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does the "orderstatus"(?) control work okay? i mean, in reporting the status of the order, # shares filled, etc.? does anyone know if IB has plans to add those features (especially the position one)? is it a technically difficult thing for them to do, or just not thought of yet?

crap... it would be nice to be able to "getPosition", to make sure that my program and my account were in sync--- just in case the program thinks it executed an order that wasn't actually executed.... thanks though---- confirmed what i thought :)

i'm trying to program some automatic trading routines, but have some questions... is it possible to "request position" for a stock?--- i think that it's important for some protective feedback, just so that my program doesn't sell short a position rather than selling a long position...

i agree.... it doesn't seem like it would be hard for them to do either... edreyfus calculates their new buying power as (equity-maintenance margin)*4.... makes more sense than what IB has described

is there anyone out there with over 25K in equity been able to buy 100K worth of two stocks?

that's what i thought as well... but two different people on the phone explained the situation that way to me.... (i currently haven't daytraded under these new rules-- i don't have buying power because I'm holding positions on margin) it has the consequence that you can't daytrade two...

I talked to IB quite a bit this morning about this 4:1 buying power thing... they sent out an email earlier in the month saying that they were reducing their inital margin requirement to 25%... it's not really true... the equation works like this: buying power = (equity-initial margin...