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If he is willing, you could add him as a user on your account and he can log on and verify all of your statements directly with the broker that way. I am sure that IB would mail statements directly to him also if really needed if you open a ticket and request that but there would likely be a...

SIPC is never going to give legal opinions over the phone that go beyond previously published formal guidance. They are very likely to hedge on *any* question about whether a specific account is covered based on a description of how it was funded and traded. However, they have said nothing...

I opened a ticket at IB and got the following reply: At this time no decision has been made regarding India. IB management is constantly looking for new markets and products to add. You can always visit our new features poll and request that we add India...

Try opening a backup settings file in TWS using File / Open settings file/.....

"Universal account" is just a nice way of presenting two underlying separate accounts (securities and futures) with *optional* arrangements to transfer between them. "Universal account" does not exist for regulatory proposes. Only the two underlying accounts do. Each of the underlying...

See http://www.cmegroup.com/rulebook/CME/I/5/39.html

Internalizing is allowed for stocks, but not futures.

Great - thanks for the clarification! I should have looked up the meaning of IB-UKL and not assume that it referred to all IB-UK accounts.

Well I do not know if we can narrowly restrict the discussion to the exact question raised in the original title. I think that might reasonably be extended to a comparison with alternative forms of insurance available such as FDIC at other brokers, since that was raised by someone here. I...

It looks as if you in the UK do not have the sweep option: http://www.interactivebrokers.com/en/accounts/releaseNotes/acctMgmtNotes_january2012.php "This feature applies to all IB entities EXCEPT IB-India and IB-UKL." This is probably because you are under a separate regulatory and...

This sounds very nice but I think I can make a case that SIPC insurance may be a better option that FDIC insurance in this context. Here it is. Let's say your broker is not actually keeping your money in your account (despite sending false statements that appear to show all is a-ok) but is...

Excellent research, Options12. I think that people mostly trading commodity futures at IB would be wise to at least occasionally buy some securities. That way, they can argue that the cash has been deposited by the customer with the broker for the purpose of purchasing securities. If...

Yes they said that some big customers had wanted not to have sweeps (because they were far over the SIPC limit anyway or had insurance elsewhere or whatever), but the new user option will allow everyone to make their own choice.

I am aware of that but for daily historical data series in less-traded futures and especially futures options, settlement values are far superior. Otherwise you have stretches of weeks or longer where particular futures months or option strikes are not traded at all or maybe once a day and...

There are different interpretations of "Close". The settlement value and the last trade are not necessarily equal. IB usually reports the last trade in historical data. The exchange uses the settlement value. These may differ if a trade is later corrected, or cancelled, etc...

Right and just to be clear, he can run the IB gateway on the second machine instead of TWS. It plays the same role as TWS but omits the GUI user interface so it is leaner and meaner.

That's very interesting! Is it a commercial product? The link leads to a company web site and I do not see any information on it about your framework. I guess it would be of a lot of interest if you could summarize your experience in writing the framework. Did you base it on...

The API is not Java based. The Java jar file is just there in case you want to run the Java example. You do not need it at all if to run the Posix C code. It is a pure socket based program. See e.g. C:\Jts\PosixSocketClient\src However, to run the IB API, you do have to connect to...

And visibly at all times in the Account Window too....