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I mean how can you not? Someone's got to be making that $10M/day(!) in intraday daytrading profits...

If you don't like your cash out price, exercise your appraisal rights or sue the company. Of course if all you're losing is a fraction of a share, it's nearly always going to be too expensive to defend your rights than fight it on economics grounds. Not that it's the case that OP talked...

DRYS performance has been terrible, no question, although there are plenty of total wipeouts in bankrupt that would have been (slightly) worse. I guess in some sense DRYS is worse than Enron since it keeps hanging around with lots of volatility tempting you to trade it and then falling farther.

You're thinking of DRYS. It was only halted for a day or two.

Thanks for the explanation. Sounds sleazy, but I guess with all the microstructure complexities they have it makes some sense.

do you want FX risk or not? 1. If you want to be long CAD and long Canadian stocks, convert some USD to CAD via IdealPro and use that for trading. Your PNL will accumulate in CAD, which you can swap back to USD periodically if you want to cash it out. Keep your fingers cross that CAD...

SIXD was another Chinese fraud, halted for 6-9 months IIRC. Was $3, opened on the gray market down 90%+ and now trades at $0.02. It's not just the halt ending, but for most of these situations, you're looking at bad accounting problems coming to light and being delisted as well. If I was...

Exactly. Timber Hill can still take the other side of your trade, it's just in a few months they'll doing it working for Two Sigma instead of IB. You'll know they don't have a conflict of interest anymore when they let you place orders on both sides of a specific options contract. Last I...

No way that I know of, sadly. Sometimes it protects careless traders from making fat finger mistakes, but usually it just prevents you from trading during volatile market conditions.

The common will cost you about 100% annual interest to borrow, assuming you can find any shares at all. Of course you won't need a $1:$1 hedge ratio, but it will be very expensive.

Ask Steve Cohen. http://www.businessinsider.com/sac-capital-has-pleads-guilty-2013-11?utm_source=hearst&utm_medium=referral&utm_content=allverticals

This only matters if you want high turnover active investments or high dividend stocks or fixed income. Anyone can buy an index fund and hold it til they die. They'll pay no income taxes and won't pay the insruance company either.

Tomorrow would be a fine time for Penn West to change their name and put this unpleasantness behind them. In unrelated news, the new ticker will be OBE and not PWE starting tomorrow ;). https://www.theocc.com/webapps/infomemos?number=41396&date=201706&lastModifiedDate=06/27/2017+09:54:27

No SEC filing and that one site is the only one with that PR or any reference to the supposed buyer. In addition, the shares offered to buy represent a small fraction of the RDC company, around 5%. I'm not saying 100% it's Fake News, but I wouldn't trade on it...

I'm just a customer, but you can tell it what not to sell via the "liquidate last" toggle in the portfolio view. http://ibkb.interactivebrokers.com/node/223 A long time ago when I had an account solely consisting of a bunch of less liquid stock holdings (not recommended). When I ran into a...

This is a pretty reasonable way to think about it. Yes. If you get sold out of a liquid position when things were moving against you anyway, this may not be a bad thing. If I recall correctly, you don't even get charged commissions on those exiting trades. I used to have ES futures positions...

The really big clearing firms or hedge funds might offer something like this because, at the end of the day, their costs for trading tons of stocks really are fixed if they are self-clearing. Of course if you have to ask, you don't trade enough to justify this sort of deal with a major...

Yeah, I remember when that showed up. Seems like a waste of a row, but i didn't figure out any way to get rid of it. Incidentally, the wrench on the far right side of that top row takes you to configuring the column layout for the Quote Monitor. Speaking of which, There aren't separators for...

If it were easy to buy them, they wouldn't be that cheap. Be very sure you're willing to hold them on fundamental grounds for the long term (years), because it'll be even harder to sell them if you change your mind than it was to buy them.

I have forgotten to put in the IB notification on their end and still had the wire post as expected. No guarantees however (may depend on your situation if they can match it), so it's best to include that as well.