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  1. J

    Interactive Brokers Journal / Log

    Try here: http://individuals.interactivebrokers.com/en/general/poll/ibconsultants.php?progid=11&ib_entity=llc Ensure you look at both tabs - Commercial and Freelance. Jack
  2. J

    IB to charge IRA fees

    Bob: I guess we could ask them to set up a process to do it. It would be simple for advisor accounts - the billing could be against the main account as are the data fees today. It would probably be harder for them if a customer only has an IRA-type account as all charges go against...
  3. J

    How are Limit Orders Handled at the Open?

    KAWill70: You should have received (or have available) a Confirmation showing details including the time of trade. Have you looked? Jack
  4. J

    Use InteractiveBrokers and Stop-Loss? BEWARE!

    Gatling Gun: Perhaps a well-worded suggestion at http://www.interactivebrokers.com/en/general/poll/poll.php would get things fixed in a year or so. Since you have lots of software experience state the problem so management types could understand it and word the suggested solution so that it...
  5. J

    IB - Booktrader 906 no more single click!

    The version I'm running (904.6) has two options - "Center around last price" and "Center around midpoint of bid/ask." However, as you are probably aware, IB makes little changes from time-to-time, and does not document them well, if at all. I think there used to be an option for no...
  6. J

    IB - Booktrader 906 no more single click!

    Funky: Thanks for the lucid tutorial! I see that, amongst other things, you are a patent attorney. Looking at some of your other posts it would appear you are an IB customer and I'm assuming that you are familar with BookTrader. If this thread is correct in its assumptions, TT is...
  7. J

    IB - Booktrader 906 no more single click!

    The ruling cited in the links above were all dated in Spring, 2007. They referenced Federal District Court rulings. Perhaps there has been a recent ruling issued by a federal appelate court that modified the lower court's decision. If so, TT may have started threatening/suing again. Jack
  8. J

    After 5 yrs, may switch off Tradestation, cheaper alternative?

    Update - In the interest of full disclosure - The current version of IB's BookTrader has been badly crippled. You can no longer single-click to enter or exit a trade. You must click and then confirm. Not good if you need a manual fast single click capability. Automated entry is...
  9. J

    Interactive brokers touting portfolio margin 1.28% APR

    Depending on what is in the portfolio, portfolio margin (PM) requirements can be higher that Reg T margin requirements. PM is based on the computed risk of an account at the day's close of business and changes every market day night. The amount does not vary during the trading day, but IB...
  10. J

    After 5 yrs, may switch off Tradestation, cheaper alternative?

    I'm missing something here. I just get a total of $49/month for your list. Adding $100 for the platform gets me to $149. What am I missing? I'm an IB customer. I use relatively simple charts to sucessfully trade the ES on a discretionary basis. I use IB's TWS platform and IB's Book...
  11. J

    New Interactive Brokers fee

    Are you defined as a "Professional" by the exchanges? If not then all you want from IB for NYSE Stocks and the Dow Index is: The US Securities and Commodities Bundle Non-professional Level 1. The bundle includes market data for stock, options, futures and bond products on: AMEX, CBOT...
  12. J

    Broker for Rollover IRA

    Geek: I think what you want is a "direct rollover." I've never done one. I'd call IB and ask for new accounts or funds and banking and talk to them. I agree with lwlee about Fidelity's money management stuff like checks, etc., but as you pointed out you are doing an IRA...
  13. J

    Broker for Rollover IRA

    Geek: The IB data you want is called the US Securities and Commodities Bundle Non-professional Level 1. It includes market data for stock, options, futures and bond products on: AMEX, CBOT, NYSE, NASDAQ and OPRA. This is the $10 bundle. See...
  14. J

    Broker for Rollover IRA

    Geek: First off I am a long-term IB customer. That said: I think TDAmeritrade charges $9.95 per order and TOS about $0.015 per share with a $5.00 minimum for stock trades and do not iunclude the SEC fee. IB charges $0.005 with a $1.00 minimum and includes the SEC fee. Neither TD or...
  15. J

    IB Changes Futures Pricing

    My guess is the risk to them in the futures business. They have much greater risk as a clearing member ( I think) than they do on the equities side. IB is very risk averse and had no hesitation whatsoever in raising the "performance bond" requirements during the very high volatilty period in...
  16. J

    IB Changes Futures Pricing

    I also would have liked a bigger cut. But, they did make a small cut in the effective rate in the other tiers. The price you pay as your volume goes up is an average of all the tiers. Thus, the $0.35 a drop per side at the lower volume levels is rolled into the higher levels. It is not...
  17. J

    IB Changes Futures Pricing

    That should be if you're trading less than 1001 My original post is correct. Jack
  18. J

    IB Changes Futures Pricing

    FYI - From an IB ...Interactive Brokers is lowering commissions on US Futures and Futures Options. Effective April 12, 2010, you will be able to choose from two simple, low cost pricing plans: Flat Rate USD 0.85 per contract, plus any exchange and regulatory fees. Volume Tiered USD...
  19. J

    what happens to my deposit if the bank goes bankrupt?

    One of two things happen: 1) The FDIC arranges for another bank to take over all accounts at the failed bank. This is typically done on Friday night. On Monday the new bank is in place and you have an account with them. 2) The FDIC has not been able to get any other bank to buy the...
  20. J

    Ping times to foreign data server

    If you are interested in packet loss as well as ping time you can download PingPlotter from www.pingplotter.com. Scroll to the bottom of the download page from a limited freeware version. Pingplotter will show you the links to your broker along with ping time and any packet loss at each...
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