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So what is your suggestion on how to handle this situation? Mark to fantasy when there is no or wide market - because that worked so well for our esteemed investmentbanks? Besides, what makes a quote 'rogue'? Also, judging from the first post, this appears to have happend during rmb trading...

Why trade such an illiquid market in the first place. I wouldnt touch these things with a 10 ft pole. There are ETFs with which such problems would have been avoided. How is IB supposed to mark such positions? Theres a bid and theres an offer (if at all), and thats that. Using some EOD quote is...

Arbitration can be risky too - the broker can make a counterclaim, and if you lose (which is likely) you get to pay the brokers attorney fees. If you look up the NFA record of velocity, someone tried to claim 30K (debit balance, sounds like some unfavourable liquidation too) and got denied...

3. get a job, and build up a real stake

The problem with this with the Oanda API is that they only send fill-confirmations anywhere between 0 and 3 seconds later (its some sort of polling mechanism as opposed to 'realtime' confirmations). Execution per se is fine, just the confirmation-reports are a bit late. So there is some slight...

Mon Nov 01 07:51:13 CET 2010 JPY USD/JPY charges higher in early Tokyo trading, dealers initially think Japan intervention, later reports of miss-hit by algos, senior MoF official declines comment on sudden move - Reuters.

I know the term "displayed/non-displayed" liquidity, from various books. If you post a limit order on an exchange, everyone else can see it, and as such is displayed. Non-displayed liquidity is everything else, and can mean different things. For example iceberg orders, where only part of the...

Susi: whats the source of this data?

sup with the USD spike ^^

I guess IB doesnt have to disclose this info then?

How does this look like a top? Everyone is calling a top in EUR, citing mystic wavecounts or fibonacci numbers. JuniorCTA is shorting this since 1.33, deadbroke is probably short since 1.20. I dont know if its a top. Looking at a daily and 3h charts, it appears still like there is an up-trend.

You must have sold a ton more, if you brought that 40K @ 1.3375 to an avg px of 1.3620. Whats the size of your position now?

You cant open a 150K eur/usd postion. You would need ~$4000 margin for that.

Isn't that a re-branded IQFeed?

A fee, and typically a bad conversion quote. My bank quotes a 300 pip bid/ask spread for eur/usd exchange at the counter.

Have a look at that: http://fxglobaltransfer.oanda.com Its Oanda's physical delivery service. You can exchange cash on low spreads (2 to 3 pips for usd/cad) for $25 flat fee. Get a quote from your bank and compare if its worth the hassle. Retail banks around here charge ridiculous fees and...

Your stop gets raped - isnt that sort of obvious? I guess even worse was the bund fatfinger in March 2008, a 2% move (400 pts) in 4 seconds, that was a bit faster. That did put a few people in the red (and made some others a shitload of dough). As a shortterm trader, there isn't really much...

I know about the user defined spread functionality. What i mean is when i make i.e. a 240 minute chart of a calendar spread, the highs and lows of this chart wont be acurate using the user-defined spread, since esignal will just subtract the 2 individual time-series. Is that not a problem?

And how about a butterfly? Guess you have to use userdefined spreads for that..

I have a few questions about those charts: the data of the exchange-traded spreads only contains trades that got sent to the exchange via the spread symbol, but no trades from the 2 components, right? If you compare a chart of an exchange-traded spread with a chart of a user-defind spread in...