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Quote from Aaron: The larger dow contract is pit traded and not available to IB customers last time I checked. Through IB you can only trade electronic futures contracts. The $10 contract does trade electronically, and is available at IB for the standard $2.40 rate. Its hours are more...

The IB simulated market is "better" in the case that the market goes flying by you by more than the 3 points you used in your example because it re-evaluates and moves your order with the market if you miss it initially. With your buy stop at 890 with an 893 limit, if the bid suddenly spikes...

stock: My point was that at 382 contracts, you break even. Above that, FF is cheaper. Like about $900/month cheaper at just 5 contracts per trade, 10 times a day.

opm8, stock777: Do the math. Based on what was presented as their rates, at 382 (or more) round turn contracts per month (~19/day), IB is more expensive: 382 * 4.80 = 1833.60 550 + (382 * 3.36) = 1833.52

Does anyone know if there's a nice downloadable list, showing each stock with its corresponding specialist and post? Has anyone assembled such a list yet? It seems like any time I try to get information from the NYSE, I find they are back in the stone age when it comes to IT :-(

qdz: You make these statements, and then are led down the path of arguing over self-insuring, but there is no fact that I know of in back of the original statements. Can you give an example of a broker (clearing firm, actually) that went bankrupt or stole their customers' money, and where the...

FWIW, I pay about $45/month for my 1.5 Mbps download speed cable modem from Charter in the LA area, and it's been pretty good about being able to get that speed when I want it, except around the 20:00 local time "prime surfing time". This is the same speed as a T1 leased line, except I only get...

Quote from viewpoint: I've used myTrack for a month and already I notice serious problems. Twice I was charged ECN fees when I was entitled to rebate. Then when I inquired about it, I got the following response. "In order to be eligible for the liquidity rebate, your order must be routed...

Stocks that are "not marginable" should still be held in the margin section of your account (type 2), even though they have a 100% margin requirement. At some brokers (like Waterhouse), you have a selector when you buy stock to choose whether to do so in your cash (type-1) sub-account or margin...

I didn't say what I wanted to talk to them about. I have no intention of engaging in anything that would be considered unethical or manipulative.

Quote from WALLACE29: Well the final answer is you can not freewheel at IB. Right - you cannot free-ride at IB My first question, is this a policy of the brokerage firm or a SEC rule? IB's interpretation of the regulatory rules is more strict than some other brokerages. AFAIK, it was...

From reading postings by ET user "tradeoes", I'm under the impression that if a trade-through or backing away happens, you need to address it immediately, by phone, to get a fill or adjustment. If you use their (OES) or ISI connection to execute, you would presumably call their trade desk. Not...

Unless you want to know what is going on significantly outside regular trading hours, when the QQQ and SPY are illiquid.

REDIBook executed its last trade last night. It went not with a bang, but with a whimper. The end of an era. RIP old friend.

You don't. SMART checks TMBR to see if your order is marketable against its bid or offer (always at or better than the NBBO). If it is, that's where you execute. Otherwise, it goes wherever it would go if there were no TMBR (i.e. NYSE or AMEX for listed stocks).

If the orders were dark blue, they were on IB's servers, and no market fault was involved, so you would have no recourse with anyone but IB, and you generally have no recourse there. The response seems to imply that the orders were AMEX and not SMART. If that was not true, and you know the...

I, too, have wondered whether a strategy that I have traded for years has been stolen by a broker that I shared some details with in the due course of negotiating commissions and risk management criteria. In my case, it's obvious that I have a competitor because I can see their bids/offers in...

Rigel, There could have easily been buy orders in before yours, particularly because of the small volume printed. If there was no more stock for sale at that price, then you're out of luck. The prints could also have been on an ECN, in which case there's no obligation for a fill on the floor...

Is anyone currently able to see NYSE OpenBook quotes before a stock opens? I'm not able to any more at IB and am trying to figure out where the problem lies.

I think they're supposed to be coming back again. A couple builds ago, they mentioned that TWS will show pre-opening prices in a different color, but didn't say for which market. I heard that the change had to be rolled back because of a bug.