Interactive Brokers... Another one to watch out for??

    Posted by zach06 on 17th of Aug 2012 at 10:08 pm

    Interactive Brokers Group, Inc. Receives NASDAQ Notice of Non-Compliance with Listing Rules

    re-hypothecation

    Posted by mumpitzchen on 18th of Aug 2012 at 09:24 am

    Does anybody know whether they can do a re-hypothecation with the shares in a cash account (in contrast to that in a margin account) ?

    Thanx !

    Here is a story about IB

    Posted by zach06 on 18th of Aug 2012 at 04:56 pm

    When the crash happened there were obviously a lot of "margin calls".     I am sure the market determined it a "fast" market which means fills where all over the place because of the panic.    I have a small account at IB that used to be very large until I transfered most of the money out.   I like there fills but here is what I don't like.      When the market crashed,    I  was  putting in basically  "bogus"  offers in for credits spreads.    What do you mean by "bogus".   Well..   asking    13.65 credit for a  10.00 point credit spread .     Or   6.50 credit on a five point spread.    It isn't so funny if you are the one being liquidated on a margin call for more than the spread amount.     I was lucky and got filled for numbers that you can't lose because the credit was more than the spread.     Anyway,  the point is ,  that is why I now have a small account at IB instead of a large account.    I don't wan't to take the chance that they pull that stunt on me.   

     

    http://www.interactivebrokers.com/en/general/about/mediaRelations/08-17-12.php?ib_entity=ir

     

    In case anyone doesn't know what the big re-hypothecation means.

     

    http://en.wikipedia.org/wiki/Hypothecation

    Zach - what is a

    Posted by payday on 18th of Aug 2012 at 08:46 pm

    Zach - what is a credit spread? and how do you initiate it with IB

    Thank

    Is there anybody who knows

    Posted by mumpitzchen on 18th of Aug 2012 at 09:12 am

    Is there anybody who knows an (independent) expert who´s commenting this news ?

    Is there a real risk that IB follows the path of MF Global and the others ?

    Thanx

     

    Corzine

    Posted by freddy123321 on 18th of Aug 2012 at 09:21 pm

    Openning a hedge fund! Love this country!!

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