Search results

sometimes till expiry - sometimes for less than 5 seconds best of luck

three data sources 1) Nanex 2) Thomson Reuters 3) IBKR

Could I make $$ with a different broker today? yes - but a fraction of (maybe 60%??). It's a combination of many things (access/fees/data/API etc). I'd rather not be too specific but there are a couple things that are very important to my trading that no other broker has. These things likely...

I've read that comment letter multiple times. DD (a former IBKR guy) understood the market but the industry didn't want this market to succeed. Nothing he could really do. Hopefully the next SSF Exchange will have better support from the industry. A good guy who isn't afraid to say what is...

Yes, IBKR IS the reason I have been successful in this business. I recall having a four digit account number in 1998. This company (in particular: tp) changed my life and I am forever grateful. It is not as "personal today" as its inevitable that their growth will result in some issues but...

yes, but it is getting worse . for example - as a professional your price improvement has never been the same and access to certain auctions is prohibited (plus higher fees). And now your basic orders are often ignored. So you can get fills but they are not good (to the extent where it is not...

One of the most important things to understand is the "market structure" and how it affects markets. There are new rules constantly being proposed by Exchanges and rubber stamped by the SEC. These rules often originate from the hft's and are "sold" to the regulator. I believe one of the most...

Not sure IB did anything wrong here. I feel bad for the trader but.... Clearly there is a disconnect between the A and B shares as on August 11th the range for the B shares was 18-78. Also the borrow rate is currently over 600%. So this is a massive short squeeze in the B shares. This is a...

Basically all my trading (99.9%) is Arb related. No delta - no gamma - ever. lol In my younger days -yes. A mix of things but virtually all arb since 1999. Another story for you: Things changed for me in the fall of 1999 (Oct or Nov). I had visited Chicago in the 80's/90's and seen the...

It was very small for me (maybe 3 trades per week) recently. But was much better when the Exchange first came online 10+ years ago when they had a 1C product (div risk) The option market is where I trade mainly so overall not a big deal. You have to keep working hard to find the "next...

LOL!! And there are just as many times where it is actually beneficial to go short the SSF when you compare the synthetic bid in the options market vs the SSF bid i.e - you can get a better price + plus no borrow fees + no risk of buy-ins The point is - SSF's offer investors an opportunity...

qwerty11: Not sure what you are talking about.... What about all the traders buying the htb security (long term holders of the equity) and never getting the benefit of the hard to borrow rate. Even at IB you may not get anything. The point is the SSF would be trading at a discount to the...

lots of good comments here. SSF will be back in the US. They just need the proper support. It is mainly about financing (not tax) imo. The prime brokers have no interest in having this gain traction for obvious reasons. Think about all the HTB stocks: Long term investors are buying (and...

https://ftp.onechicago.com/documentation_center/notices/notice_to_members/NTM_2020-07_Closing_the_OneChicago_Exchange.pdf

fyi: My wife just got tested yesterday (Ontario) and got her result (negative) less than 24 hours later. No lineup at the hospital - no waiting - just one phone call to pre register which took about 2 minutes. Hopefully we continue to see good results

I will comment on the options market: There are over 1.1 million US equity options. The average bid-ask spread on these securities is OVER $2.00. Given that the average minimum tick is around .05 - that means there is at least 40 price points between the bid and ask on the average equity...

I use IB and had problems routing to CBOE - same error. Supposedly fixed now To CBOE traders: Please note that the technical issue which prevented the CBOE from accepting option combination orders from IBKR today has been resolved. As a result, we will return to displaying CBOE quotes on...

via Audit trail however there are issues with this. I sent you a PM

I don't see anything trading on the Eurex for that contract today. (I think this is the correct contract) https://www.eurexchange.com/exchange-en/products/equ/opt/47634!quotesSingleViewOption?callPut=Call&maturityDate=202012 Also, on my Reuters there are no trades today (settlement price...

As a general rule - The largest positions that I carry overnight with respect to notional value (not margin) will only total about 10% of my trading accounts. And this is an "arbed" position - ie a conversion. So with Portfolio margin - the margin for this type of position may only be $100 but...