Search results

DMO, IB does provide the info in the Account Management section as you previously posted as well as a page that explains the info that they provide (see link below). However, I agree with you that it would be much more transparent if they put it at the Shortable Stocks page at their web site...

That is an excellent suggestion

The CBOE offers a margin calculator at: http://www.cboe.com/tradtool/mCalc/default.aspx As noted by others, broker requirements may be higher than Reg D

Do you understand that it's possible that the change for the day for closing quotes may be inaccurate if the last trade in the option occurred before 4 PM?

Yep, a march on Washington will do the trick. Tens of thousands of protesters clogging the streets, burning IB effigies, screaming financial epithets! Populism will rule. IB will end up paying us to borrow stock to short. Sign me up!!

Geez, I read two sentences, figured that you needed a high colonic and skipped to the next reply. So was that poor mind control or am I not mind controllable? :)

And there in a nutshell is a description of a day trader's dream.

Yep, I agree because all sectors of all of the various markets are going to do nothing until the spring thaw and hibernation is over! Did the ground hog come out ??

I'm sure that the "idiots" at CNBC are chafing at the bit to do a story like this because they have never heard of things like the indicative borrow rate on short stock. And if they won't do it, all you need to do is find your Sancho Panza and you can ride off to Hartford with your idealism and...

Well Don, I think you're a GRUP because you're over 30 and therefore you must be a bad guy too (wink)

I have two thoughts. The first one is that in your previous post you adamantly stated that it's illegal. In this one it's 1) ... IF it is indeed fraudulent or illegal 2) ... what they have in the contract COULD be illegal What happened to that certitude? Are we in Vacillation 101...

What the true value of the jan 2011 5 strike call is worth at this moment depends on how you define worth. To a more sophisticated trader, over/under value might be the answer. To a less sophisticated trader, it might be as simple as what you can selll it for which is the bid.

Closing quotes are unreliable because the last trade in a low volume option may have occurred some time before the last trade in the stock and may not represent accurate quotes. Also, last trades can be at the bid, ask or in between so that too will artificially affect the appearance of...

Nice jump from the indicative rate you'll have to pay IF you elect to short hard to borrow shares to the problems with credit cards, usury rates and the destruction of the economy. Is the end of mankind as we know it next? As explained to you by several posters, the info is readily available to...

Check the account agreement documents that you signed before expending a lot of time.

Oh paleeeeeeze! Don't confuse me with the facts! :)

Them that can, do. Them that can't, say it can't be done (or teach).

One week is a LONNNNNG term investment to me :eek:

LOL. You may not like the degree of regulation of the SLB dealers or what they can charge but it's hardly a conspiracy at IB to clean out your account. It's a regulated industry. By all means, write your Congressman and change the system. But remember, no one is forcing you to pay the high...

I'm not defending IB or the process but it does appear on your daily statement as a Negative Interest Accrual the day after the borrow rate kicks in.