IB says they are still working on it, but when I hear from them I will be sure to post the outcome here.
This incident happened on Monday, March 13th. The last I heard was on Friday, March 17th, when they said that they would examine the audit trail that I had sent the day before. Today is Tuesday. March 21st- 8 days and counting.
I just have one question: Why on earth trade pit contracts? ran out of things to trade? There are so many advantages to trading electronic contracts, I seriously can't think of a single reason to trade the pits.
I trade both electronic and pit contracts. If there were a commodity that had side to side trading with equal liquidity I would of course prefer the electronic. Hopefully the exchanges are progressing toward electronic platforms. But, I find opportunities in some of the pit contracts, meats, cotton, oj (though that is a thinner one.)
1. Commodities as a class have more favorable leverage than stocks. 2. If one considers both pit and electronic markets one has a greater opportunity to find a setup that one likes. It is reminiscent of Woody Allen's line about the advantage AC/DC people have: "It doubles your chance of a date on Saturday night"