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He should filter before download using the trading class field in the API. He will likely come to it eventually.....but IB will still be slow compared to others as he says because they gate their quote download so as not to interfere with trading platform bandwidth...the standalone providers do...

Of course you do not have to register to trade your own funds.

What do you mean? Is this another time wasting April Fool's joke?

The SEC has tried to take over the CFTC numerous times over the years, and still would like to, but it never has gone through because the CFTC is under the jurisdiction of separate committees in Congress - Agricultural committees - that have separate lobby groups etc. and are extremely unlikely...

We will be very lucky if end up with a 55% recovery (45% haircut) on PFG Best accounts in the USA. So far, we have only 30% recovery (70% hairvut). I believe that a number of small banks have gone under in the USA with little or no recovery of amounts above the FDIC insurance amount. So...

Well that's on a somewhat different theme. I was just responding to those concerned that people could not live on $100 a day. I was just making the factual point that most also had use of debit cards for purchases. Will governments look to ways to effectively tax and cash equivalents...

My understanding is that Credit unions were also in some jeopardy in connection with the financial crash, because the large majority of them had all invested in some derivative instrument marketed by one of the banks in order to get higher interest income, which swung around in value.

My point was they could buy groceries.

I think it should definitely be possible for him to do it before the fact in his API call as I described by using the trading class field. There is nothing you can do yourself. Even though you and others may switch providers, he should still fix it for occasional users. I just mentioned...

IB is correct in calling this a margin account. The reason is that under SEC rules, only a margin account can avoid T+3 settlement. So it *is*, and has to be, formally declared as a margin account on IB's books in order for them to be able to offer immediate settlement. It is tax rules...

Even though the symbol is the same, he should be able to specify the trading class IBString tradingClass in Contract Details on his quote request to the IB API to drop off the minis. For the SPY, the trading class is probably SPY for the regular options and SPY7 for the minis. If...

You can either make it (1) a cash account and you are subject to T+3 settlement, but not subject to the pattern day trader rules or(2) a margin account, and then you are not subject to T+3 settlement but are subject to pattern day trader rules if account is under $25k. In any case, you...

In the past, at least, there was still a difference for some spreads. I could set up two quote lines, one for Smart routing, one for Exchange Directed. The bid-ask would be much narrower on the Exchange Directed quote line. For Smart routing, IB would hold the spread on its servers...

He clarified later that that he was being misinterpreted and that some of what is above is not at all what he meant to convey and it is certainly not the new policy. He is new on the job and not as careful as he should be in talking to the press.

Plus debit cards working as well so they buy purchases with the debit card in addition..........

That was the original story that caused markets to fall yesterday. He later clarified the remarks to say they were misinterpreted or poorly worded and markets have recovered the (minor) losses.

Not sure but it might at least offer to remove them. It keeps asking me if it can remove add-ons (ones that I want, so in my case it is very annoying). "Internet Explorer 10 is designed to provide an add-on free experience."

Uninsured deposits are uninsured. It is the same in the U.S. Numerous small banks in the U.S. fail each year, and often the deposits over the FDIC limit are lost. That is the exactly the same in Greece under the terms of the final bailout. Deposits under E100,000 and all deposits at...

It is per day and it is now lowered to 100 euro per day at the two large troubled banks. http://www.reuters.com/article/2013/03/24/eurozone-cyprus-withdrawals-idUSL5N0CG0VA20130324 With the new bailout, I imagine it will be increased back up at all banks. I was under the impression that...

Nope. Forex is not traded on exchanges anywhere (unless you count futures which is a smaller market anyway).