Recent Content by PatrickStandford

  1. IB using "rounding" to screw clients with borrow fees

    I had not seen that. So while not fraudulent, it remains one of the slimiest fine-print practices I have seen. Who else "rounds" up from $1.01...
    Post by: PatrickStandford, Nov 14, 2013 in forum: Interactive Brokers

  2. IB using "rounding" to screw clients with borrow fees

    They were made aware of it months ago, yet did not respond and continue to engage in the practice.
    Post by: PatrickStandford, Nov 14, 2013 in forum: Interactive Brokers

  3. IB using "rounding" to screw clients with borrow fees

    How much would expect to pay in borrow fee for a $1.01 stock with a listed rate of 5%? Your first guess might be 5% of the position value. If...
    Thread by: PatrickStandford, Nov 14, 2013, 15 replies, in forum: Interactive Brokers