Thanks for your input Knight, but I'm not sure I follow the rationale for the 75 cent cutoff. At IB, we pay 2 cents a share to trade...
Gee, I guess no one cares that it was posted here about options .25 itm getting automatically assigned, when thats clearly wrong. I wouldn't...
Just found this lovely ditty, which may explain what happened. If someone can explain the justification for the dual pricing scheme, I'd love to...
I just had the unpleasant experience of 'assuming' that some options I held would AUTOMATICALLY be assigned as they were in the money by 60 cents....
Is that a 3% profit or loss?
I agree 100%. If you are live and accepting orders, there should be some warm bodies around to answer the phone. Shouldn't have to call 10,000...
So others have noticed :) ARCA seems fond of placing 6 cent bids on NYSE stocks. Maybe its an advertisement to remind folks they can use...
I doubt it. It probably the Schwab Market Makers, not retail.
Question for you DeeMan, have you used these same techniques for Nasdaq trading? Essentially, the same dynamics apply, it's just more...
An unpleasamt experience, no doubt. I'm sure folks have lost 10's of thousands and more under similar cicumstances, if that makes you feel any...
Pattern Day Trader. Always thought it had the taint of something tawdry, like Pattern Sex Offender, or Pattern Adulterer. OTOH maybe...
What's the exact reason that some firms only allow or at least encourage NYSE trading? I read somewhere that there was a rebate given by the...
All you have to do is 'hit' the MM first, if you really thought they were that dumb. If no trade, then you leave the ECN alone. Not...
Nice. Looks like I may have to put my programming hat back on. (ouch) IB is certainly providing value added to the platform.
Buying puts or shorting the stock outside the 401k was such an obvious move, that I'm shocked more people didn't do it. I have not...
Been using the G450 for over a year, have a driver from 6 months ago, and NEVER a problem with IB or any Java. W2000 system.
No need to trade 10 shares lots. That's silly. 50 or 100 shares is fine, 100 is less hassle, and easier to move in and out of. And...
What we really need are user specified default routings , that will populate the screen upon the simply typing of a symbol. Having to select from...
PS. I'd be glad to put up the hard cash in advance, so there would be no risk at all to those nervous brokers.
What risk?????????????????????????????????????????? If I'm long stock and long a put, the worst that can happen is I sell the stock , and...
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