Recent content by teun

Probably, if he pays $1200/day on commissions...

So possibly the first order was not sent to an exchange (in which case nobody can see it). Or are you sure that the order was sent to an exchange?

In both cases you must have removed liquidity. On PHLX you pay for this (not for all options btw) and on BOX you get paid for this.

Simple solution: just connect to your computer at home that has TWS running...

Do you already know what happened? Stocks are up fortunately.

The stock can also trade higher on monday... The good news is that your position will be liquidated in a liquid market (10 minutes after market opening and assuming it is a stock with a market cap of at least few 100 million $). Therefore expected result = 0 (compared to selling options...

All depends on what order type you use. My experience is that non-marketable SMART orders are almost always executed at an exchange. And as almost all exchanges use rebates you have lower commission. For market orders it's a different story. No rebates and more often executed @ SMART (i.e. no...

You're talking about stocks? With unbundled you get lower IB commissions + rebate from exchange. If you use limit orders. Example for BATS, 1000 shares: unbundled: (0.0035 - 0.0025) x 1000 = $1 bundled: 0.005 x 1000 = $5 In case you remove liquidity unbundled might be slightly...

Demo system is quasi random data.

Here also some pics: http://www.nrc.nl/inbeeld/2011/08/05/paniek-op-wall-street/ I think you can make these at any day of the year...

Today I saw a higher than expected commission at an option trade that executed at the Boston Option Exchange. I expected a rebate of $0.45 per contract (as I clearly added liquidity) but instead got an additional fee of $0.65 per contract. The IB site actually shows that this is true, but I...

I just came across a link where this is confirmed: http://zerohedge.blogspot.com/2009/04/spy-have-become-hard-to-borrow.html

Still not available as of today.

“Excess-margin securities” are securities that have not been completely paid for, but whose market value exceeds 140% of the customer's margin debit balance. In this disclosure and in the relevant agreements, we collectively refer to fully-paid and excess margin securities as “Fully-Paid...