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    IB lost 50m on BRK irregular trades

    NYSE has rules which trades to bust or not bust. Price down to 200 from 600k would be busted (-99%+), while price up to 750k from prior average level of 600k (+25pc) apparently does not qualify. When I signed up for my first IB account in 2001 IB had less than 50k customers, almost all...
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    IB lost 50m on BRK irregular trades

    it looks like this hasn‘t been posted here yet: https://investors.interactivebrokers.com/en/general/about/mediaRelations/6-27-24.php ———————— GREENWICH, CT, June 26, 2024, Interactive Brokers (Nasdaq: IBKR), On the morning of Monday, June 3, 2024, at approximately 9:50 am EDT, the price of...
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    IB to soon offer Taiwan stocks

    It's been a while since IB last added a new country's stock market. TW is coming. https://www.businesswire.com/news/home/20230215005686/en/Interactive-Brokers-Appointed-International-Broker-for-Sinopac-Securities "The collaboration with Sinopac also enables clients of Interactive Brokers to...
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    Interesting info from IB's quarterly conference call

    call transcript: https://seekingalpha.com/article/4380131-interactive-brokers-group-inc-ibkr-q3-2020-results-earnings-call-transcript - Peterffy will start selling 20k shares every day from November, to pay for taxes only. With this pace, he would have sold all his holdings in 60 years.. -...
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    Robinhood Red Flags

    I guess robinhood makes a lot of revenue from stock loan rates. Among the most widely held shares at RH are cannabis, crypto and other expensive recent IPO and glamour stocks that the smart money is betting heavily against and therefore have persistently high stock loan rates (I think, on...
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    "No coding required" solution for algo trading

    i remember this one, used to be called Rizm: http://alpha.accrue.com:3443/home and this one I just found googling: https://algoriz.com I am not familiar with either beyond just looking at their websites.
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    Robintrack

    A whopping 450k of robinhood customers own shares in Aurora Cannabis, the most widely held stock at the broker. https://robintrack.net/leaderboard All the other cannabis stocks with market caps in the billions, revenues in the millions and losses in the tens of millions are not far behind...
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    California Population Growth Lowest In History

    From the article: "Ethan Sharygin, a demographer with the state, said researchers had expected to find a decline in the birthrate but were surprised to see such a large change." call me crazy, but I think the sudden, unexpected and almost global acceleration of the birth rate decline is the...
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    IB 42m bad debt expense - which stock?

    very unlikely a penny stock 1) they are talking about a stock "listed on a major US exchange" 2) IB before already had a 100pc margin requirement for stocks with market cap below 200m usd
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    IB 42m bad debt expense - which stock?

    -- from IB's quarterly CC transcript (seeking alpha): "Second, we disclosed in early March, what was then a $47 million margin loan loss, which is now $42 million and on which we still are likely to collect more. This occurred in the U.S. listed stock in which several customers invested by...
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    Citron is getting screwed by cannabis by shorting TLRY

    when TLRY was 230 or so pre-market, he twittered that he was short "a managable amount of TLRY and will stay short".
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    Citron is getting screwed by cannabis by shorting TLRY

    In all my years watching the markets, I haven't seen anything like this. +109 dollars now or 70 percent TODAY to 264. Citron first announced a long position around 25 or so, then flipped short at 63. Does Wall St want revenge on the guy for bringing down VRX and others?
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    TLRY borrow rate at IB is.......

    BTW, just watching that video. Very good explanation. Thanks for posting. That GPRO and SHAK chart almost looks like TLRY.
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    TLRY borrow rate at IB is.......

    Maybe every participant has kind of a rational explanation for their action, but the market outcome is certainly not rational. Just the 350pc alone is a sign that something is amiss. I doubt there are many swing shorts. This seems to be un-shortable at most brokers. At IB I haven't seen it...
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    TLRY borrow rate at IB is.......

    Yeah. This is just insane. Maybe markets are efficient in the sense that they are hard to forecast, but they are certainly not rational. It feels like the bitcoin set has found a new playground.
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    A spike in 10-year Treasury yields could trigger a financial crisis to rival the Great Depression

    Fully agree. This is why I wrote "apparently". I think QE will share the same fate as Keynesian deficit spending. Keynes never advocated a continuous expansion of public debt. He advocated deficit spending during a recession and paying down during expansions. But the "paying down" part almost...
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    A spike in 10-year Treasury yields could trigger a financial crisis to rival the Great Depression

    I agree. What have central banks learned from the financial crisis? That "unconventional policy" a.k.a. QE "works", and apparently had less downside than experts were fearing. Translation: What used to be unconventional has become part of the normal repertoire, and will be applied quicker and...
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    OTC smart routing using IB

    Maverick, MoreLeverage and remoteControl, I've noticed these things as well (slow or no executions, my non-marketable limit orders not appearing in the quote, asks (bids) moving up (down) apparently in response to my marketable buy (sell) order while I do not get an execution, etc.) My...
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    NIO

    I just looked up the prospectus. 1 billion shares outstanding. 1 ADS = 1 ordinary share. That means the market cap at today's close is 12 billion USD, with options (diluted) probably even more. They are just starting to deliver cars, all right, so the revenue will grow. But in H1.Jun18 they...
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    Madoff trading statistics

    Thank you! That looks very professional! I assumed it must be an external program. Funnily I've just started using R and PerformanceAnalytics, to get some stats that the IB PortfolioAnalyst does not provide (and check some figures)...
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