Unauthorized trades on my IB account.

IB-AN said:
A PM was sent to the OP offering to review the audit trail of the trades he believes to be unauthorized. This audit trail would allow us to confirm the user who logged into the account and submitted the orders in addition to session identifiers such as IP Address and Mac Address.

He declined this offer for reasons we'll leave up to him to explain.
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Thank you for posting this. Sure makes it appear he is either a fraud or has some other ulterior motives. Either way I think he should be banned from this forum. Making these types of claims, but refusing to work with IB to find an answer is beyond belief.
 
The IB rep just contacted me offering to look at my liquidation trades as well, so I provided my info/details.
Although personally I don't have any issues with the liquidation trades, understanding why they happen. I only wasn't sure whether they've closed some of my existing positions, or opened new ones to hedge against the ones that are difficult to liquidate at fair price.
I could probably look at my history/statement to find full details, but since IB asked/offered to take a look then let them.

I still suspect that something similar could've happened to the original poster, or really anyone who may wonder why some strange trades may appear in their account right before market closes.
 
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To be fair, I wouldn't want to prejudge the veracity of the OP's statement without first reviewing the facts, which is why we made the offer. However, I've yet to see one of these claims where a non-liquidation order didn't, in fact, originate from the user or someone to whom they knowingly, or through their own negligence, provided access.
 
At least in my case IB confirmed via private messages that my late-Friday trades were liquidation trades, and IB system closed several of my existing positions due to projected margin deficit the next day.

And I agree it's really hard to believe that anyone would have unauthorized trades in their account, so I always look for reasons for anything unusual on my end.
Besides potential bugs in automated trading systems, another possibility may be resting limit orders that go through after you close TWS.

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maybe market were disorderly like i have seen atm options moving maybe 30% in less than a minte. first i was near 413 then all of sudden i was down many millions. so that could be
 

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this is a bad run even for a serious gambler. that's the opposite of a hot hand. thats the risks you see
 

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Lucius Lupus said:
They kept passing the phone from one person to the next. After 15 mn of music on hold, I gave up. Since my position/loss was minimal, I told myself it was some kind of a system glitch, so I decided to not waste my time pursuing it with IB. But not this time. This time, it's real criminal activity screaming at you from your screen. I've got screen recording, logs back up my activity (they show I didn't log in the day the trades were made).
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passing the phone?

Simply do it as a ticket.
They can take their time and look at the logs -which tell everything.
As a ticket you have it in writing - your request for explanation of the trades and their response. Do important things in writing.

What has happened to common sense in this world?
arg.
Is there a thread worth reading here??
 
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