Had the same problem a few weeks ago for a symbol on OTCBB. According to the IB helpdesk the clearing stopped supporting the symbol. A few days later I was suddenly able to trade the symbol again.
Of course I understand that it is good news for people who lost a lot of money if negative balances are foregiven. However when my broker does this, it will impact it´s buffers and also form a risk for persons who didn´t gamble with huge leverage.
If you gamble with leverage you take a risk so...
Happened to me a few times.
They once asked me for a written explanation and warned me not to do it again.
After that it happened two times, both times I called them immediately that I made a mistake. Once the trade was cancelled the other time nothing happened.
greetz. DCT
Spread. So long BBI-B and short BBI.
When they would convert in a 1:1 ratio you would collect the discount.
However due to the rejection of the conversion the spread is back to 8 cents or something.
I did this spread a couple of times last months. However last month borrowing the...