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IB Margin Changes
- Thread starter gtcharlie
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haha jayre, you're a bit misguided here. they are not auto liquidating to profit off of their customers - that's just insane. they would MUCH rather you remain a customer and continue trading and making commissions.
now, that doesn't mean that they do some really stupid stuff to *potentially* save $10,000 here and there.
lol @ the notion that i'm not a new poster. i found this website to post after a google search looking to see if others were upset about the change. i'm not really like most of you, i'm not a trader. i'm an investor.
now, that doesn't mean that they do some really stupid stuff to *potentially* save $10,000 here and there.
lol @ the notion that i'm not a new poster. i found this website to post after a google search looking to see if others were upset about the change. i'm not really like most of you, i'm not a trader. i'm an investor.
Would that be ilegal for IB? If not, why not do it? lolQuote from sprstpd:
You are the one accusing them of autoliquidation for their personal gain via Timber Hill with no evidence at all backing up that claim.
By the way I didn't accuse anyone, it was you who said that it must somehow be a good business decission for IB to make these sudden margin changes, so I threw out an idea that mabye its indeed a "good business dicission". I'm sure Timbar Hill make a ton of money of this autoliquidations, don't you think so?
Mabye (just mabye) the profit of autoliquidation is more then the $1 & 70¢ comissions they will be making for the next year?? have you seen prices when you get liquidated, rock bottom prices. I know if I could buy at this prices I could possibly make a 5% instant return on these position.Quote from given2invest:
haha jayre, you're a bit misguided here. they are not auto liquidating to profit off of their customers - that's just insane. they would MUCH rather you remain a customer and continue trading and making commissions.
now, that doesn't mean that they do some really stupid stuff to *potentially* save $10,000 here and there.
lol @ the notion that i'm not a new poster. i found this website to post after a google search looking to see if others were upset about the change. i'm not really like most of you, i'm not a trader. i'm an investor.
Quote from jayre:
Mabye (just mabye) the profit of autoliquidation is more then the $1 & 70¢ comissions they will be making for the next year?? have you seen prices when you get liquidated, rock bottom prices. I know if I could buy at this prices I could possibly make a 5% instant return on these position.
I follow IBKR. Wall Street wants them to grow their broker business and doesn't care AT ALL about their market making business. In fact, Wall Street wants them to wind it down and return the capital to shareholders. The future (and present) of IB is brokerage. They would never sacrifice a potential life long client for a few bucks in market making. It doesn't make business sense.
Quote from jayre:
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Quote from jayre:
Is it possible that mabye..mabye IB knows how to run their business, and are actually profiting when Timbar hill consistanly buying positions for rock bottom prices when accounts get autoliquidate?? and so mabye IB has a vested interast to have a consistent amount of client liquidations??
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Any thoughts here?
Some thoughts: 1) Look up "timber," "maybe" and "interest" in your dictionary. 2) In English, a single question mark is used.
Hello, 50% of their profits in 2010 was from market making, in 2008 it was 70%.. That's some big numbers, and half of the the profit of the whole company.Quote from given2invest:
I follow IBKR. Wall Street wants them to grow their broker business and doesn't care AT ALL about their market making business. In fact, Wall Street wants them to wind it down and return the capital to shareholders. The future (and present) of IB is brokerage. They would never sacrifice a potential life long client for a few bucks in market making. It doesn't make business sense.
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