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    Large retail order

    So what is the average volume of the stock in question? What are your routing choices with E*TRADE? I like the VWAP idea - might make sense to transfer the position to a broker that supports it (like IB, for example). Still, you need to be aware that they're just going to run a bot that...
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    MB Trading: 12 day hold on check deposits

    Quote from ElectricSavant: Then you should not be able to withdraw within 12 days, but you should be allowed to trade... Unfortunately, that's not good enough. You can engineer a transfer back out with a hedged trade that loses a bunch of money in the "new" account and wins it another...
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    IB Suggestions & Improvements

    Quote from roncer: I printed out over 500 pages of trades from my 2006 IB statements. My tax guy is sending it in to the IRS. It's the size of a large telephone directory. Your "tax guy" must not have any other active trader clients, or talk with other tax pros about the subject. The IRS...
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    Cyber--this can't be legal

    Quote from Sanjuro: Interactive Brokers sometimes does the same thing. I see the stock is going to drop. I try to put a short sell for 5 cents below the bid. The IB system will automatically put my short sell 1 cent above the current bid for the short sale rule. If the bid steps down, my...
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    Squawk Box Fantasy Portfolio Challenge

    Of course they can. The rest of the field is harmed when you win the car and they don't.
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    $ Silver $

    Yes, it is. :)
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    IB auto-locate

    So today, I got a different value for DUK: 2.75. Can someone from IB comment on exactly what this translates into in terms of costs for the following scenarios if that is the rate that will ultimately be used: 1. I short and then cover 1000 shares at $29 intra-day. 2. I short 1000 shares...
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    Physical Delivery of Gold

    Most gold and gold miners are not in the US.
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    IB auto-locate

    I saw the previous post on the subject, but asked for clarification because the previous post (3.5) looks nothing like the number I got (0.2100).
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    IB auto-locate

    Apparently, the auto-locate system at IB is now operational. I got the following message some time after attempting to short DUK this morning: "You recently attempted to enter one or more short sale orders in securities which were not available for shorting at that time. We have located...
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    Data providers

    Quote from squeeze: ... As long as they have all this paper work in place then it is fine. Otherwise at some point they are likely to be switched off. ... My point was "why would you think they would be any different in this regard than any of the other hundreds of data vendors?" They have...
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    IB Suggestions & Improvements

    Add lines of market data to the quota for each security for which an account has an open position or an open order. This ensures that one always has at least 100 available for market scanner, option trading, etc. And perhaps a Bitstream-to-English translator :)
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    Machine guns

    To be more succinct, these spurious quotes seemingly _needlessly_ suck up a lot of bandwidth to receive them, CPU to process them, and space to store the resulting quotes. Multiply that by the number of servers and clients in the marketplace that have to process it. And why? Because someone...
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    IB Suggestions & Improvements

    Provide access to the 17:00 ET NYSE crossing session (I). This would be unique among electronic brokers AFAIK. I have the feeling that the orders are sent via DOT and reported just like normal NYSE trades - could be quite easy to implement. Might even bring some more volume to it if your...
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    List of all USA Stocks

    Play with Yahoo Finance. It's got decent sector/industry tools. If you want just S&P 500 stocks, the S&P site should have a list of components with their GICS codes.
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    Machine guns

    If you give BRUT a sell-short order that is below what it believes to be a tick-qualified price, it stupidly goes ahead and displays the order at your specified limit price, but will not execute at that price. If you send it a buy order at a valid, tick-qualified price that crosses it, it may or...
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    Data providers

    Quote from squeeze: Second, how does this company stop people stealing and redistributing data illegaly? The exchanges are very protective of their proprietary data and will fine/shut down anyone who does not have appropriate controls in place. I don't see any difference in this regard...
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    Prop Firm that caters to remote traders

    Quote from Don Bright: ...don't fall for the trap of easy money from a couple of grand...use the money to count cards in blackjack or something that is much more likely to offer you success... Not that I disagree with your main point, but I thought this was funny. $2K/400 = $5 units for the...
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    IB Suggestions & Improvements

    Basket Windows: Make column layout completely configurable (it appears to be, but insists on some columns remaining, like the percentage, multiple quantities, two copies of the ticker symbol, etc., and behaves unpredictably when trying to move/resize some of them). Make it store the user's...
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    How does anyone trade OTC issues?

    People write about it all the time, including the originator of this thread, who got traded through for days. Presumably, there were quotes present at some point, against which his orders were marketable if they were firm quotes, which they apparently weren't. I'd suggest looking at the T&S...
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