Closing my IB account

Discussion in 'Interactive Brokers' started by Trade_Cents, Aug 28, 2002.

  1. Magna

    Magna Administrator

    I'm surprised that this thread, with IB in the title, hell with "Closing my IB account" being the title, and currently 7 pages long, hasn't enticed Def to jump in yet. I'd be real interested in his perspective on this.
    #41     Aug 28, 2002
  2. He is getting smarter ...
    #42     Aug 28, 2002
  3. Too bad IB couldn't blame the Nasdaq today like most firms do.

    You go down, you better pay up sucker!!!
    #43     Aug 28, 2002
  4. They all go down, sooner or later ...
    #44     Aug 28, 2002
  5. zcar


    IB does a great deal of institutional and program trading. It will be interesting to see if and how the other customers besides retail were affected. Are they on separate server farms, backups, connections?

    Anyone knows?
    #45     Aug 28, 2002
  6. def

    def Sponsor

    options expiry in HK and Australia today - too busy. perhaps later.
    #46     Aug 28, 2002

  7. as a general rule institutional quality brokers not only have backups, they have backups for their backups.

    maybe that explains why retail gets screwed whenever IB has a problem. it's all hands on deck for the whales with the special phone number.
    #47     Aug 28, 2002
  8. Thought you were too smart to get in on this ...
    #48     Aug 28, 2002
  9. lundy


    outages are expected, but customer service should at least be ablee to exit a position. I'm not talking about traders whining about missed opportunity, I'm talking about traders being stuck in positions, even though they had stop orders in.
    #49     Aug 29, 2002
  10. ddefina


    Yeah, anybody know that number?
    #50     Aug 29, 2002