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you are hurting.

Please name a retail broker that pays a better rate than Libor - 25 BPS? or one that pays CR interest on short stock positions?

I could never be customer rep for IB. Imagine for a second, some of the complaints they must hear. IB, Thanks for another great year!! and a special thanks to DEF, who is always here to help us.

Jeff, 1) I'm not a big fan of the limitations: 30 seconds 1099 limit they still post a size of 100 shares even after the balance of a bid/ask has been filled in essance freezing the market - in this day and age it should be simple to post an updated quote immediately 2) They post...

All you need to know is the NYSE: 1) Does not always honor their quotes with auto executions 2) Does not immediately display your limit orders There is a visibility problem. Trade at your own risk.

The cost to borrow stock should also depend on the cost to borrow in theory (similar to any investment). That being said, you would expect the cost to borrow stocks to decrease with the decrease in interest rates. This may in fact not be the case. Perhaps it is higher?? ie: when rates...

There is a cost to borrowing stock. And this cost may not be 125 basis points but at some point it could be quite realistic to have DR interest (or some sort of charge) when shorting stock. My understanding is the cost to borrow stock could be as high as 100 basis points. This is the...

speaking of CR interest on short stock: IB offers Libor-125 basis points. Seeing that the Libor rate is now hovering in and around 1.40% that would mean IB customers are getting a mere .15% interest on their shorts. IB has maintained this credit interest on shorts since it was introduced...

great. thanks

Simon, Are you aware that account information via DDE (ie. cash, margin requirements etc) do not update in real time? (positions update in real time) Any ETA on this fix? thanks

eastside, thanks. I usually end up going to each company's website to confirm as well.

Does anyone know a good reliable up to date source for X - Div dates? Many quote providers are not too reliable (TAL, PC Quote, Quote.com). Any suggestions would be appreciated. Thanks in advance.

As soon as you add a new position you should see your Overnight Init and Overnight Maint appear.

When you say your margin will drop to 2:1 at 3:50 - do you mean your intial or maintenance or both?? It sounds like it may be your maintenance and that doesn't make much sense as IB's basic margin requirements for non day traders is always 50% intial and 30% maintenance. Why would day...

from the IB website: Maintenance Purchase: maximum (25% * marginable stock value, $25,000) or maximum (100% * non-marginable stock value, $25,000). If there was an increase in US securities positions between 16:00 - 15:50, between 15:50 - 16:00 ET initial margin requirements will be...

The SEC is not a big fan of bullets and at this time it appears that IB doesn't have any plans to offer them.

FWIU, bullets are unlikely at IB.

well that was fun while it lasted (four months). I don't think this change has taken affect for all IB customers yet. Expect this thread to get a little busier over the next couple of days.

bingo we have a winner..............

Question: when will it end? Answer: At the bottom