See what price shows up on your statement. It will probably match the NYSE closing price. The TWS last price includes after hours trading. So...
The paid-in-lieu is taxed as ordinary income so you pay your normal incremental tax rate (e.g. 28, 31, . . .%). Dividends, if they otherwise meet...
Too late now but what I do is sell to get the loss and then buy a related company to hold through the 30 day wash sale period. Then I reverse...
I'm old school. I believe your broker should be working on your behalf to execute your trades quickly, cheaply and with the best possible price....
Report the transaction to the IRS based on the actual event, not on what was reported to you. Yes, it might get kicked out resulting in a letter...
Of course I hope you're wrong. Every positive thing I've ever said about IB is based on their transparent handling of transactions. They do what...
Yes. Now when you set up a forex symbol (e.g. USD.JPY), you just enter the symbol on a blank line without specifying an exchange. When you want...
You do not understand how IB operates. Simply put, they ship the order off to the market maker offering the best price only when the order is...
You no longer enter an order as IDEAL or IDEALPRO. Just enter the order. Generally you can expect it will be executed when the best bid or ask...
I acknowledge I'm a hyperactive trader and did over $3B in forex in September. I start most trades at $400k to $1M. But I'm on a winning streak...
I've heard 2 hours but others might have better data. Doesn't make sense that it would be minutes for an OTC stock. With electronic matching,...
You probably need to better understand how IB operates with forex. They're not a bucket shop that took the other side of your trade. Your order...
Your statement values reflect the real value of your account as if all transactions are completed in real time. The settlement values take into...
Odds are you don't need/won't use an extended warranty. So I'd save the $ and use for your next purchase. Only exception might be if you really...
True but it's also possible that while your bid is displayed the market will shift down to the point where your bid is equal to the current ask....
Liquidations are automated at IB. No one was looking at your account deciding to screw you. So what triggered the liquidations? If they were...
T's a good long term buy given a secure dividend yield north of 6%.
The market makers display bid/ask prices and Interactive Brokers ships your order off when a market maker price matches your limit order price....
With Interactive Brokers (IB) your limit order is displayed in their system to other traders. You will get executed exactly as you describe...
They won't pay any compensation for this scenario. Their brokerage agreement is clear that their customers should have an alternate source of...
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