Brokerage/platforms terrible in Oz
- Thread starter yonnie
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There's no local fax number. It's international +852-25094102.. or e-mail the forms to the customer service desk help at interactivebrokers dot com
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You can use that too. It's a US number, so you'll have to stick an international code in front of it
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Steve-IB,
What does "Wire Hold" in the Funds Status screen stands for?
I have deposited the fund to open my account almost a week ago. I saw it the Funds Status went to "Fund Received" but now it say "Wire Hold". There is $0 available for withdraw/transfer at the moment.
I have already raised a ticket, but I thought I would get a quicker answer from you in here.
In addition, the web trader seem to be "down" at the moment. Plus access to account management is quite slow at times.
Cheers,
Temjin
What does "Wire Hold" in the Funds Status screen stands for?
I have deposited the fund to open my account almost a week ago. I saw it the Funds Status went to "Fund Received" but now it say "Wire Hold". There is $0 available for withdraw/transfer at the moment.
I have already raised a ticket, but I thought I would get a quicker answer from you in here.
In addition, the web trader seem to be "down" at the moment. Plus access to account management is quite slow at times.
Cheers,
Temjin
Trembling Hand
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with IB you can not withdraw Funds that you have deposited for a certain period. Think its 5 days. Open TWS, go to View, then Accounts, the cash will probably be there to trade.
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Got a ticket back from support, it's the same answer from you.
Since I opened a family and friend account, there is a master advisory account and a personal trading account with its own trading permission. I deposit the money INTO the master advisory account so I guess I cannot transfer them into the personal trading account until the freezing period is over.
Doh, I should have deposit directly into the trading account, but then I think it wasn't allowed at the initial stage. (or I didn't put it in the right account
) oh well..
Trembling Hand
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Got a ticket back from support, it's the same answer from you.
Since I opened a family and friend account, there is a master advisory account and a personal trading account with its own trading permission. I deposit the money INTO the master advisory account so I guess I cannot transfer them into the personal trading account until the freezing period is over.
Doh, I should have deposit directly into the trading account, but then I think it wasn't allowed at the initial stage. (or I didn't put it in the right account
I think they also have to be the same names to transfer them between accounts or IB will not let you transfer money from one account to another even if they are sub accounts of an advisor account. I have an advisor account with soon to be 4 different sub accounts and I cannot transfer money from one to the other as they are all different names. ie a company, a personal, a friends and soon a super.
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Hi could I just ask did Yahoo stop providing Aspect financials free on their au.finance website?
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1. No plans to offer corporation options at this time. We may add them later if there is sufficient demand.
2. Shorting is available now, and has been for a few weeks.
3. I'll have the scanner programmed to work on ASX. Will probably take a week.
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Hi Steve or Anyone that knows,
I have a regular margin trading account with IB. I am wondering is there any way to SELECTIVELY apply the margin to ONLY trades I want? At present it appears the margin applies to every trade I make - which isn't something I want on certain trades.
Is there some way to pick and choose which trades can have the margin applied to them?
IF NOT, how do I revert from a margin trading account to a regular - ungeared one?
Thanks, Nikko
I have a regular margin trading account with IB. I am wondering is there any way to SELECTIVELY apply the margin to ONLY trades I want? At present it appears the margin applies to every trade I make - which isn't something I want on certain trades.
Is there some way to pick and choose which trades can have the margin applied to them?
IF NOT, how do I revert from a margin trading account to a regular - ungeared one?
Thanks, Nikko
but on your website, it is said it is not available to short on ASX.
http://individuals.interactivebrokers.com/en/trading/shortableStocks.php?ib_entity=llc
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I think you misunderstand how a margin account works. Even in a margin account, you only actually use margin if you do not have the cash in the account to fully cover the purchase of the stock.
Thus, the account acts as a cash account - until the point where you don't have the cash to fully cover the position
(Account stats will still show a "margin requirement" - as this tells you what you need to open/hold a position)
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Sorry, that's a problem with the website. It shows none available for part of the trading day. Trying to get it fixed.
Currently there's around 150 stocks available to short. Best way to check if a stock is available is to place an order away from the market and see whether the TWS accepts it.
I'll get the website fixed.
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Steve,
thanks for this - thats a relief - confused by the terminology in a few screens but thats good. Thanks, Nikko
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Steve,
So sorry but JUST TO CONFIRM - when you have a margin account and you place a trade and go to transmit the order it pops up and advises of the MARGIN IMPACT - but this doesn't mean that you're using the margin facility on the account at all?
Sorry to double check.
Cheers, Nikko
So sorry but JUST TO CONFIRM - when you have a margin account and you place a trade and go to transmit the order it pops up and advises of the MARGIN IMPACT - but this doesn't mean that you're using the margin facility on the account at all?
Sorry to double check.
Cheers, Nikko
