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...
Our flagship platform, TWS, operates with an open API and MultiCharts is one of the many vendors who offer software that is compatible with the...
https://ibkr.info/article/1783
It is our problem and has been fixed. Unfortunately, the fix will not be recognized by clients until tomorrow as it's subject to an overnight...
I presume that your use of the term "IB" generically refers to an Introducing Broker and not Interactive Brokers, correct? As you're likely...
Speaking for IB, hard-to-borrow fees, if any, are not assessed until the shares are actually borrowed at the settlement date, T+3 (this assumes...
Yes, as long as you have cash in an amount and in the denomination of the underling security that is sufficient to pay for the stock should you be...
Yes, 4 business days.
Based upon the info you've provided it appears as if you are attempting to create a standing instruction to push funds on demand from your bank to...
What's worthless is the commentary of one who believes that IB's fraud prevention with respect to ACH transactions rests on this single policy or...
The policy has been in place for more than 2 years. As to it being worthless, it depends on one's viewpoint. IB finds it a very worthwhile...
The statement that "...IB doesn't allow you to withdraw the money you ACH in for 40 days, regardless of if they initiate the ACH or your bank...
If you read what I said carefully, you'll note I made no mention of SIPC protection and what's written in the agreement you've cited is accurate....
We don't put that language in our agreement because it's part of the SEC rules. No broker could create a customer agreement that's enforceable if...
A margin account alone does not afford the broker the right to lend out your securities, it's the actions you take in that account. If, for...
To be clear, the lending of securities through this program does not introduce unsecured credit risk. As is industry convention, the borrower of...
Yes, but depending upon the delivering broker's procedures, not necessarily simultaneous with the date the position transfer completes.
The answer depends upon the type of security and the date it was required. In 2011, the IRS started phasing in new cost basis reporting rules...
An Interactive Brokers employee with oversight over Client Service operations.
Would we prefer that a client understand the terms of the option contract prior to entering into the position? The answer is obviously yes, which...
Separate names with a comma.