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Also, you can set up TWS pages so that they ALWAYS and ONLY show a specific account. Just go through the "add page / quote monitor" routine and you 'll notice how.

Thanks for the article. Looks like they have already admitted that the arbitrators were fired due to this single case. Then they admitted that they normally fire arbitrators only "for reasons ranging from unprofessional conduct to mental impairment". If the arbitrators were so visibly stupid...

You are right, i noticed this also. Ever since IB started the new customer chat (real time communication with IB's customer service), the service time in IB's older message centre (asynchronous communication) has deteriorated. Sometimes my questions sat there for weeks without ever being...

"Because there still was no confirmation, UBS's system automatically re-sent the orders," said the source, who has knowledge of UBS's systems." http://finance.yahoo.com/news/ubss-huge-facebook-loss-throws-185900085.html Also in the WSJ...

http://www.nytimes.com/2012/07/25/business/new-technology-and-tougher-rules-shaking-up-fixed-income-trading.html I always wondered how the big banks succeeded in keeping this market private and opaque for so long, charging ridiculous spreads even to big institutional customers like pension...

I agree it is unfortunate that the author of the article did not include details of the matter that originally led to the arbitration. However the fact is that ML chose not to appeal the decision. That means to me they saw very little chance in winning the same matter with a different panel...

Outrageous story. The facts behind the case between Merrill and the customer are not mentioned here, however it must have been quite obvious for the FINRA arbitrators as their decision overwhelmingly went in favor of the customer, while Merrill apparently saw no possibility to win an appeal...

I agree that IB is more likely an acquirer than a target at this point._ BTW their organic growth is quite impressive. They have grown number of accounts, equity per account etc. steadily in the last few years; profit from brokerage in 2011 was double 2007 and almost 4 times that from 2006...

Sorry if this has been already posted or discussed elsewhere, but this is remarkable: Unfriended: The Facebook IPO Debacle 6/10/2012 6:52:09 PM The highly-anticipated Facebook IPO was plagued with problems, potentially costing thousands of dollars to many small investors and further...

http://finance.fortune.cnn.com/2012/06/04/the-last-days-of-mf-global/ Even though titled "last days of MFG", it does a very comprehensive job to explain how MFG ended up there but feels a bit short and rushed on the final days IMO. What becomes clear is that Corzine did not buy into...

Hahaha are you serious? The last thing we need is IB following in Corzine's foodsteps skirting the rules and looking for loopholes and shortcuts. As long as I know they are working on it, I am happy to wait until things are resolved the right way.

Why don't you just offer trading in India to all your customers, taking advantage of the new rules allowing foreigners to invest directly in the indian stock market since the start of the year? http://www.bbc.co.uk/news/business-16380820 Then you no longer need a "double account...

Of course, if you have now 3 accounts at IB that does not help you. To get added protection, you need accounts at DIFFERENT brokers. I personally dont want to "diworsify" my brokers however. IB is perfect for me. That means I am working to lobby IB to address the only shortcoming they have...

Good idea. I am in London, if no one else volunteers I'll try my luck.

Good summary old. One question to you and others: What do you do if you are a 50m hedge fund? Keep your money distributed at 100 brokers? I am asking myself what the big guys do about this. If we see the risk with our private accounts, the problem must be much bigger as the accounts get...

Certain inaccuracies and IMO misses the full extent of the problem, but this shows that the issue is getting more attention. http://online.wsj.com/article/SB10001424052970204296804577124883014508106.html?mod=WSJ_article_comments#articleTabs%3Darticle What we really need is a new, safe...

By "flat" you probably mean your account is all cash at the end of the day. Since you trade futures, and IB acknowledged that they have stopped sweeping available cash from commodities account to securities account at the end of the day, your cash is sitting in the uninsured commodities account...

Surprised this is not making any bigger headlines: "The trustee liquidating the Lehman brokerage said he identified about a $5 billion shortfall in customer reserve accounts" "Lehman’s past “compliance failures” -- including a failure to set aside enough securities for customers...

Let's not let our brokers off the hook this time! We need a 100 percent secure brokerage industry, and it's time we customers demand it!

Update: IB declined the "customer name instead of street name" suggestion today, just as it was gaining traction and appearing among the top 5 voted-for suggestions overall. "We have investigated this suggestion and the solution is not as simple as adding a new column in TWS. The amount of...