No it would not work this time as IB would automatically liquidate them as soon as it sees you owning the shares. There is already a poster on ET here that had all of the non-EU ETF's auto-liquidated by IB and he actually suffered losses as a result of that so don't do it. https://www.elitetrader.com/et/threads/ib-again.322167/
Don't know about Tastyworks. But Tradestation acts as an introducing broker to IB UK for international (including EU, obviously) clients. So we would be going in circle unfortunately.
Hi I want to clarify something. Yes you can long Spy if it was assigned to you. IB doesn't liquidate if you have the margin to take it. You can't open new positions in Spy. You can't close that Spy with combo orders, the only way is right click on the position and close. I don't know what happen if you buy itm calls and try to exercise them. But if someone wants to buy Spy, or any Etf, there is another way. Sell deep itm puts. The holder will early exercise them and you will be long Spy. If you have the margin to take the Spy IB dosn't liquidate your position. Thanks.
as Well as all the non european traders trading with IBUK who now get stuck with the same limitations a european traders
I opened here another thread: https://www.elitetrader.com/et/threads/which-us-brokerage-uses-ib-llc-as-clearer.322213/ Maybe it helps
Really?! So a resident of, say, Hong-Kong or Australia, trading with IB UK will be subject to the same regulation and banned from trading US ETFs just like an EU resident?