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Def, 1. Please read T+3 rule more carefully, it DOES allow stock to settle anytime before 3 days pass by with 3 days as being absolute max. The counterparty does not have to deliver the stock until T+3, but many times it does settle before that, so why not credit those times back to the...

I see I missed a little + sign If it was so imposible, then how would a possible upcoming T+1 rule allow so? http://www.sec.gov/answers/tradeplusone.htm .... Settling Securities Transactions, T+3 Since June 1995, investors must complete or "settle" their security transactions...

Def, You wrote: "Regulation T issued by the Federal Reserve Board, and NYSE rules, require that once funds in a Cash Account are spent for a purchase, they may not be spent again. The NYSE has confirmed this, and the fact that all firms are subject to this rule. Noone is questioning this...

Based on text below, brokerages are required to settle trades of securities in 3 days "T-3", is this max or min requrement? The way I see it, brokers can settle trades as fast as they like but no longer than 3 days, which they're planning to shorten. Am I right? *** Settling Securities...

I just opened a small IB cash account, placed few trades which trimmed my cash buying power until few days passed by. :( Oh, well, I guess there not much we can do about it after all. Bob

Probably yes, I'm no expert, but consider a bad resolution, TV's were made to watch at distance. Bob

Seems like this club getting 100+ members daily, 715 members since the day of tragegy of Sep 11. God bless all, Good trading, Bob

For anyone who feels like they want to voice an opinion, please use this website, http://clubs.yahoo.com/clubs/terrorinamerica2001 and leave it off this message board. There is a very passionate discussion going on and is more appropriate since it was designed for that purpose. Thanks, Bob

Interactive Brokers Group Donates $1 Million to The September 11th Fund September 14, 2001, Chicago-- Interactive Brokers Group is donating $1 million to The September 11th Fund, established by the United Way of America and The New York Community Trust. The contribution will be used to...

P.S. And yeah, this is one hell of a unemployment, but right now, most unemployed are not here any more, so they really have no need for a trading account. Bob

You have a point Zarrar, but so far you mentioned no practical ways to go about it, just reasons. What do you have in mind? Bob

I agree with Zarrar, when market opens, whenever, it won't be pretty and many more will be hurt financially as well. This is a moment of crisis, and we're all in a look out for solution. When Fed cuts rates, it's usually signals a light at the end of the tunnel. Rule was bad from the...

Wall Street to remain closed Wed. AMEX, Nasdaq and NYSE remain closed, undecided when to reopen September 11, 2001: 4:56 p.m. ET NEW YORK (CNNfn) - The American Stock Exchange, the Nasdaq stock market and the New York Stock Exchange (NYSE) said they will remain closed through...

Just got in touch with my father, mom is currently stuck in manhattan, alive, thank god. He says they have problem evacuating people and giving them any help because of imposibity to get near by.

What chat room? Thanks

If one or both towers collapsed, I see different info everwhere. I'm currently in California, San Diego but all my family lives and works in NY, all phones are dead. :(

This is just a note of appreciation to IB and their low commissions and to Def and all his putting up with us. Def, Please understand that were not really here to put down IB or shoot holes in anything you say. Just few starting out traders, including myself, found IB and its...

Try getting a Medved Quote Tracker software and sort your stocks by Volume % Up, this will bring out heaviest traded stocks for the day and usually, if you check, there's always a news on it. Bob

<<<<Thursday August 30 10:45 AM ET Schwab Cutting Up to 2,400 Employees Accounting mirage to test depths of investor credulity - (ON24) By Brian Kelleher NEW YORK (Reuters) - Charles Schwab Corp. (NYSE:SCH - news), the top U.S. discount and online brokerage, on Thursday said it was...

Guys, IB changed their daytrading comment on cash accounts. It states now: Q. Can I day trade in a US stock cash account with IB? A. Yes, however, stock cash accounts may only trade with settled funds. Bob