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    IB Depositing

    US Automated Clearing House (ACH) Transfer Initiated at IB Multi-day electronic movement of funds through the ACH system. Initiation of an ACH transfer enables you to automatically move funds from a US bank that is a member of the Automated Clearing House (ACH) to IB. Instructions to initiate...
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    IB routing choice

    The 4 options I gave you determine 1. where unmarketable orders will be routed 2. where marketable orders will be routed when multiple exchanges are at NBBO. Making that selection will determine how SMART will route. Secondly, IB cannot route to NYSE when they are not NBBO and your...
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    IB routing choice

    One additional point people have a lot of questions on. For US options, regardless of your commission structure (bundled vs unbundled), IB will route to the exchange with the lowest fee. If multiple exchanges are tied at NBBO, IB will send the order to the exchange that offers the lowest fee...
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    IB routing choice

    You should go to 'Configure' > 'MISC' > 'Smart Routing' At the bottom of that page, you will see 'Strategy' with a drop down box next to it. You have 4 choices. 1. Highest Rebate 2. Primary Exchange 3. Highest Volume Exchange w/ Rebate 4. Highest Volume Exchange w/ lowest fee...
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    IB - Friends & Family, Advisor Accounts

    The account structure is available to non US advisors as well.
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    IB - Friends & Family, Advisor Accounts

    Demo - http://www.interactivebrokers.com/en/pagemap/pagemap_demo.php You need to look for this line on the middle left of the screen, For Advisor or Portfolio Margin demos, click here. Here is a link to video tours we provide of special software...
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    IB - Friends & Family, Advisor Accounts

    There are no additional costs for being in a Friends and Family account structure. It is actually a cost saver if the structure fits your trading needs. 1. Sub account volumes are pooled together for the purpose of reaching tiers in our commission schedules. 2. If you have one very active...
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    A mystery to me how IB calculates commission for options

    Based on an independent third party research, IB's smart router will improve the price of each US option fill by $.22 a contract (on average) compared to the industry as a whole. To say IB's Smart router puts a trader at a disadvantage is incorrect and we semi annually audit our fills to...
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    A mystery to me how IB calculates commission for options

    We consider taker fee's when routing orders and Smart will route to the exchange without a fee if there are two exchanges at NBBO (one with, one without a fee).
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    A mystery to me how IB calculates commission for options

    Traderum, Unmarketable Smart routed orders have to rest on an exchange. Just because you see CBOE doesn't mean the order will stay on the CBOE. Smart means IB will pull the order off the exchange it is resting on and get it to an exchange where the order is marketable if that happens...
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    A mystery to me how IB calculates commission for options

    The commission structure is a tiered model based on volume per month. If you were charged .50 a contract, you have executed between 10,001 and 50000 contracts in December or the price of the option was < .10 http://www.interactivebrokers.com/en/accounts/fees/commission.php
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    IB features

    Risk Navigator & Book Trader are good places to start.
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    Annoyed with ameritrade option policy-venting

    We are discussing two separate issues. The Fidelity rule stated is simply a lapse policy. If you have a GOOG call .01 in the money (the OCC policy for auto exercise) and you do not tell your broker to lapse, the option will be exercised. This is an important point for high priced or high...
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    Annoyed with ameritrade option policy-venting

    I apologize, IB is Interactive Brokers. If the account is a margin account, they should never liquidate you on Friday to avoid a cash deficit on Monday. That would be the only case that would make sense. Unless your in a margin deficit now and they are doing you a favor by giving you...
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    Annoyed with ameritrade option policy-venting

    I am assuming this is a cash account or IRA. In either case, IB will let you hold the positions into expiration and force the account into compliance at 9:40 on Monday morning. You'll probably save money on commissions as well (not just from the difference in rate). IB does not charge for...
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    IB & FX IdealPro

    Bid/ask and last only when it's within those quotes.
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    IB & FX IdealPro

    There is no central exchange for Forex. We would only be able to provide data on the trades we execute. High, Low, Last, wouldn't be accurate for the street as a whole. Depending on our volume to the street, the data could be misleading.
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    IB Secure Device

    Security devices are available to ALL customers free of charge. Interactive Brokers has developed a Secure Transaction Program and offers its customers, at no charge or for a nominal fee, one of several types of small Security Devices. These Security Devices are physical cards or electronic...
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    Is IB asking for "Authentications"? Or is this a hacker?

    Please do not enter your IB information in this pop up. Please contact TAC. We will show you how to delete this program from your PC.
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