The Allow Past End Time setting just means if the algo fails to get done within the specified time frame (happens more often in illiquid names,...
Assuming you are referring to IB's VWAP algo: not 100% sure, but I believe an empty end time will produce the same result as specifying 4:00pm. I...
Why would they want to lose penny stock trading revenue? There is no reason they would. Rather, they are being pushed around by one of the few...
As recently as 18 months ago, IB used to allow use of their in-house stock trading algos (VWAP, TWAP, etc.) with penny stocks. I.e., it would...
It's not position size; it's order size. You get filled on 2,000 shares one day, and effectively you cannot trade out of it the next day --...
Did you just start trading this month? read the thread. IB has in fact catered to penny stock traders (esp. on the short side) since the...
What about "partial fill" do you not understand?
Well, Citadel won't be getting much order flow in penny stocks from IB with this new policy -- that's for sure.
Also, in my experience (2-3 years ago), Finviz EPS dates were not nearly as accurate as Wall St. Horizons, which now I guess Briefing uses as...
You can subscribe to Wall St. Horizon data via IB for a fairly cheap rate. Not sure about ability to download, though....
Is it even legal to force retail clients to take liquidity when closing out a position that falls below some arbitrary minimum size?
One of the nice features of IB is that they allow you to short OTCBB penny stocks. Obviously, when trading these stocks, the spread is typically...
Correct.
Right. They are offering a great margin rate in exchange for the client accepting automated risk control. That's an excellent trade-off for me...
True. Yet for some reason people seem baffled that IB implements an auto-liquidation program to prevent the very risk you describe.
So your short answer is no, no single broker can match the five basic criteria I mentioned. (If you don't what an algo is, you are definitely...
It rarely happens for large ETFs, but never be shocked when it does. More common for ramped OTCBB stocks.
LOL. Take a look at the 5-year chart of VXX. For homework, find out why it lost 98% of its value.
If the question is whether you are charged a borrow fee for a short position you enter and close out within the same day, the answer is no. You...
Decay from futures rolling and daily rebalancing in levered commodity ETFs benefits shorts. It may or may not be worth the borrow fee and risk of...
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