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    "The Strategy": a theory of market manipulation by big funds (Knuteson, 2018)

    I just found this article ("How to Increase Global Wealth Inequality for Fun and Profit"), which seems like it was much-discussed when it was published a year ago. Author points to the stark difference between intraday vs non-market-hour returns for all the major indices (noting that...
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    Anyone trade the USX currency option product on the Montreal exchange?

    I don't understand this product: - https://www.m-x.ca/produits_options_devises_en.php - https://www.m-x.ca/nego_cotes_en.php?symbol=USX* I found it a few years ago when I was looking to hedge my CAD / USD currency exposure risk, but despite it having existed for 3+ years, it still has next to...
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    Is "Smart" order routing a sucker's play (for either fees or execution?)

    Yeah, that's what I was trying to get at with my natively-supported vs simulated comment...if it's just kept on IB's side and auto-sent when Offer hits the limit price, then it's no different than doing it manually...but don't most US exchanges support native "hidden" order types that sit at the...
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    Is "Smart" order routing a sucker's play (for either fees or execution?)

    That's why I'm posting here...trying to learn something I never bothered to look into before. I'm hardly "blaming" IB or an Exchange; the fees are what they and disclosed in full. (Moreover, as another poster stated, an absolute commission figure doesn't really tell you anything without knowing...
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    Is "Smart" order routing a sucker's play (for either fees or execution?)

    TLDR: I've always used IB's default "Smart-routing" for my orders. Does that end up costing me more in fees? Why does Volume seem to trade at my Limit (to other people) even when I was the first to submit an order at that price, and how can I configure my order routing to ensure my...
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    Account manager at IB

    Thanks for reply; I appreciate the interest in providing info, even when you don't have 100% certainty -- I wish more reps would take a similar approach to customer service. IB's a frequent punching bag because of uneven CS (I myself have had several interactions that left me stunned at how...
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    Account manager at IB

    Hi, I'm sure you saw the follow-up posts asking the same Q, so I imagine(?) there's a reason why you haven't given the dollar-figure, but what is either (a) the account balance, or (b) amount of commissions generated that qualifies one as a "HNW individual" eligible for either an individual...
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    Where to find quotes for options that trade in London (LSE)?

    I've never traded options on non-North-American exchanges, but looking for options quotes for company Flutter Entertainment (LSE: FLTR). I know it has an options chain of some sort (here it is in IB's contracts database), but I'm not quite clear what I'm looking at...it appears to trade in GBP...
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    Any research on SP movement on post-expiration Mondays?

    Yes, my low-sample-size observations would seem to suggest that I was observing the same; but I created the thread hoping to learn whether it was all in my head, or whether there was indeed research to suggest that big players are able to exert some semblance of control on a SP as expiration day...
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    Any research on SP movement on post-expiration Mondays?

    Wondering if there's any research on stock price movement on the Monday following option-expirations (focused, perhaps, on Monthly options since much higher volume vs Weeklies). I want to know if it's common (or even possible) for market-makers (or anyone with big short positions) to apply...
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    IB's new Excel DDE using the socket bridge

    May be out of my depths here, but wouldn't "RTD Throttle" only pertain to the RTD api? OP is asking about DDE, their other api process which doesn't have anything to do with RTD...right? @Brennen81, did you ever figure this out? What are your impressions of the NewTwsDDE api...my old workbook...
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    Looking for real-time option data in DOWNLOADABLE (csv?) format

    Hm, I hadn't heard of this before; looks interesting...is this API available to the general public, or does it perform some kind of authentication check to ensure users are indeed TD customers? I have TD and TOS accounts, so assume that I'm eligible to use it? Though documentation for non-dev's...
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    Looking for real-time option data in DOWNLOADABLE (csv?) format

    Yes, you're correct that I am indeed trying to import a lot of data, which is why I've found any sort of API solution impractical. FWIW, the data I want to download/import wouldn't have to have the identical timestamp...like, it'd be fine if they were simply all grabbed/downloaded within a...
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    Looking for real-time option data in DOWNLOADABLE (csv?) format

    I want intraday real-time data for entire option chains in a format that's easily downloadable (so I can get it into Excel.) There are obviously plenty of data providers that sell end-of-day files of historical data, but as for real-time / intraday quotes, I can't quite find it. I currently use...
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    Where can I see the official closing price used for option auto-exercise on Fridays after close?

    Thanks, this is helpful -- am I understanding correctly that the 'closing auction' doesn't occur immediately at 4pm or just prior? So the 'official' closing price isn't determined until ~5 mins after 4pm?
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    Where can I see the official closing price used for option auto-exercise on Fridays after close?

    Thanks for the replies, and I'd actually coincidentally already found/read that link while searching for an answer...yes, I already understand the concept of after-hours risk on expiration Fridays -- yet another reason to close out, whenever possible (within reason) of any short positions...
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    Where can I see the official closing price used for option auto-exercise on Fridays after close?

    Quick follow-up -- I know that IB provides the ability to transmit "force Lapse" or "force exercise" instructions for options that are slightly ITM / OTM respectively, which would ostensibly give you control over this...but I feel as though reps have given me slightly different feedback on...
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    Where can I see the official closing price used for option auto-exercise on Fridays after close?

    I was long 10 x CGC Sep 20 $25.50 Puts; the price was bouncing above/below $25.50 as markets closed and there was activity just after close around that level...so I was sitting there at 4:05pm unsure of what price would be used to determine whether those Puts would be auto-exercised (by IB) or...
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    Anyone use the new socket-based DDE API? Thoughts?

    Anyone? Guess not? Strange, figured a lot of folks would use the DDE API and have been eager to try this new update, but guess not(?)
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