IB account falls below $25K

I was outraged but some of our governmental bodies are untouchable. The SEC is like that - there's little the Little Guy can do to influence the SEC.

And somebody tell me how to trade equities in another country with reasonable spreads and commissions and I'm listening...
 
Quote from ShoeshineBoy:

I was outraged but some of our governmental bodies are untouchable. The SEC is like that - there's little the Little Guy can do to influence the SEC.

And somebody tell me how to trade equities in another country with reasonable spreads and commissions and I'm listening...
More...

you should look at SSF's in the states.

weeble, forgive me if I'm wrong but are you related to QDZ and his partner in crime Mr. NoMoreOption?:D
 
I like the idea of the SSF's, but I've "matured" in my trading to hate low liquidity and spreads. And isn't that what SSF's are all about? If I'm wrong, lemme know - I'm all ears. Are there any SSF's with low spreads and decent liquidity? (I thought I had read differently even on et.)
 
Quote from def:

weeble, forgive me if I'm wrong but are you related to QDZ and his partner in crime Mr. NoMoreOption?
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no relation. i'm just a BIG PDT HATER.
 
Quote from ShoeshineBoy:

I like the idea of the SSF's, but I've "matured" in my trading to hate low liquidity and spreads. And isn't that what SSF's are all about? If I'm wrong, lemme know - I'm all ears. Are there any SSF's with low spreads and decent liquidity? (I thought I had read differently even on et.)
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SSF liquidity is actually very good as you have two sided markets for decent size at any time via market makers. It's the volume that hasn't been great. Take a look at the spreads when you get the chance. they are usually wider than the underlying stocks but only by a penny or two and there is nothing stopping you from splitting the market. Sure, it's not perfect but if you want to actively trade equities with limited resources, your choices are limited.
 
Interesting. Another question then. I was reading through some of the SSF forum threads and one guy complained about one of the SSF's not tracking the underlying stock very well. In your opinion, is that a problem with SSF's or did he just catch a little glitch in the supply/demand?
 
Quote from ShoeshineBoy:

Interesting. Another question then. I was reading through some of the SSF forum threads and one guy complained about one of the SSF's not tracking the underlying stock very well. In your opinion, is that a problem with SSF's or did he just catch a little glitch in the supply/demand?
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if it didn't track well, you'd have an arb.
they might not have taken into the account forward value or dividend factors into the pricing
 
Question :

If an acct falls below $25K, is the acct blocked for 90 days or can the trader still use the acct for futures , options and SSF ?

Just want some confirmation from IB here.

Thanks
 
Quote from H2O:

Question :

If an acct falls below $25K, is the acct blocked for 90 days or can the trader still use the acct for futures , options and SSF ?

Just want some confirmation from IB here.

Thanks
More...

options are part of the PDT so no. However, you can trade futures and SSF's that are in a commodity account (IB designates them that way).
 
options are part of the PDT so no. However, you can trade futures and SSF's that are in a commodity account (IB designates them that way).
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Def,
With a Universal Acct, doesn't IB always designate it in a way the trader can trade SSF and futures ?

Thanks
 
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