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Very true. Having a second trading account is most importantly a credit risk hedge as well (but segregation is a good mitigant in some cases). Fat finger risk is very real, when talking to other people. A big deal if involved with illiquid shares....

I flew too close to the sun a few days ago, shorting a large quantity of an illiquid stock that was not readily located. This trade would have created a large dent in my account had it gone wrong. (https://www.elitetrader.com/et/threads/ib-close-out-advisory.335975/) I am now much more...

As for unfounded fears...this guy obviously would disagree: https://financefeeds.com/interactive-brokers-ex-customer-clash-access-source-code-materials/ I have no legal recourse to your "filters" - hence why I have to take control of the whole process.

OK, will take it up with the "SLB" desk - how do I reach them? There is no SLB option when calling the IB helpline.

Please forget that question...

And one more question if I may: is it possible to create multiple sub-accounts with IB to contain losses in the case of a mishap of this kind? Say 10 sub-accounts where one massive errors wipes out 1 sub-account leaving the other 9 intact?

Thanks for that. It would be great if you could address the rest of the points I have raised in my reply as well. All very important in my view.

Thank you for your reply. I was actually hopping you would comment on my post. "Tonyf, you are jumping to conclusions without fully understanding the stock loan market." I am not experienced in short selling, but have done all the required reading and seminars on your site to say the least...

I have just learned that what IB shows in shortable positions is not necessarily what is available. "Clients should be aware that based on the manner in which IBKR is required to execute a close-out [...] may be especially pronounced in the case of illiquid securities. Clients should be aware...

What will it take for you to quit? This is is now turning into a very expensive hobby...

Quit.

Thanks for that - do you select some auto-roll functionality for the futures or roll them manually on or prior to expiry? Don't want to be left naked...

I know nothing besides VBA (self taught) and it is more than enough for me.The one thing you want to start with is looping - not doable without VBA. IB provides a template spreadsheet loaded with VBA you can start with...

Some are advising synthetic borrow (buy fx, sell future) as a cheaper mean than borrowing directly from IB. I am an equity analyst (fundamentals) and not well versed with what is being proposed here. Any advice to give on this matter? What are the effective borrow rates? and pitfalls? Thank you

+Just spent a couple of days on Koyfin and can't any added value to TWS. What is Koyfin doing that others are not I wonder?

All done. Thanks.

Another one suffering from a small dick syndrome....

£700

Unlike Bloom, Refinitiv is negotiable. I have stopped using them now but used to pay less than $1.5k

No value add in Koyfin whatsoever it seems - replicating what others do already: charting/potfolios: marketwatch SEC/Edgar: bamsec Maybe financial analytics but I think Yahoo Finance sources from Capital I/Q as well So it's all down to real-time: Google finance (Refinitiv) anyone?