someone at IB needs thier ass kicked

lol, can't believe how dumb some of you are attempting to appear. It must be a put on. I hope so for your sake.

Hey, Mr Nbbo, are these guys really pinheads or is it just a late April 1 gag.
 
Hey Kiwi, is this you, looks like he's had one too many.

Thought you could use a fiver, in your diminished condition.


New-Zealand-Dollar-NZD-5-bank-note-2003-issue-Alan-Bollard-signature-Hillary-Everest-Massey-Fergusson-tractor-front-KAR.jpg
 
Quote from joesan:

Have you ever thought of a backup broker ? I have two besides IB.
More...

Part of the IB agreement is that you have a backup broker.

By the way, stock777, did you try bringing up an ECN data line on SPY (like SPY ISLAND) and see if you could enter orders directly to the ECN? Or did you just check SPY SMART and see that it was halted? Am just curious. Maybe IB doesn't have the capability right now to handle this type of situation - where the primary exchange declares trading halted. Sounds like a bug in the software to me.
 
no excuse .... for any trader who does not know or have funds or ability to hedge any exposure in futures for any ETF out there

(i.e. SLV "halted" on AMEX ... yes it did seem like ECN's were making a market but one could have hedged in Silver or mini silver futures )
 
Quote from SethArb:

no excuse .... for any trader who does not know or have funds or ability to hedge any exposure in futures for any ETF out there

(i.e. SLV "halted" on AMEX ... yes it did seem like ECN's were making a market but one could have hedged in Silver or mini silver futures )
More...

This thread is getting ridiculous. I wasn't "stuck" in any trades, so I really couldn't care less, but the attitudes of some people here are really astonishing. Do you people (and SethArb, I'm not refering specifically to you) think that the broker should be accountable for NOTHING? They tout their smart routing algorithms, the products trade on multiple exchanges and when ONE exchange went down they halted ALL exchanges that trade those products. Regardless of whether we could hedge or not, or could have a back up broker, or if we could send orders via carrier pidgeon, I mean who cares??? Isn't this a bit of a flaw in the software that other IB users would like addressed?

TNG
 
I do agree with that ...

if the ECN's were allowed to continue to trade and keep an orderly market then
any retail broker should have let their customers have the option to trade with the caveat that the specialist on the AMEX was not making a market in the name
 
Quote from thenewguy:

This thread is getting ridiculous. I wasn't "stuck" in any trades, so I really couldn't care less, but the attitudes of some people here are really astonishing.
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The attitudes in this thread cut both ways.

I find it astonishing that some people think that anyone that doesn't trade any AMEX products isnt a "real trader" - there are these things called futures...

It sucks if IB handled this badly but lets not blow it out of proportion. Real traders have contingency plans, sounds like some people were caught with their pants down.

In any case I'm sure JR will be along shortly to explain why its everyone else's fault but IB's...
 
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