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    Is there a reason to EVER use IB SMART for Limit orders?

    Open the Global Configuration dialog seen below by clicking "Configure" toolbar item. Select "Smart Routing". Click the "Stock Strategy" drop-down.
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    Is there a reason to EVER use IB SMART for Limit orders?

    The Stock Smart Router has several possible configurations for handling non-marketable limit orders that you can chose from: Default Highest Rebate Primary Exchange Highest Volume Exchange with Rebate High Volume Exchange with Lowest Taker Fee The Default aims for a compromise between...
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    IB's "IBIS"

    It is now possible to click trade on the IBIS watch list. You need to use the Beta TWS version 923 to access that functionality.
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    IB's option cancellation fee

    The feature has been released. You need to use the current Beta release of the TWS, version 923 to access it.
  5. I

    IB's option cancellation fee

    The feature has been released. You need to use the current Beta release of the TWS, version 923 to access it.
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    IB's "IBIS"

    This is now available.
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    Decimal price with IB

    TWS allows you to price your order in multiples of minimal price increments, which are decided by the exchange and vary between various instruments. You cannot submit a SPY order priced at 125.001 to IB, because we would be not able to send it to an exchange with that price; the min incr for...
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    IB TWS sucks for Options trading

    responded on page 5, with pictures may be faster to get on the same page if you PM me how we can contact you
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    IB TWS sucks for Options trading

    What is the implied cash problem?
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    IB TWS sucks for Options trading

    One can populate the interest rates automatically. Please see attached.
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    IB TWS sucks for Options trading

    One can price index options against index futures. Please see attached.
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    IB TWS sucks for Options trading

    We don't mind professional option traders competing with TH for two reasons: (i) they are going to trade options and compete one way or another; we would rather have them do so through IB, so that we can at least earn a commission (ii) the brokerage is our growth business; that is where we...
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    IB TWS sucks for Options trading

    We do not mind professional option traders competing with Timber Hill. As a matter of fact, we have some well known clients doing a lot of business using the vol orders. Would you PM me what in your mind deems the vol trader useless? Thank you.
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    IB's option cancellation fee

    Before the end of the year.
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    IB's option cancellation fee

    We will schedule the implementation of OCA for combos.
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    IB TWS sucks for Options trading

    We can relatively easily add OCA (one cancels another). Would you be willing to PM me what you are missing the most from IB's option trading? Thank you.
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    IB Margin Changes

    This has nothing to do with the IB agreement. In stocks two parties can agree to do an off-exchange transaction and as long as the trade price does not violate the NBBO, they can simply "print it". The exchange listed options and futures only trade at the exchange. What you describe can not...
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    IB Margin Changes

    1) Yes, the auto-liq software has the capability to use combinations/strategies. 2) We have various circuit-breakers that monitor (i) portfolio value and margin value jumps on the individual accounts level and system-wide level, as well as (ii) number of recent auto-liquidation trades...
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    IB Margin Changes

    TH does not have the edge and does not seek to have the edge you describe. The option auto-liquidation orders are sent to the exchange with the best price. If TH was on the actionable side of the NBBO BEFORE IB sent the liquidation order there, it may get a portion of the fill. If TH was not...
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