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  1. K

    New IB policy for pro accts...

    Wilzo, You serious? That is an awesome development. Please keep me posted on the progress. I wonder if IB will make any sort of announcement. No announcement was made when the policy was implemented, so maybe it will leave just as quietly?
  2. K

    New IB policy for pro accts...

    Wilzo, I had a brief email discussion with a senior guy too...can't recall his name...but it was very brief. I hope the process is changed by the Steering Comm or whatever authority needs to act upon it. The reality of the situation is that because of my scaling techniques into and out of...
  3. K

    New IB policy for pro accts...

    stevet, I receive quotes from another source. I have both the charting/quotes package and the TWS side by side when I place the order. I can see the Level II (FWIW), time and sales and everything else I need from the other package. So to answer your question...No, I don't want anything in...
  4. K

    New IB policy for pro accts...

    I hate to keep posting this but I fear the point keeps getting lost. The problem is NOT the data, it is access to the exchanges. I only want/need the data once, through my charting program. IB is denying access to TRADE ON THE EXCHANGE unless pros pay for the data. I don't want IBs data...
  5. K

    IB LOGIN problems today

    Earthlink took a nationwide dump this AM according to the rep I talked to earlier. My cable was down due to a local problem and I could not get my dial-up to connect. There were 3 of us here trying Earthlink, one got thru fine and the other two could not for two hours. The co said it was a...
  6. K

    Censorship by this site .. arrogance from some subscribers ..

    You should know better than to speak poorly of prop firms around here...facts or not.
  7. K

    New IB policy for pro accts...

    Some of us have no choice. We are not prop trading with Don or a competitor, we are trading corporate accounts.
  8. K

    IB Level 2 Fee

    $30...for exchange fees? Try $200...twice...and that's not including Level II. I guess they think all of us pro squillionaires can afford it.
  9. K

    New IB policy for pro accts...

    Keep in mind that the payments are for quotes. We are not disputing the availability or payment for quotes. The ABILITY TO BE ROUTED TO AN EXCHANGE is the problem.
  10. K

    Interactive Brokers Fined

    For the record, most brokerages (especially those with many customers) at some point do get fined for one thing or another. Personally, I have always submitted limit orders and been filled at my limit price as it's usually a marketable order - nearly 100% of the time. Even with the occassional...
  11. K

    IB PD AND Legend securities

    alanm is right. That's where the credibility left...and it hasn't returned. You need to get your facts straight before you post. Many come here for useful info, not to have to correct someone's basic mistakes and spend time on this nonsense. If you were asking for help or opinions that's one...
  12. K

    simple improvement for IB

    I agree to take the username out of the email. I think the user ought to be able to choose how they want to receive statements. either via email or login only.
  13. K

    New option trader question

    I use QCharts and IB. Since both have occassional issues, I can usually figure out what's going on between the two of them. QCharts has Level II for the regional options exchanges along with historical T&S and that's nice when it's accurate. I think the MMs fill us to make us go away...
  14. K

    how to close datek account??

    I read that AMTD paid over $1500 per account. I think the going rate was formerly in the $6-700 per account range and some had been higher but never over $1000. I also read that AMTD is almost out of money themselves. Wait til they find out how many of those accounts are empty with customers...
  15. K

    New option trader question

    I can usually squeeze another nickel (sometimes a dime) out of the MM with no movement, with medium to light volume on a series usually with the spread at .20-.25. If I come in selling .10 above the bid, they will sometimes fill me right away. Otherwise I let it sit for 10-15 mins, then repost...
  16. K

    IB lowers options commission to $1

    You may want to ask def about the Korean and Nikkei stuff. I heard that Japan is coming on-line soon and def would know about Korea - that's his part of the world.
  17. K

    New IB policy for pro accts...

    IB mgmt is admitting in the last text that it is NOT a rule per se, but their method of implementation on a related rule. The NYSE rule is that non-individuals must pay pro fees to receive quotes. Rather than attempt to sort out who is paying and who is not, IB is just going to charge...
  18. K

    Quotes fees / pro fees ... help

    I'm trying to find out now whether it's legal for IB to do this. I can't imagine the exchanges want pros denied access because they don't pay to receive their data.
  19. K

    New IB policy for pro accts...

    This is what I got back from IB mgmt regarding denial of exchange access for not paying quote fees: "We sent notification to all professionals mid-March that any professionals that didn't comply with the exchange rules for market data by 4/1 would be cut off. These are not our rules, and the...
  20. K

    New IB policy for pro accts...

    I tried two on the NYSE and they routed fine to the exchange this morning. One of the stocks I had problems with yesterday was IVX. IVX trades on the AMEX. I do not have a subscription to the AMEX, only the NASD. This is still a problem this AM. Try this: If you try to buy IVX (put an...
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