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Greg: Since you are asking in the Index Futures thread - Absolutely- You have opened an account with a broker that allows $500 per contract "margin" on an ES contract. You deposit $5,000. You go long 8 ES at some value, let's say 1300. You've used up $4,000 of your available margin...

Go here: http://individuals.interactivebrokers.com/en/p.php?f=products Then: Click on any Market Center Details link below to find details on products traded, order types available, and exchange website information. Jack

I'm rather certain IB does not average. What you get is the last sale IB received from the CME at the instant the IB server sends you the data. They accumulate the volume between the time slices you are sent. Volume is sent in a separate message. They increased the speed of the updates about...

Mark: I've got a problem with 2 ms anywhere on the backbone. Let's say the backbone is 2000 statute miles long. So end-to-end that is about 3,218 kilometers. Light travels at 300,000 kilometers per second in a vacuum. So: 3218 kilometers / 300000 Kps = .010729 or 10.729...

Before everyone gets all upset - A leased T1 between you and your broker is very expensive, very reliable, and does not go over the public internet to get there. It is dedicated bandwidth over whatever network your provider and the major national carriers set up. A dedicated T1 between...

Maybe! If you just set up RAID "1" you are creating a duplicate disk in real-time. If you set up RAID "0" you are gaining a speed advantage but do not get the redundacy the poster is looking for. If you set up RAID "5" you get speed and redundancy. RAID 0 and 1 require two disks, RAID 5...

Evidently IB feels they are worthwhile and competitive - Here is an extract from another recent thread: SMART, as it appears as an exchange where a trade took place, actually represents any number of dark pools of liquidity that IB has access to. These dark pools charge different amounts for...

It depends on who you want to prevent recovering the data. The various overwriting methods are good, especially if you run the overwrite multiple times with close to random data. A reformatting is next to worthless. If you want to prevent a very sophisticated, determined group like the...

Seems pretty clear. Jack

There is a big difference between a wire and an ACH. However, I don't know the answer to the original question but remember that IB always sweeps all unneeded cash from your commodity account to your stock account. Thus, IB is doing an ACH from your equity account, not your commodity...

Commodity futures (including ES, YM, ER2) are called 1256 contracts by the IRS. They are taxed using the 60/40 rule - 60/40 rule. Under the marked to market system, 60% of your capital gain or loss will be treated as a long-term capital gain or loss, and 40% will be treated as a short-term...

Excessive leverage = greed. Jack

Once your account is opened immediately go to the Account Management function and under the Trading Access area open a paper trading account. The account will be avaiable the next day if you request the account during the normal EDT business hours. Use it to learn the capabilities and...

They give you market depth information and since you do not know what they are you almost certainly don't trade with that information now. Nothing wrong with that, I've never used them. It depends on how you trade. If you go to the NYSE and NASDAQ web sites you can find descriptions of...

I think the key can be found in this paragraph of the FDIC press release: In addition to assuming all of the deposits of the banks, Mutual of Omaha Bank will purchase approximately $200 million of assets from the receiverships. Mutual of Omaha Bank will pay the FDIC a premium of 4.41 percent...

This is from December but if you follow IBKR you might find this of interest - http://individuals.interactivebrokers.com/download/sp_rating.pdf Jack

There is a discussion taking place in the BioCompSystems forum (not here in ET) about the switching problem. Here is an extract of what one of the users is trying to do: What I'm suggesting goes down another path where the swarm receives multiple performance values, one per system and adapts...

Please explain how you get $2.40 a side at the 150 level shown in both your chart and the attachment. IB's unbundled rate starts at $2.35 for <= 300 contracts. Jack

OldTrader - You are correct, I did not save the spreadsheet I ran the numbers up in, must have screwed up a cell formula. ML_Q - OldTrader's calculated numbers are correct. My individual tier commissions are correct. I trade the ES and those are the commissions I actually pay. Jack

Whre are you getting you figures? IB's commissions are "all in." This means there are no additional fees from exchanges, data feeds, platform fees etc. Assuming you want to trade the ES on the CME: 300 @ $2.35 = $ 705 700 @ $2.15 = $ 1505 4000 @ $1.80 = $ 7200 Total all...