They have no borrow avail. right now in UCO. It's not just you -- LOL. It can happen at any time with any stock/ETF, although leveraged ETFs...
Find me a broker that offers better stock comms, better borrow avail., better borrow costs, better margin loan rates, and better free algos. It's...
If you're maxing out your margin and involved only in illiquid names, you're getting exactly what you deserve..
Yes.
Yes. It will post at 7.775 as long at the bid and offer remain stable. If the 4.75 bid drops out before the offer fills in at 4.75, you'll have...
I got an email exactly like that a couple years ago. Turns out, it was just because there was an email address mismatch in my account.
One option is to place the order on Nasdaq or IEX with "pegged to mid" set. You put in the limit price to cross the spread, but it will never...
A pedantic troll is disappointed. More at 11.
I'm moving on from my old accountant (too many errors), and figured I'd ask this community for recommendations. I'm aware of Green and Co., but...
Same issue. I reported it to IB a couple months ago. They tried to claim that what I was seeing matched bbg, which it clearly did not.
In your example, you should be charged $2.34 per calendar day. 23*1000*0.0371/365
That sounds about right. Be aware that share prices are always rounded up ($22.01 becomes $23) for the notional loan amount calc., and that...
I've used for illiquid stuff that I need to trade near the open. Doesn't seem terrible for that. But I have not done any kind of anaylsis or...
You have to click on each exchange here: https://www.interactivebrokers.co.uk/en/index.php?f=1590&p=stocks2
They don't mention it, but you can submit pegged to mid orders via IEX in addition to via Nasdaq.
It's not entirely clear. Using CS or Jeff algos will almost always cost significantly more in comm than IB's algos -- that much I know.
I think IBALGO VWAP set to passive might be the best for spreading out an order and minimizing comm/impact. It used to work for OTCBB stocks as...
Can you list them?
There is no advantage to keeping your account woth Reg T when you are able to have Portfolio Margin. I believe the min acct. value is $125k.
Yes, IB rounds up to the nearest dollar when calculating the amount subject to borrow fees. So a 10-cent stock with 10% borrow fee will actually...
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