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I will try again today. In the event that I am still locked out of the exchanges, who at IB should I send the details to?

If you have an account registered in the company name (the exchange defines a pro as a "non-individual"), then you will likely have to pay the fees to get the quotes...at least that's how the exchange rules read. I am currently fighting with IB here in the states because they have taken this...

I routed BEST on an NYSE stock also and it put my order to buy on the Island. At the time the bid/ask was 15.55/15.60, my order was at 15.60. The NYSE Ask came down as low as 15.54 while my buy order remained at 15.60. Each time I tried to cancel and reroute to NYSE or AMEX, the order was was...

I wrote IB mgmt and the SEC. I question whether they can legally prevent a customer from trading on the exchange without paying quote fees. I have never seen anything from the NYSE or AMEX that says anything of the sort. It was always based on paying for quotes. If IB is allowed this...

The quotes and the trading ability were NOT linked until today. That's my problem. It's not just that they do these things, but the way you have to find out is by getting a "transaction denied" message while you are attempting to place a trade. Of course, tech support says "oh no, it's...

I'm not sure. I only trade the pro account thru IB. They also made some other changes that helped separate me from a bit more of my money. Up until the other day, my pro account and my personal account were linked for quote fees since I was the trader for both. Yesterday I get hit with...

I found out today...as usual the hard way...that IB now forces professional subscribers to subscribe to every exchange that you wish to trade on. Until today, I was able to subscribe to the NASD only, yet trade NYSE or AMEX issues - without receiving quotes. I was told in January that the...

March was a very good month for me. I mix options with underlying positions and also use a good bit of fundamentals...sorta the odd-lot around here. Lotsa covered calls and naked puts.

I keep getting the message box flashing and demanding attention even though there are no new messages. This has happened 4 or 5 times this afternoon.

IB appears down again this AM. According to the status page, it's a gateway this time. I have news out on one of my positions and cannot get thru to cancel my pending option order. I've tried local and thru the web The chat function is not working at all...all I get is a grey screen. The...

I would say "solely on behalf of named account holders" as well. This way, IB is only dealing with the company. The issues with taxes and proper setup are then between you and the IRS and the SEC respectively. That said, the key is that you MUST get appropriate legal and accounting advice...

It doesn't matter what you call it or, to some extent, how the entity is legally structured. If you are trading other people's money, then that's what you are doing. A "hedge fund" is a very loose term to describe a number of similar entities and is often misused, especially here. If the term...

You need more RAM. You can cut and dice what's running but the bottom line is you are short on capacity. I would suggest checking with someone reputable and maxing out the RAM on the motherboard. Other than that, get a new machine. For less than a grand, you can get state of the art compared...

IMO, a lot of the answers to these questions depends on who you are, your experience and your strategies. I constantly sell naked puts as a proxy for covered calls. Of course, I combine this with extensive fundamental research and I actually wish to own the stock at the price I will be put to...

Not sure about the QQQs but with equity options there is a "rolling open". The first thing that needs to happen is that the underlying stock has to open. Since the NYSE has to price everything based on who shows at each post, this can take a few minutes. On the NASDAQ, it's electronic but...

I sell 20x what I buy.

I am not a fan of the prop carnival either. It has it's place but the guys who have shown up here have one idea and that's the only way to make money according to them...the only way to be "professional". I have been hoping since I arrived that somehow, somewhere there would be a bit of...

tnteo, IMO, you do not need a prop firm to position trade. I agree, the firm needs to meet the needs of the customer and vice versa. Position traders and prop firms are not a good match. If I were looking for margin, I'd make a few daytrades and get my broker to give me 4x, then use that...

An MM will back away. It happens to me all the time. I'd rather post a limit at the bid and wait for someone to take it from me. I would suggest looking for autoex when hitting a live bid/offer. IB sets the color to white (I think) when autoex is turned on. This usually ensures a quick...

I believe a prop firm will make you daytrade. Try them out and please report back here if I am wrong. They won't make enough from you if you do not generate significant commissions for them. If they don't "make" you do it, they will likely create a situation where it doesn't make sense to use...