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You cannot carry if forward to 2005. I'd suggest that you recompute your 2004 taxes adding the loss transaction to your Schedule D and then file a 1040X for 2004. Jack

Jayford: I "normally" do ER2 using limit orders above the market on a buy or below the market on a sell and saw no delay. If you'd like, PM me with rough times and I'll go thru my audit file to see whether I had any trades about that time and the delay between entry and execution. I have...

GTC: The simple approach to your suggestion is to have the system send an email to the client automatically on closure of a ticket. No control by the CSR. Any closure, the system sends an email. For that matter, any change in ticket status would send an email. If the customer was not...

I think another approach to the Trouble Ticket problem might be as follows: a) Some supervisor or manager gets a simple report stating there were X new trouble reports created today, Y cleared today, W reopened by clients after closing today, and a grand total of Z reports currently open...

Dano: The link you posted - It took me to a "subscribers only" login screen. You must be a subscriber. Thanks for the overall series of posts. Very informative. Jack

Dano: Assume you've read the article. What are "offerings" as defined therein? Jack

Concur as to backfill. Even just a single day's backfill (previous 24 hours) would be good as a link loss\interruption during the day or equipment failure causes my trading to stop until I have accumulated sufficient data to give me confidence in them again. Jack

Try their website under Market Data subscriptions for details- Here is an extract: US Securities & Commodities Non-Professional Bundle (Includes all Stock, Options, Futures and Bond markets) United States Free (USD 10.00 market data fee if less than USD 30.00 in commissions per...

No way to tell. The liability is just what IB owes its customers. The difference between balances in the reports just means IB has more money held for its customers. This could be due to new customers opening accounts, existing customers adding money to their accounts, and\or a growth in...

Complete a Schedule D for 2004 showing the purchase price (you provide from your records) vs the sales price which your broker provided on the 1099 to you and the IRS. You should end up with the $35K you lost. File an amended 1040 (1040X). Since you were trading all your losses were...

Actually IB updates somewhat faster than that. See the thread linked below. Be sure to read the entire thread, at least through IBSoft's second entry, for good info on how IB updates their quotes. http://www.elitetrader.com/vb/showthread.php?s=&threadid=53426 Jack

Last I looked a top Ivy went for about $42,000 or so per year. What is a "TON" of money? Will the $1500 to $2000 you hope to earn on your $7,000 make up for the TON? What does "invested" mean? Is the financial aid based on your earnings or on your and your family's net worth? Is the aid...

Nick: As a resident of Kuwait I'd assume you are familar with IRS Publication 54. If not, I'd go to the IRS web site and review it. It covers a lot of what you need to know as a US Citizen working overseas. Jack

IB interest rates on short sales credits are as follows. Current Benchmark (BM) is 4.310% < $100,000 = No interest => $100,000 = BM - 1.25% => $1,000,000 = BM - 0.5% => $3,000,000 = BM - 0.25% See...

Software holy wars are not my thing. However, it seems to me that for a one-man operation like Nitro who buys one each versus PRT-Systems (who I assume is a company with droves of developers and machines to support) the economics are much closer than would be apparent to the casual, uneducated...

Were you receiving more than 100 quotes\indexes etc? IB adjusts the number of quotes you get every month. You always get 100 for the $10 fee. THe only way you get more is by increased commissions. Was your trading down last month? IB probably adjusted the max number you can receive...

IB's one way for ECBOT YM Unbundled (By volume) <=300 $2.12 <=1K $1.92 <=10K $1.57 <=20K $1.37 > 20K $1.17 Bundled $2.13 Seems competitive to me. Jack

The Fed makes its announcements via press releases on the days they are meeting as well as on non-meeting dates. See: http://www.federalreserve.gov/boarddocs/press/monetary/2006/ Hunt around on their web site a bit. Jack

IB's commission rate goes down as your volume goes up. You start every month at the high rate and decrement down every time you hit the next volume step. This is the way they work it in the futures commission structure. IB commission structure is applied to the various exchange and...

Here is a brief excerpt from the IRS web site. Amounts are gross income, not adjusted gross. If you get a 1099 from your broker showing $100,000 in net sales and your cost was $95,000 then your net income from capital gains, long or short term, was $5,000. Was your gross income $100,00? I'd...