Hi, I've been looking for it -_-''
So different from US stock markets.
Well, like the questions
Please recommend internet-based broker that allow me to trade --seeing the live quote-- of Japanese and England stock/futures.
thanks a lot :-)|||This might be what you are looking for.
http://www.interactivebrokers.com/ibg/ma鈥?/a>
Not only U K and Japan but also Hong Kong, Germany, France, Canada, Mexico, Australia, Singapore. Unfortunately India is not represented.
Tuesday, December 6, 2011
Tax Help: Estimated Taxes Required for Futures Accounts?
I invest in commodity and financial futures and would like to know whether I need to pay quarterly estimates taxes based on appreciation in my account value at the end of each quarter. This investment can be quite volatile so a gain at the end of Quarter 1 may quickly disappear in Quarter 2. I don't want to pay taxes that may be refunded eventually.
Thanks for any help!|||You only have to pay tax on the net results of your trades (gains and losses), not the value of the futures contracts that you hold.|||http://helpabrothaout.info|||You need to get form 2210 and plug your actual numbers into each "quarter"--then pay the amount the IRS will require you to have paid to avoid a penalty. Then when you file for 2008, move the numbers to the 2008 form and file it with your tax return.
Thanks for any help!|||You only have to pay tax on the net results of your trades (gains and losses), not the value of the futures contracts that you hold.|||http://helpabrothaout.info|||You need to get form 2210 and plug your actual numbers into each "quarter"--then pay the amount the IRS will require you to have paid to avoid a penalty. Then when you file for 2008, move the numbers to the 2008 form and file it with your tax return.
What is the difference between futures and call/put options?
Most detailed answer that helps me understand it better, gets best answer. Thank you.|||With a futures contract, both sides of the contract are agreeing to trade at a specific price at a specific date in the future. Therefore the buyer has to buy at that future price unless he sells his side of the contract to someone else and the seller has to sell at that future price unless he sells his side of the contract to someone else.
An option gives one side the right to a price at a future date, they don't have to use that right and can walk away from the trade. Hence a call option is a contract where the person selling the call has the obligation to sell at the stated price in the future but the person buying the call option and hence the right to that specified price in the future doesn't have to go through with the trade if he doesn't want to.|||Full explanation here: http://www.optiontradingpedia.com/differ鈥?/a>
An option gives one side the right to a price at a future date, they don't have to use that right and can walk away from the trade. Hence a call option is a contract where the person selling the call has the obligation to sell at the stated price in the future but the person buying the call option and hence the right to that specified price in the future doesn't have to go through with the trade if he doesn't want to.|||Full explanation here: http://www.optiontradingpedia.com/differ鈥?/a>
What is the difference between futures and options in financial lingo?
I'm interested in learning more about these two forms of financial trading. thanks for some solid info including definitions, possible websites? Thank you.|||Both are standardized contracts that can be traded. They would give you the right to buy and sell a stock or delivery of commodities (grains, fruits, etc.). This is why they call them "derivatives". Both instruments are considered risky and may not be suitable for the novice.
Options: the right to buy (or sell) a stock (or any other financial asset) at any time, before the expiration date. At is inception, it sells (or can be bought) for little, compared to te actual stock price on thecontract. As expiration approaches, its price may rise.
Futures: the right to deliver (or receive delivery) a commodity at a specified date. The price paid is a guaranteed. In this fashion, the farmer knows what he/she will make. So do the manufacturer or retail store. To them, futures is a hedge intrument.
But to many others, futures is a very speculative market. People without any farm (or business at all) create these contracts, as if they actually owned a business. They can't ever deliver or take delivery, because they are just speculators sitting ata a desk. Some sell this contracts to "farmers", giving them a guaranteed price, but hoping the price of grains goes up to flip it (that is, turn aroud and sell it to a true buyer of the commodity, like a supermarket). Others sell a delivery contract the the supermarket, but really are speculators who are lloking for the price of the commodity to fall. They would buy the grain at the recently fallen price and deliver them to the supermarket. (in reallity, they would flip this contract in the trading market).
Hope this helps.|||An option gives you the right to buy or sell something at a agreed price, with a future, if you own it at expiry, you MUST buy or sell at the agreed price. Thus futures are a FAR higher risk than options, but also give far higher profits if done well. Futures are settled on a daily basis, so you cough up or get money on the changing price of the future on a daily basis. Options are only settled at expiry and at the choice of the owner of the option.|||Generally futures is used to refer to commodity trades and options is used to describe options on stocks.
They didn't trade futures on stocks for a number of years, since the '80's but I guess there are a few now. But for the most part the language is used as mentioned.|||The above likes right.
BTW you can by options on Futures as well just to make things a little more complicated.
For web sites: I usually start with Wikopedia but Investopedia can be very help as well.
Options: the right to buy (or sell) a stock (or any other financial asset) at any time, before the expiration date. At is inception, it sells (or can be bought) for little, compared to te actual stock price on thecontract. As expiration approaches, its price may rise.
Futures: the right to deliver (or receive delivery) a commodity at a specified date. The price paid is a guaranteed. In this fashion, the farmer knows what he/she will make. So do the manufacturer or retail store. To them, futures is a hedge intrument.
But to many others, futures is a very speculative market. People without any farm (or business at all) create these contracts, as if they actually owned a business. They can't ever deliver or take delivery, because they are just speculators sitting ata a desk. Some sell this contracts to "farmers", giving them a guaranteed price, but hoping the price of grains goes up to flip it (that is, turn aroud and sell it to a true buyer of the commodity, like a supermarket). Others sell a delivery contract the the supermarket, but really are speculators who are lloking for the price of the commodity to fall. They would buy the grain at the recently fallen price and deliver them to the supermarket. (in reallity, they would flip this contract in the trading market).
Hope this helps.|||An option gives you the right to buy or sell something at a agreed price, with a future, if you own it at expiry, you MUST buy or sell at the agreed price. Thus futures are a FAR higher risk than options, but also give far higher profits if done well. Futures are settled on a daily basis, so you cough up or get money on the changing price of the future on a daily basis. Options are only settled at expiry and at the choice of the owner of the option.|||Generally futures is used to refer to commodity trades and options is used to describe options on stocks.
They didn't trade futures on stocks for a number of years, since the '80's but I guess there are a few now. But for the most part the language is used as mentioned.|||The above likes right.
BTW you can by options on Futures as well just to make things a little more complicated.
For web sites: I usually start with Wikopedia but Investopedia can be very help as well.
What do they mean by fair value of futures and futures present value? How do they come to those figures?
I see this on CNBC every day! They seem to indicate that this could indicate that the stock market would rise on a positive number and fall on a negative number! Is this an indicator or pre market trading or overseas trading? How are they making the predictions for the day? What are they basing it on?|||Normally, S%26amp;P futures trade at a price in sync with the S%26amp;P index because if they didn't, someone could buy the cheaper and sell the more expensive for a guaranteed profit.
In the morning, S%26amp;P futures are trading in Chicago before the stock market opens in New York. If the futures are trading below the price of the index calculated from the previous day's closing prices, they are said to be trading "below fair market value". This inverse applies, too.
The reason this is an indicator of how the market will open is that a lot of institutions will sell/buy futures to get rid of/take on market exposure before the market opens. When they can do stocks, they will offset their futures position and move the position to stocks.|||Hi
Just to add, is there a way to know which direction the index will close?
|||To calculate fair value you take the cash future add on the days interest (to expiry) less any dividends from the underlying stocks. Any varience from this is due to supply/demand of the future and may or may not indicate where the market is going. You will see the DJ future will go from + to - during pre market hours and vice versa.|||no one knows !
i think the monkey does it !|||please read the stock market books and watch the all global markets|||Fair value is the theoretical assumption of where a futures contract should be priced given such things as the current index level, index dividends, days to expiration and interest rates. The actual futures price will not necessarily trade at the theoretical price, as short-term supply and demand will cause price to fluctuate around fair value. Price discrepancies above or below fair value should cause arbitrageurs to return the market closer to its fair value.
The following formula is used to calculate fair value for stock index futures:
= cash [1+r (x/365)] - Dividends
This example shows how to calculate fair value for S%26amp;P 500庐 futures:
Sept S%26amp;P 500 futures price = 1157.00 pts
S%26amp;P 500 cash index = 1146.00 pts
Interest rate = 5.7%
Dividends to expiration of futures = 3.42 pts
(converted to S%26amp;P points)
Days to expiration of Dec. futures = 78 days
Fair Value of futures = Cash [1+r (x/365)] - Dividends
= 1146 [1+.057 (78/365)] - 3.42
1156.54
Amount of futures overpricing = 1157.00 - 1156.54
.46 pts
In the morning, S%26amp;P futures are trading in Chicago before the stock market opens in New York. If the futures are trading below the price of the index calculated from the previous day's closing prices, they are said to be trading "below fair market value". This inverse applies, too.
The reason this is an indicator of how the market will open is that a lot of institutions will sell/buy futures to get rid of/take on market exposure before the market opens. When they can do stocks, they will offset their futures position and move the position to stocks.|||Hi
Just to add, is there a way to know which direction the index will close?
Report Abuse
|||To calculate fair value you take the cash future add on the days interest (to expiry) less any dividends from the underlying stocks. Any varience from this is due to supply/demand of the future and may or may not indicate where the market is going. You will see the DJ future will go from + to - during pre market hours and vice versa.|||no one knows !
i think the monkey does it !|||please read the stock market books and watch the all global markets|||Fair value is the theoretical assumption of where a futures contract should be priced given such things as the current index level, index dividends, days to expiration and interest rates. The actual futures price will not necessarily trade at the theoretical price, as short-term supply and demand will cause price to fluctuate around fair value. Price discrepancies above or below fair value should cause arbitrageurs to return the market closer to its fair value.
The following formula is used to calculate fair value for stock index futures:
= cash [1+r (x/365)] - Dividends
This example shows how to calculate fair value for S%26amp;P 500庐 futures:
Sept S%26amp;P 500 futures price = 1157.00 pts
S%26amp;P 500 cash index = 1146.00 pts
Interest rate = 5.7%
Dividends to expiration of futures = 3.42 pts
(converted to S%26amp;P points)
Days to expiration of Dec. futures = 78 days
Fair Value of futures = Cash [1+r (x/365)] - Dividends
= 1146 [1+.057 (78/365)] - 3.42
1156.54
Amount of futures overpricing = 1157.00 - 1156.54
.46 pts
Do you need to fill out a FAFSA to get Bright Futures?
My school site says I need to fill out a FAFSA and some loan forms, but I don't think I need to because I already have a Bright Futures scholarship. I'm waiting for them to respond to my email, but I thought I would ask you guys since you may have encountered the same problem.|||If you are only interested in receiving the Bright Futures scholarship, then you do not complete the FAFSA (Free Application For Student Aid - http://www.fafsa.ed.gov).
However, if you would like the financial aid staff at your school to consider you for any other financial aid awards for which you may be eligible, then you will need to complete the FAFSA application. For example, some schools have their own grant/scholarship funds for just their own students. If your school has such funds and if you choose not to complete and submit the FAFSA, then your school will not consider you for any such awards.
Also, you may get a faster reply (and definitely will be able to hold a conversation) if you telephone the financial aid office of your school and ask your question (and any others) of a real person. :-)
Best wishes
However, if you would like the financial aid staff at your school to consider you for any other financial aid awards for which you may be eligible, then you will need to complete the FAFSA application. For example, some schools have their own grant/scholarship funds for just their own students. If your school has such funds and if you choose not to complete and submit the FAFSA, then your school will not consider you for any such awards.
Also, you may get a faster reply (and definitely will be able to hold a conversation) if you telephone the financial aid office of your school and ask your question (and any others) of a real person. :-)
Best wishes
What is a futures market without risk-taking speculators providing hedges to suppliers & consumers of oil ?
Do any of you really understand what is the speculators/traders role in S%26amp;D commodity markets? Why villify them and not the commodity cartels like OPEC?|||Why vilify? I'm not vilifying them. They are putting themself out there in that manner. It is the speculators. I'm also sure in the end they will pay for their actions. Cornering the market is still a crime. The U.S went after Martha Stewart for acting in a manner that is common practice to investors. They nailed her trying to restrict her to the proverbial glass ceiling. These speculators are actually hurting people in their actions. I'm anxious to see who does what for their blatant misuse of the market.
Subscribe to:
Posts (Atom)