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Very good, if you think that $25,000 isn't enough how about writing to the SEC to increase the PDT minimum to $500,000. Then, you'll sing another song.

Their new website is http://www.ameritradecanada.com , but there's not much details, except contact information. I suppose they'll keep the same rates as IB Canada did.

The PDT rule increases the risk of loosing money. PDT decreases liquidity and reduces brokers' commissions. Thus, PDT is dangerous for the small trader, for the brokers and for the market. Traders are exposed to more risk i.e. lose more money, brokers lose commissions, the market loses...

The wheel was concieved in the "good old days". Times have changed, and it's more popular than ever. >In my opinion, they missed the boat. There is no pressing need for them, so they will slowly die. Actually, SSF are right on the spot; and there is a pressing need for them for those...

NQ futures are QQQ futures. We already have QQQ futures :) Actually 1 NQ future = 8 QQQ futures thus, it'll be more efficient to trade one NQ future($2.40 or less in commission) instead of eight QQQ futures (around $8 commission).

IMM is a type of CME membership. Unlike CME full membership which entitles the owner to execute trades in any contract listed on the Exchange, IMM (which stands for International Monetary Market ) division membership entitles the owner to execute trades in all Index and Option Market futures...

NASD has no jurisdiction over its competitors - the Option exchanges. Option exchanges are separate legal entities and have their own rules. Daytrading (PDT) rules exist only for NASD and NYSE and only for margin accounts. No other exchange in the world has such daytrading rules...

IB announced not long time ago that its' SSF commissions will be $1/contract or lower.

Buy a satelite phone, get an ISP with an 1-800 number and you'll be able to place those swing trades with your laptop from anywhere on earth.

It's not ET, it's probably spyware installed on your computer. Download adaware and clean your spyware.

There's no freeriding in what IClearing is doing. First, what in essence is freeriding?. It's a situation that occurs when a customer purchases a security, then sells the same security and uses the proceeds to pay for the purchase. Cash transactions settle T+3, this means that if you buy...

Globex is having some problems lately, don't be too quick to blame only IB for it. Here's the latest update: Globex Update July 30 -- Updated Information Globex system maintenance on July 27 appears to have stabilized the affected exchange interfaces. So far this week, we have not...

Yes, you can buy unlimited (10,000+) shares for $12.45 flat ($9.95 + $2.50 SSOES fee) Using RJT if you route them to SuperSoes. (If you route it to an ECN: "1 cent per share additional for orders routed to an ECN.")

Yes, but this way you can use one at a time. i.e. You can have only one ("USB port" or network card) enabled at a time. And if you're logged in as Admin, you can quickly switch between both.

If you want no slippage, route QQQs to Island ECN.

NYSE usually publishes weekly the Program Trading(PT) Volume as a percentage of the Total NYSE volume and the top 15 Most Active progrram trading firms. Who are they? The latest NYSE report reveals that the largest players are: 1. MORGAN STANLEY... 3. RBC DOMINION... 5. LEHMAN BROTHERS...

Or you can use higher leverage and increase your buying power as if you have +$20k more in your account, without having to take a loan. For example, with S&P emini futures you can have 20:1 leverage, with Canadian dollar futures 200:1 or more. With single stock futures you'll get 5:1...

DisciplenedHedg, You'll be able to trade/manage many accounts from one TWS (Traderworkstation - IB software) imo, using Financial Advisor Separately Managed Account Features available from Interactive Brokers starting August 1, 2002.

With Cyber, you can change your account classification only one time per 90 days. If you change from day trade margin to margin, you can still trade with 2x margin(loose 4x margin), but with additional restriction of no more than 3 daytrades in any 5 days, for the next 90 days. Because, you...

No, with less than $25k only daytrades are limited (max. three in 5 days), swing trades are unlimited. You can do as many swing trades as you want with less than $25k account. Cybertrader, as I understand allows a trader immediately to change their account classification (day trade margin to...