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Yes, say the account does have > $25K equity. I think there is still that Reg T. requirement at the end of the day that prevents you from holding 4:1 on overnight positions though. Maybe someone who has held 4:1 overnight before, or someone from one of the brokerages, can jump in and...

If I understand correctly, accounts tagged as pattern day traders have 4:1 buying power. However, at the end of each day, Regulation T says that you must have 50% margin, which means that your max leverage at the end of the day cannot be greater than 2:1. Therefore the broker will start...

I see that the commission rate is 1 cent per share for first 500 shares. However, there is a NYSE specialist fee of 0.9 cents under miscellaneous fees. Does this mean the commission rate for NYSE stocks is actually 1.9 cents per share for trades less than 500 shares?

that is just how tws works. the time is base on the time of your omputer clock.

what is lightspeed? is it a data feed or a platform that allows you to enter trades? do you want windows api to pull data from lightspeed or do you want to be able to enter orders into lightspeed?

Does IB have a dedicated line connecting their U.S., HK, and Europe servers together?

bump i am seeing this in many different stocks. isuspect that IQFeed is not including the pre-market volume, but i'm not sure. anyone have an idea?

I am testing IQFeed data against a broker's. The volume data for some securities seem to be lagging. However the current bid/ask and sizes are not. For example, the volume on Costco (COST) is 853,990 (IQFeed) 870,735 (a broker's data) but the bid/ask and sizes are the same for both...

Can someone please explain to me how a firm can profit off customers when doing tis? An example or two would be great. Thanks.

Guys, the unemployment rate stays low because you are no longer counted after 6 months. To make the unemployment rate look better without actually increasing employment, all you have to do is let time pass and the unemployed will no longer be part of the statistic See my previous post on how...

This article shows how the unemployment rate is misleading and does not reflect the total number unemployed. If you are unemployed by more than 6 months, you are no longer counted. Below is an excerpt. "The "official" unemployment rate in the United States is 5.5 percent (July 2004), a...

This article shows how the unemployment rate is misleading and does not reflect the total number unemployed. Below is an excerpt. "The "official" unemployment rate in the United States is 5.5 percent (July 2004), a contradiction to the actual number of unemployed men and women in the United...

If a person is located in Europe but trades U.S. stocks, should he connect to the U.S. server or the Europe server?

How do you change the server that you're connected to?

Unemployment rate is # unemployed/#people in workforce. That's what it is on the surface. What's misleading is that a person is no longer considered part of the workforce if he has been unemployed for longer than 6 months. The assumption the government uses is that if a person is unemployed...

What do you want to do? EasyAPI lets you do automated trades using Excel without paying API fees. It was set up to be easy to use with no bloat. You can set up and change the layout of your spreadsheet however you like. This is impossible to do with the IB Excel example without changing...

This imbalance can be of either direction, so the price can be higher or lower, correct?

Say at 3:59 pm, the market is at 30.00 bid 30.01 ask 1000 x 1000 I buy and execute 1000 shares at 30.01. Now there's 1 minute left until the close. Why would the closing price tend to be lower (negative slippage) or higher (positive slippage) than 30.01?

I do not want to get into a flame war, but I'm curious as to why you say that. Please give some specific examples.

Say you're trying to get the closing price of a particular stock. You don't want to use MOC orders, so you try to execute as close to 4:00 pm as possible. In this case, is there any reason why you would tend to have negative slippage? Say your order is executed at 3:59 pm. In the final...