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    IB Exposure Fee

    You should expect this exposure fee to be assessed on any day other than a weekend. It was not assessed for a number of days in June due to closing price anomalies on the part of the OCC, from whose data is used in these computations. In addition, the fee is not assessed upon expired...
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    Shorting Leveraged ETF, IB vs TOS, Which Has Lower Cost?

    I believe that you are misreading this data as the cost to borrow is not the sum of these two figures but rather -4.285% in the case of FAZ and -10.535% in the case of TMF. Note that there are different conventions for presenting stock loan costs depending upon one's country. In the U.S...
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    Cost of trading ETF's?

    It is not a daily rate but rather expressed as an APR. You may wish to refer to this prior thread which contains an explanation and example of the interest calculation: http://www.elitetrader.com/vb/showthread.php?t=280738
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    Asking for new security device at IB?

    If you have an individual account, you can create an additional user for yourself or another individual (via an online power of attorney arrangement). An additional user will be assigned a unique user name and password and will receive a security device. As market data subscriptions are session...
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    Does IB do any additional verification procedures when withdrawing 6 figure sum?

    As one of the other responders noted, we offer different devices. These devices have varying levels of safeguards and the device provided along with its withdrawal limit is intended to be commensurate with the equity in one's account. Within the public website link below, you'll find the...
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    IB Account linking?

    In that particular scenario, the Friends & Family master would be charged a $10 monthly activity fee.
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    IB Account linking?

    The responses aren't necessarily inconsistent but there are subtle nuances between linked accounts and accounts held under a master account structure (e.g., Introducing Broker, Financial Advisor, Friends & Family Advisor) which bear explaining. As background, we allow individual accounts to be...
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    IB Account linking?

    Regarding the $10 minimum monthly activity fee: In addition to the fee being waived in any one account having equity of at least $100,000, linking accounts provides an additional benefit in that the commissions of all accounts may be used to offset the activity fees of others. Take for...
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    Terms lending IB

    1.59% is not a per month rate, but rather the annual rate (ignoring the effect of compounding). Assume for, example you deposited $100,000 cash, purchased securities valued at $200,000 and therefore incurred a margin loan of $100,000. Assuming your loan balance and the interest rate remain...
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    A direct competitor to IB targeting active traders

    Broker dealer requirements are not specified in terms of capital in the GAAP sense, but rather a regulatory definition known as "net capital" which is essentially a working capital measure, albeit much more conservative than that defined under GAAP. It deducts from one's net worth assets deemed...
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    IB Fined by CFTC

    Below is our response which hopefully provides some prospective as to this press release. In particular, it's worth noting that this matter was uncovered by IB itself and self reported immediately thereafter and that IB at all times maintained segregated assets well in excess of that required...
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    Special joint account

    Many brokers, including IB, allow one to open an account in the ownership form of their choice (e.g., individual, corporate, LLC) and provide access to a non-owner for specified purposes. For this type of set up all liability for losses resides solely with the owner and all tax reporting is...
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    Interactive Brokers - Can you create bracket orders for an open position?

    If you already have an open position, you can still bracket an order using an OCA, or One Cancels All group. To add the OCA group column left click the wrench shaped icon to the left of the “Trader Workstation Help / Ticker Lookup” search field found in the top right corner of the Order...
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    Interactive Brokers - Can you create bracket orders for an open position?

    Perhaps the link to this short instructional video will help. If not, feel free to PM me. http://ibkb.interactivebrokers.com/node/1043
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    any broker with GBP/JPY futures?

    Try entering symbol PJY in the TWS. It's the GBP/JPY Future trading at Globex (Contract Size = 125,000 British pounds)
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    Interactive Brokers - add multiple target orders to a bracket order

    There are settings withing the TWS which allow you to accomplish this by defining an initial offset from your target price and size as well as a subsequent component size and price increment. To create the order, start by Right clicking any TWS quote line and choosing 'Configure Order...
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    Problem with TWS (connecting to server)

    We are in contact with Comcast who has confirmed a partial outage although they are unable to pinpoint exactly the population of clients impacted or its cause. This also appears to be impacting certain clients of Eastlink and Shaw cable who may be piggybacking their services. Our system...
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    Where to find short interest rates on IB statement?

    If you PM, me I can provide you with the information you are seeking.
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    IB now Forex Dealer Member!

    Correct. This disclosure has no impact upon quotes.
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    IB now Forex Dealer Member!

    There have been no changes of the type you suggest to IB's spot forex model. We do not charge a mark-up or change the spread as quoted by our liquidity providers and only charge a commission. While it's understandable that one might draw that conclusion based upon a reading of the disclosure...
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