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minimi, I can assure you that we assign the highest priority to ensure that customers are made aware of busted trades as soon as possible. We will contact the customer the fastest way that we can, in order to alert them asap. Telephone, bulletin direct to the TWS, and e-mail are all used.

Unfortunately there is not one all-encompassing rule. All market centres have their own error trade rules, and parameters for busting trades. Some market centres will make the decision themselves, others will wait until it is initiated by one of the parties of the trade within a...

" When you login into the master account, all that does is give you the right to direct orders to slave accounts. With TWS now, create an order ticket and you can see where you would select the account. Each account would be governed by its own margin requirements, PDT etc. " The above is...

Tech Analysis, Just in case you missed what I posted on the other thread: "" IB is listening Due to your recommendations and the efforts of def and myself, we have launched this function. Build 789.7 now lets you Exclude ARCA from SMART. Go to Configure>>Misc in order to set it up. ""

DT-Waw, Another alternative to Tradestation that that many of our clients use is Metastock. There is an automation available from www.traders-soft.com (who also do a Tradestation-IB link) You can also link Metastock with the E-signal/ DTNiq or other feeds.

Due to your recommendations and the efforts of def and myself, we have launched this function. Build 789.7 now lets you Exclude ARCA from SMART. Go to Configure>>Misc in order to set it up.

range, Yes you can do this via the hotkeys. Go to Configure....Hotkeys...click on Buy.. Create Shortcut A window will then pop-up - click Customise. You can now select an order type, in this case, Limit, and specify a value and an offset. e.g Limit at Last Price - 1; Go back to Shortcuts...

Andre - for a bracket order that is correct. You are effectively placing 3 orders at once. One to initiate a position, and two orders (OCA'ed) to close the position. The 2 sells are sent conditional on the buy order being filled. IF you already have a long position, then all you need to do...

AmbushHillbilly is correct if you already have an existing position. However, if do not have an existing position, then you can use a bracket order. A bracket order will send in an initial buy (or sell)order (of any type) which when filled, will send in two orders which are linked via OCA...

All US exchanges now charge option order cancellation fees. In order to recapture this expense, effective April 14, 2003, IB will charge $1.20/cancelled option ORDER (not per contract) for smart and direct routed option orders. Option order cancellation fees will then be REDUCED at the...

Correct. Debit/credit interest rates are applied to each individual currency balance - please see Fees&Minimums section on our website which gives the current rates. Thus, if you have a -ve EUR currency balance then you would pay interest on this (but would gain interest on the extra USD balance)

Kenokabe, There is no "fatal cost" You do not need to exchange the currency before and after each trade. For example, if you have a EUR account and buy and sell one ES future for a 1 point profit, you will then have a USD balance of $45.20 (1 point profit - $4.80 roundtrip commission). You...