IB Suggestions & Improvements

[IBsoft]

Quote from Babak:

Yet another idea would be to implement some sort of graphical based order entry (click to buy/sell). Dare we dream?

I have asked DAV to contact you so that you can go over some ideas you (and we) have on the subject. Thanks.

 

[alanm]

Quote from QQQBALL:

trading small lots & you wanna charge me exchange fees up the yazoo becuase i trade as a LP. not all brokers do that - im wondering why you do?

Simple. It's required by the exchange. Look at the rules. An LP is not a "natural person". If other brokers don't charge you pro fees, then they are cheating the exchanges. Hopefully, they'll get nailed for it, since other pros are paying higher fees because some people are cheating.

 

[TGM]

IB,

What are the IdealPro trading hours for the holiday? I have emailed customer service twice and they said it would be posted. I do not see it posted on the holiday hours page???

http://www.interactivebrokers.com/en/trading/holidayAndExpirationCalendar.php?ib_entity=llc



OH IB.....OH IB.......

 

[QQQBALL]

Quote from alanm:

Simple. It's required by the exchange. Look at the rules. An LP is not a "natural person". If other brokers don't charge you pro fees, then they are cheating the exchanges. Hopefully, they'll get nailed for it, since other pros are paying higher fees because some people are cheating.

thanks

 

[Babak]

FYI there's a mkt scanner poll on IB's site you might want to take:

http://www.interactivebrokers.com/en/general/education/marketScannerSurvey.php?ib_entity=llc

 

[JackR]

In the "Default Order Settings" -

The "Default Amount" /Def Size combination, when set (in the STK mode) for a fixed $ value rounds the number of shares to the nearest hundred. No rounding and an odd lot amount would be a good option to add. If odd lots are not desirable then a "round up" option would be an alternative.

In the same vein: A new option to set the Order Size to a fixed percentage of portfolio size/available cash/available margin (at the time of order placement) with background computation by the same engine that checks fund availability before accepting an order would be good.

Jack

 

[def]

Quote from TGM:

IB,

What are the IdealPro trading hours for the holiday? I have emailed customer service twice and they said it would be posted. I do not see it posted on the holiday hours page???

http://www.interactivebrokers.com/en/trading/holidayAndExpirationCalendar.php?ib_entity=llc



OH IB.....OH IB.......

normal operating hours. the markets are open.

 

[TGM]

Quote from def:

normal operating hours. the markets are open.

Thanks def ---hope all is well. I assumed IdealPro had regular hours. But wanted to make sure. You guys should post that.

cheers

 

[IBsoft]

Quote from JackR:

In the "Default Order Settings" -

The "Default Amount" /Def Size combination, when set (in the STK mode) for a fixed $ value rounds the number of shares to the nearest hundred. No rounding and an odd lot amount would be a good option to add. If odd lots are not desirable then a "round up" option would be an alternative.

In the same vein: A new option to set the Order Size to a fixed percentage of portfolio size/available cash/available margin (at the time of order placement) with background computation by the same engine that checks fund availability before accepting an order would be good.

Jack

Off lots often get a different (read "often unexpected" and "inferior") treatment. I recommend that you trade round-lots instead.

As to the fixed percentage of the portfolio size:
* Go to page, layout, and from the round-hand-side list add the "quantity type " column. It will at the same time add the "quantity value" as well.
* The two new columns will let you enter a size in terms of currency, deliverable value, or percentage of net liq value. The quantity column still shows you the amount you would trade in terms of shares and contracts.

 

[Lamont_C]

Any idea why the TICK index data for the NASD and NYSE would simply stop? I can't get a response from online help and I'd rather not wait for email help.