Recent content by webbew

  1. W

    IB can liquidate your positions whenever they want?

    I don't have problem with liquidations if they are legit. To be fair on IB, their liquidating prices are not that bad. The problem is a lot of liquidations are obviously wrong. After they are contacted, they take long time to process it. During that time, if it's in their favor, they bust them...
  2. W

    IB can liquidate your positions whenever they want?

    Actually this would not happen at all if there were not wrong liquidations the previous day. I had ES Sept 1150P/1100P bear spreads and ES Sept 1150P/Aug 1100P calender spreads and some other positions. There were a brief bid and ask outage for Sept 1150P. At the time my Sept 1150P should be...
  3. W

    IB can liquidate your positions whenever they want?

    On Friday 8/19/2011, Interactivebrokers liquidated my 5 positions. The reason was I didn't have enough cash to cover option assignments. I reviewed my account statements the following Sunday and found 1 account didn't have enough cash and 2 liquidations are valid. But the other 2 accounts had...
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