Bullets would be a great tool to have with IB. Many that trade Nasdaq listed stocks that only need an upbid, e-mini's, ETF's and other instruments may not need them or don't care for them. Anytime that one group of traders has a tool that another group cannot use then an edge is formed. So it also understandable why a trader from a pro firm would not welcome a retailer to have access to bullets. The more traders use them the less the effectiveness.
The SEC is not a big fan of bullets and at this time it appears that IB doesn't have any plans to offer them.
It shouldn't be a big surprise that the SEC isn't too happy with bullets. In this regulatory environment and with the introduction of stock futures, it wouldn't be the right time to push the limits.
Def, I don't get it. Go to http://www.choicetrade.com. They offer bullets at a retail level. How does IB differ from them in the SEC's eyes? nitro
Can't speak for them? Are they members of the NYSE? Did they call the SEC? The size of IB's customer base and trading operations do not justify the risk right now.