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Thank you for clarifying. There seems to be a lot of noise in this forum.

I read the previous posts, but it is still unclear to me what the importance of "official roll date" is, and what impact this particular day has on me. My understanding was that you can look at the state of roll which is published by CME, which shows the gradual progress of the roll before the...

Margin of equity index futures seem to approximately double during bigger stock market crashes (2008, 2020). The margins for CME equity index futures are still almost double of what they were before the 2020 Covid crisis. When do you expect market to come down to previous levels?

Single stock futures are not a substitute for buying stocks. I hope we will be able to buy Korean stocks. Other brokers (e.g. Boom) accomplished this.

Care sharing your source? When the ETFs get delisted, do they also get terminated and distributed? I think that would be the worst outcome for the ETF shareholders, as the underlying stocks are currently not tradable.

I have to correct my previous post. IB does show the native bid and ask of the futures calendar spreads, if you are subscribed to market data. If not subscribed, then it shows the delayed synthetic bid/ask, not the delayed native bid/ask as I would have expected. In charts of native calendar...

Interesting study that you did. Did you do any study of non-marketable limit orders, IB vs. "free" others, by any chance?

I too am waiting for IB to open Korea. It's a pain. You can open an account with a Korean broker, there is some paperwork, but it works. One of them, I forgot the name, had an English speaking manager a few years ago. The problem is, once you transfer the money and buy stock in Korea, you are...

Do you have any reference confirming this for ISLAND? Also, do those order have higher commission at the exchange than market or limit orders?

It's 1.5 years later and this "tool" is still useless. 1. It lists exactly 1 screen page worth of lines. The scroll bar does not work to show more. I cannot believe that ES, SPY, TSLA, etc. only have ca. 30 trades. The "all" in "Returns all complex strategies on a specific underlying that has a...

IB is very aggressive lending out customers' shares, and the only major broker that does NOT reimburse the customer for the tax cost. Fidelity and Schwab reimburse, if the customer incurs additional tax cost from dividends in lieu. For a buy-and-hold investor with some leverage, this is a hidden...

I made the same observation in a EU based account that I have access to. The margin requirements of the box are higher than in the U.S., and largely independent of the box size, i.e. the bigger the box the better for purposes of margin utilization. For U.S. accounts, the margin requirement is...

You are having a weird situation in the first place, as EURO Stoxx 50 (non-futures) index options got credited to your futures account, if what you are reporting is indeed correct. But please let us know if you get charged anyways. If not, I wouldn't apply your situation to any "normal" U.S...

True, although the accounts are internally completely separate and neither cash balances nor margins are netted, you can see the combined balances and easily sweep cash between them, which it's better than the pure futures brokers which don't offer trading in equities. On the other hand I heard...

For most European countries IB will withhold the maximum rate, ignoring treaties. On top, you can't get a refund yourself from most countries because IB won't give you the required documentation to get a refund as they hold the shares in street name. I'm curious what the tax withholding rates...

I find that very bizarre. Proceeds from index options are usually credited to the securities segment of the account, as (in my understanding) options and securities are regulated by the same government organization in the U.S., which is different from the one that regulates futures (an...

Can I ask you what you do with your Schwab account when you also have IB? I for myself see the (for many countries, especially European) higher foreign dividend withholding tax that IB charges as a huge problem for the buy-and-hold investor. Another problem that I have with IB is the aggressive...

Try Interactive Brokers and buy the foreign stock at their home exchange. You save not only the exorbitant commissions, but also the recurring ADR fees while holding the stock.

I think "Peg Mid" is what I used. Didn't find it any more because it doesn't show when "SMART" is selected. It only shows when FIRST a destination is selected that has this order type. Thanks for helping!

I didn't change anything in my settings related to this. I'm in TWS Classic (auto-updating STABLE version) in the portfolio window. In an order line item, when I select SMART as destination, I get the option of Midprice order type in the order type dropdown selector. However when I select any...