Financial Transaction Tax - News and Current Events | futures io social day trading
futures io futures trading


Financial Transaction Tax
Updated: Views / Replies:1,022 / 9
Created: by Zondor Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Financial Transaction Tax

  #1 (permalink)
Elite Member
Portland Oregon, United States
 
Futures Experience: Beginner
Platform: Ninjatrader®
Broker/Data: CQG, Kinetick
Favorite Futures: Gameplay Klownbine® Trading of Globex
 
Zondor's Avatar
 
Posts: 1,327 since Jul 2009
Thanks: 1,246 given, 2,635 received

Financial Transaction Tax

This would be the nail in the coffin for futures day trading.

Read The Bill: S. 1787 - GovTrack.us

Reply With Quote
 
  #2 (permalink)
Just a boy
Auckland, New Zealand
 
Futures Experience: Beginner
Platform: Sierra Chart
Broker/Data: AMP/CQG
Favorite Futures: Whatever moves in my timezone
 
Posts: 1,803 since Sep 2009
Thanks: 3,165 given, 1,372 received

Tend to agree

See my post here:

https://futures.io/news-current-events/16083-cbo-tobin-tax-dont-do.html#post176506

Reply With Quote
 
  #3 (permalink)
Elite Member
new york
 
Futures Experience: Beginner
Platform: SC, NT
Favorite Futures: CL, GC
 
Posts: 213 since Sep 2009
Thanks: 99 given, 113 received


I thought this is dead in the water?

I guess politicians need Wall Street double up their "contributions".

Reply With Quote
 
  #4 (permalink)
Just a boy
Auckland, New Zealand
 
Futures Experience: Beginner
Platform: Sierra Chart
Broker/Data: AMP/CQG
Favorite Futures: Whatever moves in my timezone
 
Posts: 1,803 since Sep 2009
Thanks: 3,165 given, 1,372 received

It's Europe


cw30000 View Post
I thought this is dead in the water?

I guess politicians need Wall Street double up their "contributions".

I suspect because the EuroZone have agreed to do it (and this is why the UK didn't want any part of the new EU treaty) the advocates for it in the US have got a new lease of life.

Reply With Quote
 
  #5 (permalink)
Elite Member
San Diego, CA USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES
 
GridKing's Avatar
 
Posts: 3,650 since May 2011
Thanks: 588 given, 877 received

Financial-Transaction Tax for Europe Urged by Schaeuble, Monti in Letter - Bloomberg

"Successful trading is one long journey, not a destination" Peter Borish Former Head of Research for Paul Tudor Jones speaking on conversations with John F. Carter
Reply With Quote
 
  #6 (permalink)
Trading Apprentice
Davao philippines
 
Futures Experience: Master
Platform: transact,vankartrader,ib,tos
Favorite Futures: ES
 
Posts: 42 since Apr 2012
Thanks: 1 given, 18 received

this is a socialist-marxist approach. it starts with a small amount and goes higher and higher every year until it reaches a large fraction of each trade taking out the principal. that is the goal.
socialists in europe are desperate. in fear. they see how everything goes down and there is no financing any more. southern europe is bankrupt and central/northern europe is not able to finance even part of the debt of southern europe. this is only the beginning. but it is a huge opportunity for shortselling

Reply With Quote
 
  #7 (permalink)
Elite Member
desert CA
 
Futures Experience: Intermediate
Platform: NT7, TOS
Broker/Data: AMP/wCQG, TDA
Favorite Futures: CL,YM
 
Posts: 2,027 since Jul 2011
Thanks: 2,211 given, 1,551 received

new FTT possible with the new president?

https://www.washingtonpost.com/opinions/katrina-vanden-heuvel-its-time-to-tax-fi...586_story.html?tid=a_inl

https://www.washingtonpost.com/opinions/would-mr-sanderss-financial-transaction-...-1d10062cc82d_story.html

Reply With Quote
 
  #8 (permalink)
Market Wizard
Bangkok
 
Futures Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
 
DionysusToast's Avatar
 
Posts: 2,669 since Nov 2010
Thanks: 776 given, 8,721 received
Forum Reputation: Legendary

Markets would simply up and leave if this was levied.

I would wager London would be the beneficiary.

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io "Ask Me Anything" thread
Reply With Quote
 
  #9 (permalink)
Elite Member
desert CA
 
Futures Experience: Intermediate
Platform: NT7, TOS
Broker/Data: AMP/wCQG, TDA
Favorite Futures: CL,YM
 
Posts: 2,027 since Jul 2011
Thanks: 2,211 given, 1,551 received

Having Killed Their Equity Market, China Unleashes "Tobin Tax" For FX Market | Zero Hedge

Reply With Quote
 
  #10 (permalink)
Elite Member
desert CA
 
Futures Experience: Intermediate
Platform: NT7, TOS
Broker/Data: AMP/wCQG, TDA
Favorite Futures: CL,YM
 
Posts: 2,027 since Jul 2011
Thanks: 2,211 given, 1,551 received


The candidates on a possible FTT or capital gains tax change:

Trump has less respect for Wall St than Obama - Sep. 2, 2015
Wall Street likes Kasich as president: CNBC Fed Survey
Republican Marco Rubio winning Wall Street fundraising race | Reuters

Hillary Clinton to propose tax on high-frequency trading in Wall St reform
What would Bernie Sanders' Wall St. tax look like? - MarketWatch


Last edited by Cloudy; March 16th, 2016 at 02:48 AM.
Reply With Quote

Reply



futures io > > > > Financial Transaction Tax

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Europe Readies Plan for Tax on Financial Transactions Quick Summary News and Current Events 1 September 27th, 2011 09:54 PM
Financial Face Palm WayneA Off-Topic 0 August 4th, 2011 11:36 PM
Financial Overhaul Bill May Be Reopened to Change Bank Tax Quick Summary News and Current Events 0 June 29th, 2010 03:30 PM
Eurozone (at Financial Times) Quick Summary News and Current Events 0 May 23rd, 2010 02:10 PM


All times are GMT -4. The time now is 06:43 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-12 in 0.15 seconds with 19 queries on phoenix via your IP 54.145.51.250