Can anyone address these problems w/IB?

"there are some that do but I can't release names"

Any hints on figuring out which?;)

Are they FCM's, IB's, both? are the using the front end only or using your back office as well?


The reason I ask is that they would be a good short term solution until IB gets the OK to accept Canadian accounts again.

Cdntrader
laptc3m@yahoo.com
 
At the risk of sounding dumb :-) What's a FCM?

Also a quick question regarding shorting with InteractiveBrokers. When shorting a stock, is it still possible to route the sale to an ECN? My current broker can only offer direct access for long positions.
 
FCM = Futures Commission Merchant - Its a designation/license given by the Commodity Futures Trading Commission (CFTC) that allows an entity to act as a broker and advisor for futures trading.

Yes to your second question. I didn't realize there were brokers that only allowed direct access from the long side. I would look for another broker.

Kirk
 
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