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Is ticket as used at a "prop" firm different than at a retail firm? I know that when I first traded options at a retail firm I paid a ticket charge plus a contract charge. That is, if I tried to buy 10 contracts I got charged a ticket charge of $5 plus $0.75 for each contract that filled...

What I'd like to know is the reasoning behind IB's action. Have they done a review of forced liquidations and found that accounts with less than $10K often get hit with IB's magical intra-day moving target liquidation program and subsequently get closed? Account opening and closing probably...

It looks to me as though you want to have a tax protected account and a taxable account with IB. One way to do it is with an Advisor account. Take a look at this thread: I have a post in it about fees that you can adjust to yiour situation...

http://individuals.interactivebrokers.com/download/calendar2007.pdf

Try the ET Search function on User Name = Spectra . Jack

If you'll search some threads from a year or two ago you'll find a post from IB about their back-up servers. At that particular time they had some crashes and the fail-over failed. When they corrected the problem some people could not log in as the software bombed when more than 1024 people...

This was in the Release Notes for the version now downloading if you respond to the update message: New Outside RTH Order Attribute A new order attribute, Allow this order to be triggered or filled outside of regular trading hours, combines the functionality of the two trigger/fill...

Yes. 25% of the massive profits. Jack

Dictionary definition: An upper limit; a ceiling Example- The agreement placed a cap on credit card interest rates. Jack

TWS has many features. It would be interesting to know what feature(s) the pro and con Java 1.6 commentors use. I am a pro commentor - I use 1) Basic TWS trade screen to enter "swing trade" equity and option limit orders on the buy and sell side. 2) Occasional use of Book Trader to enter...

Q+: What is your basis for that statement? I can see someone making it up on the fly to get off the phone, but directed? Jack

An interesting question. If you go to the IB web site to download the TWS, let's say to a new machine, when you are prompted to get Java, the link IB provides takes you to the latest version of Java on Sun's web site. The Java version issue seems to be a favorite whipping boy for the...

As far as I'm concerned you certainly have. Your posts are generally clear and concise, not obfuscatory. Almost like a managing director or some such. Jack

No way to tell. Ping time, in a network of links without problems, is a function of propagation delay, and the number of routers. The longer the physical route, the higher the round-trip time. Run the test a few times a day, at different times of the day, for a week or so. Jot down the...

When it started the paper trader definitely had frequent problems executing orders but they've pretty well cleared it up for me (but they still happen). I have no clue about the Asian market and how the paper trader simulates those markets. Where is the "paper server"? US or HK. How does...

US = gw1.ibllc.com (208.245.107.3) mtkgw.ibllc.com (208.245.107.9) You can use the built-in Windows XP ping. Go to Start -"Run" . Click on "run" Type "cmd" in the window that opens. Another window will open. Type "ping xxx.xxx.xxx.xxx" where the xxx is the IP address...

Interactive Brokers (IB) can handle odd lots and basket orders. See this link: http://individuals.interactivebrokers.com/en/software/pdfhighlights/PDF-BasketTrader.php?ib_entity=llc Each stock in your basket will cost $1.00 all-in (up to 200 shares) each way. IB charges a minimum of...

Not unless you are a true professional. If the accounts are truly friends and family and you are not getting paid the answer is generally no. Jack

Try here: http://individuals.interactivebrokers.com/en/general/poll/ibconsultants.php?progid=12&ib_entity=llc http://individuals.interactivebrokers.com/en/general/poll/ibconsultants.php?progid=11&ib_entity=llc Jack

Be sure to read about IB's cancellation\modify charge policy on options. They can come as a surprise if you make a number of changes and don't get filled. Depending on the ticket charge at your existing broker, IB is still probably a better deal, especially if you rarely change or cancel...