What are you trading in your account, stocks? options? futures? also do you use margin? All of this makes a diffrence when choosing a broker.
If you use margin overnight, you need to be very very carefull if you choose IB, they can liquidate your account without warning even if you...
Do you want to sue the transfering broker or the receiving broker? Which brokers where they? How much is the amount you can "proof" that you lost...
Does your broker auto liquidate? If yes you can look like the guy that had the goog calls. If they will issue you a call before liquidating, you...
More money in reserve would help you "nothing" if the market has a real crash, and bid-ask become so wide that your whole reserve will be eaten up...
I agree, autoliquidation is a great thing. Not giving you 20 minutes to sort out things yourself is awful and creates unnecessary risk for...
Here you go, picking up nickels in front of a bulldozer... with the $2500 loss you probably gave back all your comission savings that you had with...
I would agree "some" answers here are professional, others not so much...
Right, I got my lesson. That's why I don't pickup any more nickels...
I guess you haven't had a problem with your broker yet with your broker. But unless a broker is "perfect" you want to know that when there is a...
What do you mean by "filing a formal complaint in the trouble ticket system"?
Ok, it seems I am not the only one. Below is the quote of OCC re debit spread. Upside Maximum Profit: Limited Difference Between Strike Prices -...
So you are suggestins a broker having a "policy" of liquidating when there is no risk for them.. Sounds redicules policy for me at best, at worst...
Mabye myserious for some is opportunity for others.
No matter how the computer reads it the spread is covered & max risk is the debit paid as long as the spread is in place. It would have made sense...
You should appriciate that, some brokers would never do that even if its their mistake. So I would say stick with TOS
Was there any risk for account/broker to leave the spread as is, or was it necessary to liquidate & create arbitrage? (unless the broker is on the...
The order would have been rejected is the answer. Can't see any reason, unless the broker benefited in some way from the liquidaton.
Ok, but that dosent mean that there is any risk for the account or for the broker. The spread can either be hold thru expiration since you are...
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