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Interesting how the "slow market" lasted for a mere 30 seconds.

The point is not the 150, rather for us to better understand "the rules of the game". Note: TD Ameritrade is today a pure agency (after selling their stake in Knight).

I really wish there would be some input from IB to inform us if they have an anticipated time span for this, and if individual stocks on the list will be reconsidered. I have a hard time to believe the posts that these are all "high risk" stocks because there are stocks that have no...

My understanding has always been that unless you have a hidden order, if your order is the best bid, your order will get filled first. This time it didn't happen. Is that because: A) what I'm saying is incorrect even for intraday? With a stock trading at $19, can someone at any moment just...

Here, the customer deposits funds to the broker. THe stock does not have to be riskless; it's enough that the risk is confined.

A) So everyone who uses margining is a gambler? B) Even if the customer was given only 2:1 margining & was totally leveraged, the only time there would be a risk to IB is if there is a risk that overnight the stock will drop 50%--else the client would get liquidated intraday. I could tell...

My trader partner placed an order to buy 1,000 shares of DRL at $18.90, of which 850 got filled at 15:59:15, just 45 seconds before the close, leaving an open order of 150 shares left. The rest of the order NEVER got filled, yet the stock somehow closed $.12 lower, at $18.78!! He contacted his...

Sorry, but you'll have to refer the management at TD Ameritrade & numerous Penson brokers as well--as it seems to me that their margining is more liberal on most (?) of those stocks.

I think it's a bit of an over-reaction to totally eliminate.

DRL is also on the list, even though it has a solid baseline.

Suddenly, I could only buy about 1/3 the amount of shares of a stock I day trade & often hold overnight(s). The CSR said this was a management decision due to market volatility, and they now jumped from some of the best margining to 100% initial margining requirements!! This is from the CSR...

Thanks SL, but this was different; see below: This is the initial answer from IB: OK. so here is the deal. We first routed the order to NYSE and believe it or not, NYSE rejected the order. We were then forced to route to another destination. We tried to hit NYSE a couple of times, and was...

So you're saying that smart route to an exchange which is on "slow"? The reality is that the order did go through for someone; why can't the smart route at least "try"?

You get more attention on this board, in part because other parties can then confirm or deny having the same experience. Nevertheless, would IB customer service be able to confirm the incident through some type of audit trail? Note: I left the issue yesterday after the original posting...

Twice today, while in the middle of the chat, the following quote appeared while I was waiting for the CSR to respond: "ChatSys: No activity from customer side in the last 30 seconds. Session may be terminated by CSR, if customer does not respond". This should only appear if the CSR is...

Copied it to my URL & didnt work.

The only explanation I have for the market increase after the .75bps rate cut, albeit it was below expecations: When the stocks were weak, retail traders liquidated their positions, and MM's & specialists loaded up on shares. The market going up before the announcement did not achieve the...

Thank you. The following is copied from their website: What SIPC Covers... What it Does Not The cash and securities – such as stocks and bonds – held by a customer at a financially troubled brokerage firm are protected by SIPC. Among the investments that are ineligible for SIPC...

I really don't believe IB has any liquidity problems, and I really believe IB regarding only limited directional trading. Nevertheless, I still would like to know, does SIPC insurance cover for a company going under? I thought it only covers for things like employee embezzlement.

Remember that when trading, you are in a battefield--they will do EVERYTHING to bluff you. The only time the market will quite reliably go according to expectations, is if meeting the expectations is to the detriment of the retail trader.