliable platform to make money, because those underground platforms will use various hidden methods to squeeze investors' assets and make investors lose their money.
But if you want to participate in more authentic international spot silver trading, you should choose Hong Kong's AA-level platform, which is the electronic precious metal dealer who holds the highest level of operating qualifications in the Hong Kong Gold and Silver Trade Fair.

https://preview.redd.it/aygrm8eu5x941.jpg?width=600&format=pjpg&auto=webp&s=77fa7208606647cbae13607d81ce5dccc3a48ed0
As long as a regular trading platform is selected, spot silver is indeed a fair and just product, because the global spot silver price is public and is not controlled by any consortium or dealer, and it has significant impact on its economic data, politics, and politics. The event is open to all investors at one time, so there is no asymmetric information.

Lefey gold: Of course, it is not easy to speculate on silver. Investors need to spend a lot of time to look at the market, study the trend, and also need to pay close attention to major events in the world and the economic conditions of major countries. In addition, in the process of actual combat, in addition to strong trading skills, investors must also have strong psychological qualities, otherwise it will be difficult to bear the pressure brought by leveraged exchanges.
submitted by Xboxend to u/Xboxend [link] [comments]

Global Trade and Margins of Productivity in Agriculture -- by Farid Farrokhi, Heitor S. Pellegrina

Global Trade and Margins of Productivity in Agriculture -- by Farid Farrokhi, Heitor S. Pellegrina submitted by ocamlmycaml to EconNews [link] [comments]

BitMax.io (BTMX.com) Weekly Update (Feb. 09, 2019 - Feb. 15, 2019)

Platform Data
As of 5:00 am, Feb. 15, ETS., according to data reported on BitMax.io (BTMX.com) website:
Total BTMX Mined: 298,953,787 BTMX, increased by 36,383,859 BTMX compared to last week;
Permanent Lock-up: 45,599,097 BTMX, increased by 2,633,635 BTMX compared to last week;
Current Circulation: 253,394,690 BTMX, increased by 33,750,224 BTMX compared to last week.

Platform Update
BitMax.io Resume Sales of Reward Distribution Multiple Card at 7:00 p.m. EST on February 12th
  1. Card Sale is scheduled once every 10 days.
  2. During the sales, 160 cards will be released at 4 time: 7:00 p.m. EST Feb 12th, 1:00 a.m. EST Feb 13th, 7:00 a.m. EST Feb13th,1:00 p.m. EST Feb 13th.
  3. Purchase quota is capped at 5 cards per account each time.
BitMax.io Enabled Margin Trading at 7:00 p.m. EST on Feb 14th, 2019
Margin trading on BitMax.io requires collateral in order to support up to 3x leverage initially. Users do not need to manually request for borrow or return.
BitMax.io Finished Issuing Rewards for Bug Hunters of Margin Trading Public Test
Dr. George Cao, Co-founder & CEO of BitMax.io, Opened Twitter Account: George_BitMax
More interactions between users and Dr. Cao are now available
BitMax.io Enabled New Website: BTMX.com

New Listings
BitMax.io listed OneRoot (RNT) under the trading pair of RNT/USDT at 11:00 p.m. EST on Feb 12th, 2019.

Activity Announcement
BitMax.io Will Conduct AMA on the Topic of Margin Trading
BitMax.io is planning to conduct an AMA (Ask Me Anything) session on Friday, February 15th, 2019 at 9:00 pm EST. The main top of this session will be about the margin trading product on BitMax.io. Dr. George Cao, CEO of BitMax.io, will host the session and answer the questions from the community.
Exclusive RNT Airdrop on BitMax.io to BTMX Holders
BitMax.io launched RNT airdrop for limited time only. The event started running from 11:00 p.m. EST, Feb 12th, 2019 to 11:00 p.m. EST, Feb 18th, 2019.
If the user has BTMX position greater than 10,000 (including pending unlock from private sale) based on the snapshot of account balance, top users sorted by BTMX balance will receive 70 RNT with lock-up status as reward.
Total airdrop amount is capped at 45,000 RNT.
Time of Snapshot: 7:00 p.m. EST, Feb 12th, 2019.
Time of Distribution: by 11:00 p.m. EST, Feb 12th, 2019.

Community Information
Telegram English Official Community: https://t.me/BitMaxioEnglishOfficial
Telegram Chinese Official Community: https://t.me/BitMaxChineseOfficial
Telegram Korean Official:https://t.me/BitMaxioBTMXioKoreanCommunity
Twitter: https://twitter.com/BitMax_Official
Medium: https://medium.com/bitmax-io
Reddit: https://www.reddit.com/BitMax/
submitted by BitMax_Support to BitMax [link] [comments]

BitMax.io Announced Launch of Margin Trading

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release.
As announced on the official website, the industry first 3rd-generation cryptocurrency exchange, BitMax.io (BTMX.com), has completed public test and officially launched margin trading.
(All BitMax.io products, including margin trading, are now only available to Non-US clients.)
What Is BitMax.io? And What Is BitMax.io Margin Trading?
BitMax.io is the industry leading crypto to crypto trading exchange that offers a broad range of products and services to overseas clients. Architected by a group of Wall Street quant trading veterans, the platform has rapidly expanded its global client base to over 100,000 registered users and 35,000 community members. With its client-centric approach and commitment to listing only high-quality projects, BitMax.io delivers high-quality client services and trading experience through its innovative trading platform.
Margin trading on BitMax.io is a financial derivative trading service offered by the platform. BitMax.io users can leverage their tradable asset for potential higher return on investment. However, they must also understand and bear the risk of potential losses from margin trading. The currency pairs that can be traded on margin are BTC/USDT, ETH/USDT, ETH/BTC, XRP/USDT, XRP/BTC, and XRP/ETH.
The newly launched margin trading function is a further step by the platform to serve its users with industry top product design. It is also regarded as a new effort to build up a more comprehensive product collection.
How Does BitMax.io Margin Trading Work?

1.Initiate the Function with Margin Account
To better protect the fund of clients, BitMax.io margin trading requires a separate “Margin Account.” Users must transfer their assets from Cash Account to Margin Account as collateral for margin loan before starting margin trading. Upon transfer, users do not need to request for margin loan. System will automatically apply the maximum leverage based on their “Margin Asset” balance.

2.Interests of Margin Loan
To keep users well updated of their asset status, interests of margin loan are calculated and updated on user’s account page every 8 hours. Less than 8 hours will be counted as 8-hour period.
BitMax.io allows users to repay the loans by either transacting the assets from the Margin Account or transferring more assets from the Cash Account. This is very friendly, especially to new margin traders.

3.Computation of Margin Requirement and Liquidation
Initial Leverage = 3
Initial Maintenance Leverage = Initial Leverage *2
Effective Initial Margin (EIM) = (Borrowed Asset + Interest Owned) / (Initial Leverage -1)
Effective Maintenance Margin (EMM) = (Borrowed Asset + Interest Owed) / (Initial Maintenance Leverage -1)
Current Leverage = Total Asset / Net Asset (which is Total Asset – Borrowed Asset – Interest Owed)
Margin Call: When Net Asset is lower than 1.2 times of EMM, the user will receive a margin call via email.
Liquidation: When Net Asset is lower than EMM, the user’s margin account will be subject to liquidation.

4.Liquidation Process
In order to mitigate price deviation due to market volatility, BitMax.io uses composite reference price for the calculation of margin requirement and forced liquidation. The reference price is computed by taking an average last trade price from five exchanges (if available at the time of computation) – BitMax.io, Binance, Huobi, OKEx and Polonium and removing the highest and lowest price. Users are allowed up to 48 hours to take action for loan repayment.

5.Typical Use Case
Take an example of BTC/USDT with 10th leverage.
If you expect that BTC price would go up from 10,000 USDT to 20,000 USDT, you can borrow a maximum of 90,000 USDT from BitMax.io with 10,000 USDT capital.
At the price of 1 BTC = 10,000 USDT, you can buy 10 BTC and then sell them when the price doubles. In this case, your profit would be
10 BTC* (20,000 – 10,000) = 100,000 USDT
Without the margin, you would only have realized PL gain of 10,000 USDT. In comparison, margin trading with 10x leverage amplifies the profit by 10 times.
On the other hand, what if you expect that BTC price would drop from 20,000 USDT to 10,000 USDT?
You can borrow a maximum of 9 BTC from BitMax.io with 1BTC-equivalent of capital margin.
At the price of 1 BTC = 20,000 USDT, you can sell 10 BTC and then buy them back when the price drops by 50%. In this case, your profit would be
10 BTC* (20,000 – 10,000) = 100,000 USDT
Without the ability to trade on margin, you would not able to short the token in anticipation of falling price.
What Will Margin Trading Bring to BitMax.io Users?
First, the margin trading function enables BitMax.io users to amplify their trade size, and thereby brings incremental liquidity to not only BitMax.io platform, but also the cryptocurrency market as a whole. BitMax.io’s provision of margin trading will be beneficial for the trading community as traders will have the ability to fill order books with deeper liquidity, thereby creating ever-tightening spreads.
Second, BitMax’s provision of leverage allows its users to more easily enter and exit positions on the trading pairs, as the market has enhanced access to capital. BitMax.io is currently sustaining one of the largest average daily trading volumes according to the reported data on Coinmarketcap.com. The increasing volume leveraged by margin trading would feed into BitMax.io’s overall trading volume and would fuel the exchange to continue its positive trend in the volume growth.
Third, new liquidity from competitor exchanges will be attracted to BitMax.io platform. BitMax.io‘s launch of margin trading is a tempting invitation for new users who intend to amplify their positions. Traders seeking to benefit from margin trading will bring in new capital from external exchanges to BitMax’s order book.
Summary
Trading on margin is the process by which BitMax.io users can borrow funds from the platform, and thus would be able to trade more digital assets than they normally are able to afford. Margin trading allows users to increase buying power to potentially achieve higher return and makes it possible for users to generate positive profits when the market price goes both up and down. The trader’s own funds serve as collateral, or margin, for the loan. Once a trader closes his or her position, purchased assets will automatically be deducted as loan repayment against borrowed Asset.
BitMax.io designs the margin trading product to increase the volume and liquidity of the platform, and ultimately benefit its platform users. With its solid technical background, leading transaction-mining & reverse-mining model, and industry top client-centric strategy, it is widely believed that launching margin trading goes above and beyond a broadened adoption of BitMax.io platform, but enhances liquidity solution from a rising exchange leader.
For more information, follow BitMAX on:
Website: http://www.BitMax.io
Twitter: https://twitter.com/BitMax_Official
Reddit: https://www.reddit.com/BitMax/
Telegram: https://t.me/BitMaxioEnglishOfficial
Medium: https://medium.com/bitmax-io
Original link: https://www.ccn.com/bitmax-io-announced-launch-of-margin-trading
submitted by BitMax_Support to BitMax [link] [comments]

Global Trade and Margins of Productivity in Agriculture -- by Farid Farrokhi, Heitor S. Pellegrina

Global Trade and Margins of Productivity in Agriculture -- by Farid Farrokhi, Heitor S. Pellegrina submitted by nber_paper_bot to nber_papers [link] [comments]

BitMax.io Will Conduct New AMA Session on This Friday

Dear BitMax.io (BTMX.com) Community,

BitMax.io is planning to conduct an AMA (Ask Me Anything) session on Friday, February 15th, 2019 at 9:00 pm EST. The main top of this session will be about the margin trading product on BitMax.io. Dr. George Cao, CEO of BitMax.io, will host the session and answer the questions from the community. We encourage and welcome every community member to join the discussion.

Please make note of the following rules before joining the AMA session:

  1. Please be professional and courteous to your host and the members of community. No improper nor inflicting negative language will be tolerated. Be respectful to the team and other community members. Violations of this rule during the AMA period will result in the removal from the community.

  1. Please refrain from responding to other members' questions.

  1. Please keep your comment / question succinct. One question per post please.

  1. No repeat of the questions that someone else has already asked.

For those who have not followed us on Telegram yet, please join BitMax.io English Telegram Official Community via the link below:

https://t.me/BitMaxioEnglishOfficial

For any question, please feel free to contact our customer service team.

Email: [[email protected]](mailto:[email protected])

Telegram: BitMax_Official

Thank you for the continuous support.

BitMax.io Team
submitted by BitMax_Support to BitMax [link] [comments]

BitMax.io (BTMX.com) Announces Strategic Listing Partnership with DREP

BitMax.io (BTMX.com), the industry-leading next-generation digital asset trading platform, has announced the new listing of DREP (DREP) under the trading pairs of DREP/USDT, DREP/BTC at 10:00 a.m. EDT on May 21th, 2019. DREP is a Singaporean start-up committed to building “connectors” and “toolkits” based on blockchain technology.

DREP – TO ALLOW HIGH CONCURRENCY WHILE NO CONFINES OF CERTAIN ECOSYSTEM OR ASSET

Since current blockchain adoption is still in segregation and data are still in silos, DREP’s commitment is to become the connector and provide enterprise-grade solutions that are flexible, frictionless and easy to use. DREP ID and DREP SDK, both based on the DREP Chain allow the DApp teams to release built-in wallets and multi-public-chain asset version in a single click. According to Xiaolong Xu, co-founder of DREP, their vision is “to allow high concurrency while enable users or any applications to not be confined to a certain ecosystem or asset. We aim to become the connector and technology enabler.”
DREP have proposed Smart Pipeline technology, a concept that will greatly improve the ability to process data in a similar manner to a layer2 solution with zero gas consumption and strong scalability.
Also, DREP have been able to lower blockchain learning costs, the difficulty of development as well as the complexity of the technology on the enterprise or application side by upgrading advanced technology solutions into Plug-ins and APIs. To date, DREP has reached millions of active users in the Middle East, Southeast Asia and Australia after docking with a number of internet platforms.
One of the biggest advantages of the DREP Chain is its room from growth and unprecedented flexibility for mainstream adoption. Using the appropriate APIs and plugins, DREP brings blockchain usage closer to any user, without requiring complex technical knowledge. Companies with the likes of Yeeyi.com and HarkHark have been receiving DREP’s technology service and integrating with DREP ID system long before their ICO started.

INDUSTRY TOP TEAM – THE MINDS BEHIND DREP’S PICTURE

The minds behind DREP are quite an impressive team boasting excellent experience in blockchain technology as well as some previously working for global technology giants. The team has been noted as one of the most promising in the area of ICO (Initial Coin Offering). The DREP team is well equipped with expert developers in the form of co-founder, Xiaolong Xu and lead developer, Eric Chao who has previously won the ACM ICPC programming contest (often considered as the Olympics of programming contests).
Co-founded by Matt Bennice, Xiaolong Xu and Momo Chang, DREP is certainly equipped with the knowledge and expertise to qualify their offerings. Bennice brings to the team 2 years’ experience from X, the Moonshot Factory and 4 years of experience from Google as a software engineer, both of which focus on new technology and pushing technological boundaries. Chang holds a master’s degree and brings valuable fintech expertise to the team from Orient Securities.
Xu, who is also the lead developer at DREP, brings invaluable experience from his previous positions at Microsoft, Tencent and QTUM, a highly respected company that focusses on smart contract-based protocol on blockchain technology. Xu has expressed his satisfaction with the team that they have built at DREP, saying: “The minds behind DREP are quite an impressive team boasting excellent experience in blockchain technology as well as some previously working for global technology giants. There are about 21 full-time developers already, 6 of whom have more than 2 years of public chain development experience. There are a few seasoned blockchain developers, who were former project lead for some leading blockchain projects. The development team is in frequent conversations with enterprises we are partnering with, so they have the commercial acumen in what businesses need. Therefore, we have been aiming to build solutions that combine ease of use, flexibility and frictionless integration so that these companies do not have to hire a development team or specific blockchain developer in-house to execute their blockchain solutions.”

BITMAX.IO – INDUSTRY LEADING NEXT-GENERATION DIGITAL ASSET TRADING PLATFORM

BitMax.io is the industry leading next-generation digital asset trading platform that provides a broad range of financial products and services to both retail and institutional clients across the globe. It was founded in 2018 by a group of Wall Street quant trading veterans and built upon the core values of blockchain, transparency, and reliability, to deliver high-quality client services and efficient trading experience.
Going beyond traditional trading modes, the BitMax.io team have introduced a combined model of “transaction-mining” and “reverse-mining.” In essence, this mechanism rewards platform users for trading with BTMX tokens, and provides rebate program for those who execute maker trades. The combined trading modes, along with many other use cases of the token, has definitely proved effective supporting overall market liquidity as well as the supply-demand balance of BTMX in circulation.
BitMax.io always strives to provide its global users with a comprehensive set of trading products. Its newly launched margin trading function is another step forward from product offering perspective to better serve their dynamic trading needs. For those users who understand and acknowledge the risks involved in margin trading, the function allows them to borrow funds from the platform and to trade more digital assets than they normally could afford. With increased buying power, the users are able to leverage tradable assets as collateral to receive a potentially higher return on their investment when prices increase. However, if prices drop, users will need to take on the risk of a potential loss from margin trading. In addition, the launch of their margin trading product would attract more trading volume and help boost liquidity on the platform. ((The margin trading function of BitMax.io is not available for North American markets.)
The BTMX token is instrumental to the digital asset trading platform and has a current price of $0.095 as of 12:00am EDT May 16.

BITMAX.IO ANNOUNCED THE MUTUALLY BENEFICIAL PARTNERSHIP

With the commitment to listing only industry top-quality products as part of its client-centric strategy, BitMax.io has expanded its global client base to over 150,000 registered users and 53,000 active community members. After establishing a strategic partnership with several top projects, BitMax.io has recently partnered =with DREP to driving forward the developments in the digital asset space. As DREP grows and continues to develop their blockchain solutions, their partnership with BitMax.io will further prove to be beneficial given their large community.
Xiaolong Xu, co-founder & CTO of DREP project, shares his thoughts on this new partnership: “There are mainly 3 reasons that we chose BitMax as our early-stage listing partner. The first reason being BitMax’s solid finance background and high-standard regulated operation in the space. Secondly, users from BitMax are active and that has great synergies with DREP’s vision to go to mainstream adoption. Thirdly, BitMax has a strong marketing arm to promote internationally and convert users into traders. By partnering with BitMax, DREP will be able to attract new users and garner greater publicity.”
Ariel Ling, Co-founder & Chief Operation Officer of BitMax.io, said, “Digital assets and blockchain have been leading the next wave of technologic innovation with huge potential impact on many aspects of world economy. BitMax.io is very excited to partner with DREP, a transformational blockchain project and support its strategic ecosystem growth with efficient primary listing of its tokens and deep liquid secondary trading market.”
For more information, follow BitMax.io on:
Website: http://www.BitMax.io
Twitter: https://twitter.com/BitMax_Official
Reddit: https://www.reddit.com/BitMax/
Telegram: https://t.me/BitMaxioEnglishOfficial
Medium: https://medium.com/bitmax-io
CONTACT: [[email protected]](mailto:[email protected])
Original link: https://www.ccn.com/bitmax-io-btmx-com-announces-strategic-listing-partnership-with-drep
submitted by BitMax_Support to BitMax [link] [comments]

Binance's monthly volumes continue to dominate. Launch of lending products, margin trading have helped Binance retain its position on the top as the exchange recorded a total volume of $28.45 billion in August.

submitted by jeffyal to BNBTrader [link] [comments]

Binance Update: Margin Borrowing Amount Crosses $100 Million. Further, Binance’s new version of its app, with support for lending has been rolled out to select users. It will have 100% coverage by Friday. Binance keeps expanding products, like Binance Jersey, futures trading.

Binance Update: Margin Borrowing Amount Crosses $100 Million. Further, Binance’s new version of its app, with support for lending has been rolled out to select users. It will have 100% coverage by Friday. Binance keeps expanding products, like Binance Jersey, futures trading. submitted by stevieyongieg to BNBTrader [link] [comments]

[HIRING] Frontend Developer for startup in SF

Hi all! My team is looking to hire a full time and onsite Frontend Developer (sorry not considering contractors or remote candidates).
We are a Series A funded fintech/blockchain startup with a mission is to build the future of decentralized finance and globally democratize financial services. Our first product, expo, allows efficient and secure margin trading on cryptocurrencies such as Ethereum. Expo makes the normally complicated process of margin trading as simple as buying a token. We’re currently building a pro version of our margin trading product, and in the future plan to build products for options and other types of derivatives.
We are looking for at least 2+ years commercial experience using JavaScript, React, CSS and Redux.
Curious to learn more about the role?
Apply here
submitted by Thiccpeas to jobbit [link] [comments]

Robinhood removed $560 from my account without notice

I've been using Robinhood for a couple years, and was part of their beta program for the margin trading product, which would become "Gold." I've regularly used margin for trading over the last year or so, charged to my account monthly at a rate of 3.5% of the borrowed amount (generally about $50-$60 a month). This would show on my monthly statements as "Debit Interest Expense."
Fast forward to late January/early February - I never used to day trade stocks, but around this time my account equity rose above $25k, so I began to make a number of roundtrip trades. Then one day I received an email that their clearing partner (APEX) had placed a restriction on my account, restricting me from buying stock due to my previous day's trading activity. It said they would reach out to Apex for more details and contact me. I was very confused by this, because I had made sure the account equity never fell below $25k, so it couldn't have been for trading while marked as a pattern day trader. However, I soon heard back that was exactly what happened - they claimed I opened a trading day with $24,694, despite my screenshots showing in the app that I opened the day at $25,354. I emailed back and argued, but they kept saying it was a valid restriction.
I decided I was done with it and would withdraw all my funds to go back to my old brokerage. However, when I tried to withdraw the $25k+, the withdrawal would fail - I tried 6 times. Finally I was able to get in touch with them, and after painfully long hold times and email back and forth, they determined there was a "mismatch" between the balance showing in Robinhood and the balance Apex was showing on their end. They said they would research more and get back to me (never did, and it's been more than a week). Then one day this week, my balance was lowered by $560 without notice - no showing of the transaction in my history, or an email notification or anything.
What I suspect happened based on the $560 amount, is that Apex was accounting for my monthly margin payments on their balance, but the Robinhood balance was not reflecting in the app balance. So, I was making trading decisions (particularly around day trading) with completely inaccurate account equity information from robinhood, which ultimately resulted in being flagged a pattern day trader, and restricted from opening any new positions for 3 months - all of which could have been avoided had Robinhood's app worked properly.
Any suggestions on what I can do to try to get this money back? The broker there that I spoke with has been unresponsive, and after a 2 hour wait on the phone, the agent I spoke to claimed she lacked the knowledge to help, and that all the brokers were currently in a "broker meeting." Is this worth a FINRA complaint?
submitted by chaser713 to RobinHood [link] [comments]

Spot trading is used to protect costs as well as profit margins on products and services that are sold abroad. #forex #forextrading #forextrader #mvr

Spot trading is used to protect costs as well as profit margins on products and services that are sold abroad. #forex #forextrading #forextrader #mvr submitted by MoneyValueReaserch to u/MoneyValueReaserch [link] [comments]

Bitfinex’s 100x margin trading derivatives product is ‘ready for prime time’

Bitfinex’s 100x margin trading derivatives product is ‘ready for prime time’ submitted by n4bb to CoinPath [link] [comments]

Announcement: Market Protocol is now live on mainnet - Our first product allows you to trade long or short leveraged BTC on Ethereum - Without margin calls, socialized losses, and without borrowing. 100% Collateralized by DAI.

Announcement: Market Protocol is now live on mainnet - Our first product allows you to trade long or short leveraged BTC on Ethereum - Without margin calls, socialized losses, and without borrowing. 100% Collateralized by DAI. submitted by MARKET_Protocol to ethtrader [link] [comments]

[Product Overview] Bybit Margin Trading and Risk Limit

[Product Overview] Bybit Margin Trading and Risk Limit submitted by FATSHAWNSMOM to CryptoCurrency [link] [comments]

[Product Overview] Bybit Margin Trading and Risk Limit

[Product Overview] Bybit Margin Trading and Risk Limit submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

[Product Overview] Bybit Margin Trading and Risk Limit

[Product Overview] Bybit Margin Trading and Risk Limit submitted by Bybit-official to eth [link] [comments]

[Product Overview] Bybit Margin Trading and Risk Limit

[Product Overview] Bybit Margin Trading and Risk Limit submitted by Bybit-official to btc [link] [comments]

Poloniex to Delist Three Assets Also Remove Margin Trading and Lending Products https://ift.tt/2RqyfQY

Poloniex to Delist Three Assets Also Remove Margin Trading and Lending Products https://ift.tt/2RqyfQY submitted by bitnewsbot to bitnewsbot [link] [comments]

Bitfinex says its 100x margin derivatives product is ‘ready for prime time’. Qualified Bitfinex account holders will be able to trade a new hedging product through a derivatives wallet,” the whitepaper stated, adding that the product will have “USDt-based collateral

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Day Trading Margin! SHOULD YOU USE IT? Margin Call (2011) - Peter Sullivan discovers the firm's ... SEBI new circular on intraday trading margin DOUBLE YOUR BITCOIN WITH THESE 5 SNEAKY HACKS Top 5 Profitable Scrap Business With Low Investment - YouTube

Margin Trading: In the stock market, margin trading refers to the process whereby individual investors buy more stocks than they can afford to. Margin trading also refers to intraday trading in India and various stock brokers provide this service. Margin trading involves buying and selling of securities in one single session. Over time, Margin isn't a type of investment security, like a stock, mutual fund, or bond. It's money you borrow to invest in a particular security. Before you dive into the world of margin trading, it's important to know how this investing technique works. Learn more here. Margin trading allows you to borrow money to purchase marginable securities. When combined with proper risk and money management, trading on margin puts you in a better position to take advantage of market opportunities and investment strategies. Margin trading entails greater risk, including, but not limited to, risk of loss and incurrence of margin interest debt, and is not suitable for all investors. Please assess your financial circumstances and risk tolerance before trading on margin. Margin credit is extended by National Financial Services, Member NYSE, SIPC. Trading on margin. Buying securities on margin allows you to acquire more shares than you could on a cash-only basis. If the stock price goes up, your earnings are potentially amplified because you hold more shares. Conversely, if the stock moves against you, you could potentially lose more than your initial investment.

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Day Trading Margin! SHOULD YOU USE IT?

Follow me on Stocktwits and subscribe to my YouTube channel!!! I give free trade alerts on Stocktwits And free trading education on my channel I'm going to stay free. If u want to support the ... Day Trading Margin! Should you use it? Now thats a good question and it seems that some people are confused on how Margin works and why its an everyday tool for DayTraders. Talking about Margin ... "How huge?" "...the losses are greater than the current value of the company" "Projected losses." Short of funds to buy shares? Go for Margin Trading. In this video Vipin G informs you how you can buy shares instantly with Margins or with Stocks as collaterals. #mtf #sensex #nifty #investments Top 5 profitable scrap business ideas to start with low investment. These scrap business will give you high profit margin. Anyone can start these scrap busin...

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