Need help for choosing an online broker.

Quote from 1245:

How do you know their availability of locates either in house or out is better than other brokers? They only way to tell is to have multiple accounts and ask for locates each day to have a comparison.

1245
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Yes I have multiple accounts, and I also trade with a a group of traders and we all have different brokers, IB is always the best when it comes to shorts compared to the others.

I make 80% of my money shorting so Im well up on who has the best short list, Ive done my homework.
 
I would have to agree with everyone else that has stated IB as their recommendation... and unless you are shorting large blocks, I wouldnt be too concerned with IB's list given it is pretty deep.
 
Quote from itrader63:

Yes I have multiple accounts, and I also trade with a a group of traders and we all have different brokers, IB is always the best when it comes to shorts compared to the others.

I make 80% of my money shorting so Im well up on who has the best short list, Ive done my homework.
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Several other users also say IB has the best short list. TOS was also good before it was bought. Now it seems IB is the best although it is not perfect (Order through TWS is not very convenient). I'll choose IB. Thanks for you guys' help!
 
Quote from bobfreeman2002:

Thanks! How many times you estimate stocks are unavailable for shorting, say out of 10 times, when you short in interactive broker or other brokers? In Optionshouse, most of stocks with clear signs of falling (>70%) are unavailable for shorting. I don't know that is common or not.
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IB publishes its short stock availability here. You can click through to a single stock and find out the quantity that can be lent out.

http://individuals.interactivebrokers.com/en/index.php?f=shortableStocks&p=shortable
 
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