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    Identifying when IB is your counterparty

    Quote, "Not accurate. If you do not see customers' orders how are you able to route specific orders through Ideal? Not only do you see customers orders, you also determine whether Ideal can benefit by routing to them and if not you then route to other ECNS or NYSE." It is accurate. The question...
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    Identifying when IB is your counterparty

    Our Chairman answered these questions very clearly at the last Interactive Brokers Group Earnings Call. The order from the brokerage unit always goes to an exchange. There are certain exchanges where we are specialists, so at that time when we see that the exchange, where we are specialists...
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    Problem with IB account....

    It will go away overnight.
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    Best Online Spread Brokers

    We do not support this kind of spreads indeed.
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    6:1 margin for overnight stock positions at InteractiveBrokers

    I am happy that we are on the same page now. OCC-based haircuts dictate a minimum reqirement. Each broker applies its own additional safeguards that must be approved by regulators. There is nothing to argue about.
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    6:1 margin for overnight stock positions at InteractiveBrokers

    Quote from opt789, “How old are you exactly, how many years have you been a risk manager, how many hours have you spent working with managers at the OCC about their RBH file and how Haircut (PM) is calculated?” So, you imply that risk based haircuts are portfolio margin. You changed your...
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    6:1 margin for overnight stock positions at InteractiveBrokers

    If you read the thread more thoroughly, then you will find out that opt789 statement is incorrect and it was proven right here. It is not a voluntary "dressing down" but rather mandatory. Regulators will never allow risk based haircuts to become a portfolio margin because it is really scary...
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    Max leverage overnight w/ portfolio margin

    You can expect leverage better than 1:6 for portfolio consisting of 40 stocks of fairly large companies for 24 hours. It will happen only if positions are spread through the portfolio and not concentrated in a few stocks.
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    Max leverage overnight w/ portfolio margin

    I suppose you are asking about IB portfolio margining. There is no notion of intraday for PM. It is flat through the day except we are loading new risk parameters after 2 AM EST and the margin can and will change after that. We reserve our right to load new risk parameters any time in case of...
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    Reduced margins on pair trades???

    Question, "is it possible to initiate both legs almost immediately?" There is no need to use any special tool to do it. One can issue two orders practically at the same time. They will be executed pretty much instantaneously for liquid products.
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    Reduced margins on pair trades???

    It is possible. I even do not understand what your problem is.
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    IB's margin cut-off time for EUR/USD

    Sorry, we fell a bit behind in time with our Internet information because CME published corrupted risk file yesterday. CME changed margin requirements last night. Your TWS shows new correct margin. I can also reconfirm the intraday period that I provided before. The trade desk information...
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    IB's margin cut-off time for EUR/USD

    FX GLOBEX intraday period is from 8:20 to 14:45 EST.
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    Open E Cry raises ES margins from $500 to $2250

    Let me clear the situation. Futures only accounts have 1/2 intraday reduction. Options are not.
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    IB question

    Quote, "The TWS demo has a fictitious data feed, but it has the advantage that it works 24/7. I don't use WebTrader, but I suspect you are seeing the same dummy data feed as the TWS demo uses." The demo is intended for a demonstration of our platform functionality only. The data feed is not...
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    IB question

    The previous letter contains a correct answer.
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    Looking for web/java based futures trading

    How about IB WebTrader?
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    another reason IB is the pits

    OK, I deserve it. It was just so irresistible to write an answer to this nutcase. Oops, I deserve 10 more :D
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    another reason IB is the pits

    ElCubano, What makes you believe he is our customer? It is impossible if you trust his statements.
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    another reason IB is the pits

    What makes things worse; IB has 8 years of history of constant growth of number of customers, their capital, and executions. We did not miss even one quarter since 1999. It definitely proves that the whole World of traders is crazy.
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