Jorma Posted April 27, 2022 Report Share Posted April 27, 2022 Wild currency swings can blow up hedge funds with their carry trades, especially the Yen. No word on margin calls and accidents yet. Link to comment Share on other sites More sharing options...
potatohead Posted April 27, 2022 Report Share Posted April 27, 2022 1 hour ago, DrStool said: The euro has landed. one small step for Lee's arbitrage position, one gigantic step for confidence in the ECB Link to comment Share on other sites More sharing options...
Jimi Posted April 27, 2022 Report Share Posted April 27, 2022 Heh Lee! How did you move cash from your house sale in Florida into euros? If we reach parity, I think I'd move a chunk of dollars into euros in anticipation of an eventual retirement apartment. Link to comment Share on other sites More sharing options...
The CoinGuy Posted April 27, 2022 Report Share Posted April 27, 2022 I'll repeat again for those weren't around when I initially posted this... "The window opens tomorrow and closes Saturday at midnight CST." That is why I said...I'm waiting for news. I still am... I'm taking the rest of the day off...it's too nice today to just sit inside. Best, TCG Link to comment Share on other sites More sharing options...
sandy beach Posted April 27, 2022 Report Share Posted April 27, 2022 1 hour ago, Jimi said: Heh Lee! How did you move cash from your house sale in Florida into euros? If we reach parity, I think I'd move a chunk of dollars into euros in anticipation of an eventual retirement apartment. Have you checked out Interactive Brokers? They charge 0.20 basis points for under a million ($2.00 minimum for the first $100,000) and the rates go down after a million: https://investors.interactivebrokers.com/en/index.php?f=1590&p=fx Alternately your can attach an FX market order to a trade when buying securities in other countries: https://www.interactivebrokers.com/en/index.php?f=47638 Link to comment Share on other sites More sharing options...
The CoinGuy Posted April 27, 2022 Report Share Posted April 27, 2022 Have a great day everyone. Take care, TCG Link to comment Share on other sites More sharing options...
DrStool Posted April 27, 2022 Author Report Share Posted April 27, 2022 1 hour ago, potatohead said: one small step for Lee's arbitrage position, one gigantic step for confidence in the ECB 😄😄😄 Link to comment Share on other sites More sharing options...
DrStool Posted April 27, 2022 Author Report Share Posted April 27, 2022 1 hour ago, Jimi said: Heh Lee! How did you move cash from your house sale in Florida into euros? If we reach parity, I think I'd move a chunk of dollars into euros in anticipation of an eventual retirement apartment. Moved some of it. Not all of it. Too much, unfortunately. Coulda shoulda woulda. My bank has a euro deposit account, but the haircut is obscene. I should have opened an account at Interactive Brokers, deposited the doodahs there and made the switch there. Would cost next to nothing. Thing is, I despise Thomsass Petersflysopen, and I didn wanna do it. Didnwanna do it. So I paid through the nose instead. The chunk I left in doodahs will be moved to an IB Yourapeein account that I open here. Probably will open the account next week now that I will have a permanent address Tamara. Link to comment Share on other sites More sharing options...
DrStool Posted April 27, 2022 Author Report Share Posted April 27, 2022 19 minutes ago, sandy beach said: Have you checked out Interactive Brokers? They charge 0.20 basis points for under a million ($2.00 minimum for the first $100,000) and the rates go down after a million: https://investors.interactivebrokers.com/en/index.php?f=1590&p=fx Alternately your can attach an FX market order to a trade when buying securities in other countries: https://www.interactivebrokers.com/en/index.php?f=47638 Beat me to it. But I can't open a US account. Brokers are not allowed to open accounts for non-residents, regardless of citizenship. Link to comment Share on other sites More sharing options...
DrStool Posted April 27, 2022 Author Report Share Posted April 27, 2022 Roll over Beethoven. I think Joe is hurt. Link to comment Share on other sites More sharing options...
Jimi Posted April 27, 2022 Report Share Posted April 27, 2022 Thanks, gents! I will look forthwith at opening an IB account, despite me now also not liking... Thomsass Petersflysopen? Is he related to Mr. Manfrengensen? Link to comment Share on other sites More sharing options...
DrStool Posted April 27, 2022 Author Report Share Posted April 27, 2022 Yes Link to comment Share on other sites More sharing options...
DrStool Posted April 27, 2022 Author Report Share Posted April 27, 2022 Dive Link to comment Share on other sites More sharing options...
DrStool Posted April 27, 2022 Author Report Share Posted April 27, 2022 Wishful thinking. Link to comment Share on other sites More sharing options...
DrStool Posted April 27, 2022 Author Report Share Posted April 27, 2022 De Cannes France Je dit, Bonne nuit et bonne chance! Link to comment Share on other sites More sharing options...
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