Search results

Eldredge, Level II quotes lag direct ECN quotes, because Level2 has to be aggregated and re-disseminated. Therefore, level2 may frequently lag Island ECN quotes. QQL quotes are more reliable than TWS and especially Qcharts quotes. I haven't noticed QQL to lag except at the extreme day you...

WIth DDE, one can write a program that executes orders directly from his/her RTQ data provider software (e.g. QQL, Esignal) bypassing IB quotes alltogether. If I can execute orders directly from QQL why should I subscribe to the slowly refreshing IB quotes?

DDE = dynamic data exchange. An established protocol for exchanging data between Windows-based applications

Trader01, There's no bug, IB can switch on/off Level II quotes. Yesterday there were L2 quotes, the day before that - no L2 quotes. Today there were no L2 quotes also. This is a feature still in implementation. Anyway, for $79/month, who will use it?

Here's how you can do this: 1 ES = 500 SPY 1 NQ = 800 QQQ 1 YJ = 200 DIA With $4,313 you can trade 1 ES, which is valued at over $50k. With $5,250 you can daytrade 1 NQ, valued at over $27k. IB is offering both services and requiring only exchange minimum margin. Some brokers allow...

mjt, I didn't say unreliable, I said "more unreliable" and magna explained why. If your PC hardware or software crashes, with quad card you "loose" the 4 monitors, with two dualhead PCs you're still in business with 2 operational monitors. Moreover, you'll have more processing power and...

TraderMCB, It's better to have two PCs with dual head videocards, instead of one with quad monitor. It'll be more reliable and less expensive. Why pay higher price for more unreliable setup?! Fohat

Privateer wrote: "It's a pitty, that one cannot just upgrade an existing account - one has always to create a new account.... " Privateer, One can easily upgrade existing account to a Multicurrency account: Just log-on to your account through IB website and select "Account upgrade" from...

uptik, Datek gives 4-1 intraday to all margin accounts. IB and most other brokers give 2-1 for sub 25k. margin accounts. The more liquid and volatile a stock is, the better it's usually for daytrading.

Therefore, if you want to buy 1000 shares and there are six MMs posting 100 share size (some using reserve), under the new rules. We'll always get 5 seconds or slower execution (7x.7) , instead the instant execution (.7) against the 1000 shares MM using reserve is required to post under...

Get a better quote provider. Qcharts is unreliable.

The main reason for boxing is hedging a position or shorting on a downtick, both can be done with Single Stock futures in late December. Shorting on a downtick, currently only allowed for Market Makers, will be removed for some of the most liquid stocks on Dec. 21. By removing the uptick...

SEC has no choice, it is afraid stock exchanges may loose big to SSF. Especially after punishing smaller traders with approving the controversial 25k rule. "Their leverage could attract smaller traders, who could buy a larger number of single-stock futures with a smaller amount of money...

IB pre-open market bid/ask prices show quotes directly from the ECNs, which can be executed against, instantly. Frequently IB ECN direct quotes are ahead of LevelII quotes by half a second, which have to be aggregated first and than rebroadcasted. Fohat

A better idea than using a loan is to use index futures which can give you 16:1 leverage, which is basically as if you're paying for your purchase with only 7% in cash (the rest 93% is like you've taken a no-interest loan). With loans and futures the leverage is a double edge sword. Fohat

Bucke_Lee, your post consists of a patronizing remark and cut&paste repost only . There are no conclusions or any arguments from you as usual, just a patronizing remark. This brokers' choice was discussed before, it reffers to Reg.T, which allows daytrading. dufferdon, Paying by...

Thank you AAAintheBeltway, for giving an example of a big broker that provides daytrading in cash accounts. Bucky Lee, Your empty declarations, not backed up by any regulation and arguments, have legally no value. With unsupported blank statements, No arguments, funny remarks and...

Thank you AAAintheBeltway for giving us an example of a broker that allows daytrading in cash accounts. Magna, The law is adamantly clear: Daytrading in cash account is allowed. 4:1 daytrading margin is allowed for >25k margin accounts. There's no"my interpretaion" or "broker...

Magna, I understand how Cybertrader and Mytrack handle cash accounts. They are all allowed to do it. Nobody can force them to provide 4:1 margin either, if they decide not to provide it. Datek allows daytrdaing in cash accounts imo, and gives 4:1 daytrading margin to all margin accounts...

dufferdon, Look at my previous posts - always trying to help, clarify and explain. Why get nasty about it? Get on with your life. sallyboys arguments are messed up, completely confused and incorrect. I'll back up my statements by analysing sallyboys "absolute clarity" explanation 10-01-01...