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  1. J

    Ib Quotes With Medved Quotetracker

    Did you follow all the setup directions? http://www.quotetracker.com/help/ib.shtml It works fine for me.
  2. J

    Cheap stock broker for <100 shares / trade

    TradeStation has a $1 minimum (to compete with IB). Just make sure you understand their platform and data costs.
  3. J

    Interactive Brokers Smart Routing

    The answer is maybe, as there are also other "Liquidity Providers" that an order can be traded against. "Liquidity Provider Relationships: IB has entered arrangements with certain institutions under which such institutions may send orders to IB on a “not held” basis. These orders are...
  4. J

    Best firm for options order execution?

    Timber Hill is the largest options market maker and not a HFT. Peterffy has complained multiple times about HFTs picking off Timber Hill's quotes and that Timber Hill might drop being a market maker in some of the worst HFT affected markets. IB's SEC 606 order routing reports for options...
  5. J

    Best firm for options order execution?

    Those third parties are paying for the order flow, so they are looking first to see how they can make money off of your orders. If they can't make money directly then the orders are parked at whatever exchange works best for them.
  6. J

    Best firm for options order execution?

    The subject of the thread is "Best firm for options order execution?" Show us the brokerage firms with better SEC 606 order routing reports for options than IB. TOS only shows option routing to 6 exchanges. They don't have NYSE ARCA (7.0% of IB's orders) and BOX (5.4% of IB's orders)...
  7. J

    Interactive Brokers Smart Routing

    IB's SEC 606 order routing report does list "Interactive Brokers ATS" with 2.5% of orders as a NASDAQ venue. It is not listed as an NYSE venue, but would have to be under 2.2% of orders. I don't see having 2.5% or less of stock order flow being routed to "Interactive Brokers ATS" as a major...
  8. J

    Interactive Brokers Smart Routing

    IB does passthrough ECN charges/rebates with the "Cost Plus" commission schedule. Please list all the brokers (not prop shops) that have per share stock commissions lower than IB. I already know that futures traders can get lower commissions from multiple other futures brokers.
  9. J

    Best firm for options order execution?

    You just suspect "they're sending all my orders to the exchanges with the largest rebates"? That is quite humorous. All you have to do is read OptionsHouse's SEC 606 order routing report to see that not one options order is sent directly to an exchange. Every options order is sold to a third...
  10. J

    Taking actual delivery of a futures product

    Don't buy gold the hard way. You are looking at the wrong gold dealers. Look at Tulving: http://www.tulving.com/goldbull.html 1 Kilo Gold Bars (32.15 Ozs, .9999) are $4.95 an ounce over spot. You would have to ask about 100 oz bars or just buy 3 kilo bars.
  11. J

    NQ delivery with IB

    he index cash settlement is based on "a Special Opening Quotation of the relevant underlying index". Your gain or loss will be based on the Nasdaq 100 SOQ for today. The SOQs are usually made available before noon on settlement day. Read more at...
  12. J

    Multichart and TT

    Switch to a clearing firm that runs the TT FIX Adapter. You might even get a better rate than you are now paying.
  13. J

    NQ delivery with IB

    Cash settlement, no delivery.
  14. J

    The rich pay no taxes, enough is enough

    More class warfare nonsense. In 2009, there were 236,883 taxpayers with $1 million or more in adjusted gross income and 1,470 (0.62 percent) paid no federal income taxes. We are now going to worry about just over one half of one percent of a particular group of taxpayers? These people...
  15. J

    Very active night for futures: TOS quotes down

    If you are spooked by the "MF disaster" you are at the wrong place. TD Ameritrade TOS doesn't clear futures, they are cleared by Penson. Not where I would want my futures account.
  16. J

    Large Trader Reporting Rule - even for penny stocks?

    More burdensome nonsense from the useless and incompetent clowns of the SEC. Here is Large Trader Reporting FAQs: http://www.mondaq.com/unitedstates/x/153300/Securities/Large+Trader+Reporting+FAQs "4. What is an "NMS security"? An NMS security is "any security or class of securities...
  17. J

    When are the Penson brokers going to change clearing firm?

    Penson has had financial probles for years and they have gotten worse in the last six months.
  18. J

    Are US treasury SIPC covered ?

    You have provided no context for your question. I am going to provide an answer so simple that even the dumbest caveman can understand it. If you buy treasuries in an account that is covered by SIPC, then your treasuries are covered by SIPC. If you buy treasuries in an account that is...
  19. J

    When are the Penson brokers going to change clearing firm?

    Don't hold your breath while waiting. Most brokerage firm customers don't even know what a clearing firm is and have never heard of Penson or any other clearing firm. Most IBs are with Penson because it was the best deal they could get and they won't get the same deal elsewhere.
  20. J

    Tradestation as my new broker?

    Read that again. Only institutional accounts are cleared through J.P. Morgan Clearing Corp. For regular accounts TradeStation is self clearing. " For securities brokerage accounts the custody and clearing of and for which are handled by TradeStation Securities"...
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