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Addendum: Because you don't have the simplify checkbox checked right now, to get to that option I think the Global Configuration option will not be under File, rather it will be under Edit.

I feel your pain. IB's changes in the TWS don't always make it better. That being said, have you tried the following? File --> Global Configuration --> Display --> Toolbar --> Check "Simplify menu and toolbar" I think that is what I did to get back some real estate that TWS decided to...

I just wanted to add that if people could not get out of their CHF currency positions because of IB's poorly thought out, poorly implemented, and potentially disastrous price capping algorithm, then IB should pay up. It is only a matter of time before IB is going to get taken to arbitration on...

If I was leveraged short on a stock and it was taken out, would a brokerage forgive my negative balance? Is a currency transaction any different? I understand that this currency move was extraordinary, but I really don't have sympathy for people who do not take responsibility for their actions...

You are displaying IB's response to your inquiry in a public forum, an action which I find to be in poor taste. I think that I add value to this conversation because I believe in paying back debt in full.

In the future, if you want to be forgiven for negative balances, you should be trading somewhere else, like Oanda. Even though I realize you got a bad beat, I am not very sympathetic to trying to get out of your debts after the fact. And as an IB account holder, I would be lying if I said I was...

I trade equities and I've been dinged multiple times by the capping algorithm. And what's really funny is they always tell me that I just need to call in to widen the caps, like that is the solution to the problem. That's all great if seconds don't matter, but they always do and calling in is...

I've complained to IB repeatedly about their idiotic capping algorithm and no one listens. It would not be hard for them to bring up a confirmation box asking if you really, really, really want to submit an order at a particular price, but they refuse to do that. Whoever is responsible for this...

That would be what I would do, although again I must say I am not a tax expert so you should treat everything I say with skepticism. However, if you held shares from 2013 to 2014, then it is possible the cost basis of trades in 2013 would not be affected. It all depends on when these K-1 events...

I am not a tax expert but I do my own taxes - so go talk to a tax expert if you want to be confident in what you are doing. However, I bet a very few percentage of tax experts would know this stuff anyway. You'd probably have to go to a place that specializes in trading like GreenTraderTax...

I seem to remember looking at Free-File Fillable forms before and it was not such a pleasant experience in terms of user friendliness (i.e., not much guidance). I would be very surprised if it were able to import stock transaction data.

I could be wrong, but I think it means that if you do not subscribe to Amex, Nyse, and Nasdaq level 1, then you are getting realtime data from BATS only. Therefore, your NBBO display will not be accurate all the time because BATS represents only 20% of the market. When you enter orders though...

If you are classified as a trader, it is just a business expense.

I don't understand then why people react to these orders then. Wouldn't the market eventually figure out that these orders are just noise and treat them as such?

Okay, then there should be a legal black and white definition of what spoofing is. Can a spoofer not get filled on those spoofing orders? It just seems like the spoofer will be taken out to the woodshed eventually and will either go bankrupt or change his strategy. The market can take care of...

How is spoofing defined? How do you know the intent of someone's order? How can someone possibly prove spoofing? The fact that these orders are live (even for a brief second), means that they can be executed against. How can that possibly be spoofing?

I've made some order typos earlier in my trading career and I took steps to make sure they would never happen again. So I guess I'll never be able to experience the scenario you are talking about. My comment still stands: to be fair, US exchanges need to either make all trades stand regardless...

Allowing all trades to stand is much fairer than the idiotic way US exchanges behave in clearly erroneous situations. There has got to be some penalty for being an idiot but US exchanges let people get away scot-free.

You really need to discuss this with a tax professional, like Green Trader Tax.

Its not about how you wish it to be. It is about how it actually is. If you have evidence that you don't need to report currency transactions, I'm all ears. But basically you are just saying you don't want to deal with it and you've never had any problems just ignoring the issue. I don't find...