Recent content by BerkeleyFutures

It really depends on volume of business tranacted etc but, for sake of argument, an person trading 1 lot business would expect to pay $15 per lot round turn, inclusive of clearing, exchange fees and brokerage charges.

If anyone does wish to trade Lumber or any other pit traded markets, as a service broker, Berkeley Futures will happily offer you access to this as well as electronically traded futures.

If any trade2win customers who might be concerned regarding the security of their funds held at Sentinel Managemnet Group, who hold funds for various US based Futures Commission Merchants, and who are allegedly currently facing fraud charges from the U.S. securities watchdog claiming the...

Hi Grant, We're not really a deep discount broker however we do offer service and run a dealing desk etc so we tend to charge a bit more and offer a lot more in terms of service. In addition rates come down the more active you are etc.

Hi Grant, For writing covered options we charge £6 per option per side with a minimum charge of £10 and for stock dealing we charge 0.5% with a minimum charge of £30. If you have any other questions then please let me know.

Hi Grant, yes you can also buy stock throgh Berkeley. And with regards to the collateral what you say is right because in effect it summounts to the same thing. This is because the collateral value of the stock you have bought and written an option against is always going to be greater than the...

Thats not actually what i said. Berkeley Futures does use SPAN to calculate the appropriate margin rqeuirement. I was saying that instead of lodging funds as collateral to meet that span margin requirement you can lodge various types of collateral. For example Gilts, Bullion are other acceptable...

Commisions are dependent on volume and we will happily quote you a rate for expected monthly volume. There are three levels of functionality to the platform which starts at £30 per month for the basic platform which offers 90% of the functionality available. The next level up costs £60 per...

If any one would like a free trail of this platform please email [email protected] and quote Trade2Win and i will get one sent out to them as soon as possible

Hi Grant, Berkeley Futures Ltd, I company that i work for, allow you to write options on a covered basis on UK stock. You get a haircut value against the stock depending on the quality of the stock that you lodge as collateral. This means that you can lodge vodaphone stock and write BT options...

You can backtest and optimise your system using our latest trading platform Berkeley IQ trader. You would need to subscribe to the advanced version which costs £60 per month and then would need to subscribe to the 5years back data in order to have information to test this on. If you would like...

Hi Chorlton We will be shortly launching a platform where you can program it to enter orders, including limit and stop orders, when the market reaches a certain levels. Then in effect you can switch it on and leave it to execute your orders for you. I'll let you know when its available.

Anley, You are right to say that my answer was not clear. This is because the regulators themselves don't make it crystal clear. The best protection you have is to be treated as a private customer and it is likely that a private customer will have the greatest protection and have access to...

The spread on the exchange is a function of the liquidity going through the exchange at any one time. It is true to say that at some times in the day, especially in the mornings GMT that the spread may be larger as liquidity is thinner. The spread on the front month mini s&p is 0.25point when...

Hi Bulldozer, all good questions and i will answer them as best i can. 1) It wouldn't be very professional of me to sling mud at other brokers so i won't. But i will point out 1) major difference between Berkeley and a pure on-line broker. We tend to be able to offer a level of flexibility...