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A message to anyone from IB: I think most of your loyal clients would agree that we'd prefer you roll out far fewer new versions but spend much more time testing each one before their release. Improvements and refinements are a good thing, but obviously there's something wrong with your...

I was thinking the same thing. Between that and his calling what AIG did "basically insurance fraud", he probably already knew his days were numbered and just decided to start telling it like it is - to his credit IMO. He's the only one on the network who consistently seemed genuinely angry at...

I wonder if that girl from the article will be getting a visit from the IRS soon as a result of her 'exposure'. Ah what the hell, she probably already has a special arrangement with the agents assigned to her. Also, she's 29 now ... that 'job security' she claims has an expiration date much...

Good question. In my case I've received them for DBC, UNG, and USO, out of maybe 10 or 12 that I traded. I trade mostly futures, so the ETF trades were mostly 100-200 share lots - we're talking very small numbers here. The bigger question is why does the IRS allow these guys to send out...

For the first time I've been receiving these K-1 tax forms from ETF companies that I traded in '08. The problem is I had already sent my tax stuff to my accountant and these forms are STILL trickling in. I got 2 more a couple days ago, for USO and UNG, so now my accountant has to re-do my...

Where did you get the word 'frozen'? Falling below $25k just means you can't do intra-day round trips.

Thanks ... we'll see if she holds. If we re-test the rising lower TL around 750 the IHS will still be intact, but risk of failure increases, imho.

Anyone else see the possibility of a retest of 752.50 for right shoulder of IHS, if this is to be the start of any significant rally?

Listening to governor Paterson talking on cnbc this morning about New York State's dire financial condition, it would seem that the hit to Wall Street from this tax would just about send NY over the edge.

Wouldn't that be giving a pass to "Wall Street" at the expense of the public, which would seem to be the exact opposite of the bill's stated intention?

I tried. IB's comment was "IB can not comment on that".

I keep trying to figure out how the CME would survive a 4000% increase to its participants' cost of doing business. 1 ES contract would go from costing $5 commission to $200 round trip ($1000 for the big S&P). How can the exchange survive this, and would Obama, Hillary, and others with ties...

I think it would help alot if the author of this letter found a substitute for the word "trader" in the title. Really... it draws attention to the "speculator" contingent the bill is trying to eliminate, and we are trying to make the point it will hurt more than just the speculator, are we not?

I would very much like to see a representative from IB or any of the other brokers weigh in on this board as to what their firms are doing to prepare for and/or fight this tax. Many jobs in the industry in jeopardy if this bill passes.

I just had an interesting chat with IB about this, trying to fish for what may or may not be going on or talked about behind the scenes regarding the tax. Every one of my comments/questions was met with "IB has no comment on that". It was frustrating - I was trying to convey to this person I...

Any type of order is 1 click if you set it up that way. Because it's Sunday morning right now I couldn't find the links to hotkeys or turning off the need for order verification for you, but trust me .. you can customize TWS to be as fast as you are.

Thanks ... that's a great reference tool.

Apologies if this was posted already ... It looks like they're trying to slip it into a bill to help pay for universal healthcare coverage. http://www.pnhp.org/docs/nhi_bill_final1.pdf (search pdf for "transactions")

As far as I know there's been no mention of only the losers of each trade having to pay the tax. They will collect .50% on each transaction (.25% from the winner, .25% from the loser). A transaction tax would kill liquidity, which would be bad for the whole system. Long term investors buy...

Very disturbing. Can you at least give us a clue who it is? ... consider it a public service maybe?