You'll never get any price improvement with a futures limit order since there's just a single order book at CME. But with forex, I frequently get...
Likely they will be released only a few days before the deadline. At least that's what I recall from previous years. And the 1099s will have...
I expect QT will survive in some form. I opened an account at TDAmeritrade solely so I could get QT without a license fee. I wouldn't have any...
It's useful to hear an analyst's rationale for their recommendation. Understand their assumptions. Capture their main theme and tuck it away....
I assume you're talking about the new regs that go into effect next year. My understanding is that FIFO is the default method but you can also...
It's the honor system for stock transactions as well. Your broker only reports proceeds from sales, not your cost/basis in the stock that you...
In the perfect world, the value of the stock at the close before the ex-dividend date will be equal to the value of the stock plus dividend when...
Risk aversion caused by Europe's latest PIGS crisis seems like a more likely explanation to me since forex liquidity providers aren't necessarily...
The commission cost is small. It's 0.2 pips with a minimum of $2.50. An exchange of even $100k is just $2.50. Spreads vary somewhat throughout...
You'll get the exchange rate in effect at the time you make the transfer. That will be the IDEALPRO rate if you are transferring a specified...
Here's how it would work with Interactive Brokers. When you buy AUD.CAD (not CAD.AUD), you borrow CAD from IB to purchase AUD. If you want CAD...
About 20% of my forex limit orders at IB are executed with price improvement. I doubt you'll see this with most brokers and results from IB not...
I've never heard of this feature. IB use to E-mail the account statement daily but suspended this when they introduced it online several years ago.
I'm not sure if this would work but go into Configure > Feature Selector > Order Management > Order Entry Tools and you'll find FX Trader. Maybe...
Refco was not subject to the regulations referred to. Forex is OTC and therefore subject to it's own risks.
E-Trade and Fidelity do ACH transfers.
When I last upgraded TWS (earlier this year to build 901.8) I immediately noticed that the commissions reported on the Trades screen were in the...
IB's commission is 0.2 pips (with a $2.50 minimum). Their spreads on the USD/EUR are typically 1 pip and sometimes just 1/2 pip. Do the math and...
Yes. With IB you are buying and selling the actual currencies and taking margin loans when you are short a currency.
I can't comment on TWS for forex versus other platforms since I've only used IB. But two comments: 1) IB doesn't make a market. But they...
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