Recent content by borg

An important IB customer told me that IB closed down some of its servers during the big move. Can anyone affirm this.

IB knows only BUY and SELL, that is, SHORT means SELL and COVER SHORT means BUY. Thus IB does not distinguish individual positions of the same security. In a spread order, you may maintain a LONG and a SHORT position at the same time, and have profit targets for both (no stop loss orders, but...

Does anybody know something about this rather expensive product which uses the Interactive Brokers API ?

What you will be charged will change every day as the so called benchmark rate (BM) of each currency will change every day. Currently the BM of USD is 0.110 % and that of the Euro is 0.347 %. So if you have Euros and buy US stock, your Euro balance remains the same while the Dollar balance...

Sure, I'm trading UK (currency GBP; exchanges LSE, VALUE) Belgium (EUR; SBVM) France (EUR; SBF) Germany (EUR; SMART, IBIS, FWB, SWB) Italy (EUR; BVME, not supported at this time by IB) Netherlands (EUR; AEB) Spain (EUR; BM, not supported for simulation account) Sweden (SEK; SFB)...

I tried the same thing, without success. Moreover, IDEAL allows only entire Euros to be traded, so you can never get rid of the Cents, apparently.

Yes, I should have searched for OANDA before. This chart however looks horrible. Pippi, where do you have it from? Could you give me more information about this product which apparently disappeared after its crash in 2008. I wonder how so much academic knowledge can produce something like...

Hi currency traders, I recently had a telephone conversation with Richard Olson, founder of the forex platform OANDA, because I was interested in his trading method based on so called scaling laws (see olsen.ch) This call ended in encouraging me (an IB customer) to use his OANDA paltform...

Indeed it is a somewhat tedious process to wire money to IB. I had many rejections until I managed to fund my own and my client's subaccounts. This however works for me: Wire your money. If there was a currency conversion involved, make sure you know the exact amount that has been wired...

I quickly went through this whole thread as I also once got a message that my account will be closed. I didn't get an explanation as to why but I suppose because of inactivity. So I called them and they said that I can ignore the message and I didn't insist on knowing the reason. In your...