Factually I thought a lot where to post my questions here or in First steps forum, but decided that this forum is more appropriate.
I am interested in stock options on Turquoise or NYSE LIFFE, maybe somebody trades there and can help me. I viewed their sites but couldn`t find full description of the process of trading.
All this options are margined? and should I pay premium? also when money are written off?(immediately or in the evening)
How I understand all stock options are physically settled but I don`t fully understand the process of delivary. I meant should I have different accounts for stocks and options (and then how should I link them) or I can use only one account. What`s more when I should deliver stocks, if it is going automatically should I mark which stocks can be used for this. And what if I don`t have required stocks in my account.
and one more question, maybe somebody knows, why the majority of stock options are american-style options, although this can be inconvenient for sellers
thank you in advance
I am interested in stock options on Turquoise or NYSE LIFFE, maybe somebody trades there and can help me. I viewed their sites but couldn`t find full description of the process of trading.
All this options are margined? and should I pay premium? also when money are written off?(immediately or in the evening)
How I understand all stock options are physically settled but I don`t fully understand the process of delivary. I meant should I have different accounts for stocks and options (and then how should I link them) or I can use only one account. What`s more when I should deliver stocks, if it is going automatically should I mark which stocks can be used for this. And what if I don`t have required stocks in my account.
and one more question, maybe somebody knows, why the majority of stock options are american-style options, although this can be inconvenient for sellers
thank you in advance