Australian (ASX) Stock Market Forum

Interactive Brokers Troubleshooting

Jump to new
cheers guys, just one more question

how does IB trade CFDs (though asx?) and is it liquid enough? (for say top asx100/200 shares)?
 
I haven't used IB to trade on the ASX yet....

So today on the sim trader, during the pre-close period I set an order to buy ANZ at a limit of $13 and it was ignored. After close my order was still sitting there even though the closing price was $12.40

What am I likely missing? :confused:
 
MS+Tradesim said:
I haven't used IB to trade on the ASX yet....

So today on the sim trader, during the pre-close period I set an order to buy ANZ at a limit of $13 and it was ignored. After close my order was still sitting there even though the closing price was $12.40

What am I likely missing? :confused:
Click to expand...
You sure it was the ASX listed ANZ you placed the order for on the sim?
 
Tech,

I'm not sure that stop limit would make a difference.

Rub,

Yes. I'm sure. I have the same situation with a few different shares I've tried it on. I don't know what I'm missing but I clearly have something not set right....unless the sim trader simply ignores the open/close auctions. :confused:

CFDs on IB - they're the ASX CFDs and liquidity seems ridiculously low.
 
So I called the helpdesk. The guy I spoke to advised that some features don't work on the Paper Trader accounts such as participating in the auctions. :(
 
Rick_Hunter said:
hi guys, is it just me or are there currently no shortable stocks through IB?

http://www.interactivebrokers.com/e...try=australia&tag=Australia&ib_entity=llc&ln=

Wasn't there about 150ish shortable stocks about 6-8 months ago? How come there's nothing now?


What other options I have to go short that is relative liquid? CFDs? and with whom would u recommend. Thanks.
Click to expand...
Going short on the ASX was the main reason I joined IB and I'm a bit pissed that they don't have any available stock and haven't had for some months.

You could try CFD's but risk management with that could be difficult and you are limited to about 48 stocks and 6 indices.
http://individuals.interactivebroke...s.php?exch=snfe&showcategories=&ib_entity=llc

I've decided to give up trying to find a way that I'm happy with to short the ASX and am now shorting US stocks through IB.
 
MS+Tradesim said:
So I called the helpdesk. The guy I spoke to advised...
Click to expand...
I phoned the helpdesk last week and spoke to a girl that spoke English as maybe a second or third language and was very difficult to understand. Our communications had to be repeated a number of times before I just gave up. Was the guy any better?
 
What I'm having trouble working out with IB is finding out how much of my own cash do I have available and how much have I gained or lost. IB accounts provide me with 6 different balances but and I right in thinking that none of them actually telling me this basic fact?

Does anyone know which figure below in the account is actually the solitary cash figure that doesn't include margin and existing stock?

I phoned the helpdesk about this but I had some trouble. See the post above for details. I've also read http://individuals.interactivebroke...eactivitymonitoring/view_account_balances.htm
but couldn't find what I was looking for. Any help appreciated.

acctwindow885.gif
 
I've got a question regarding using Interactive Brokers on ASX market. I'm currently using commsec until my IB account gets approved in the next few days.

I'm was trading an ASX stock on commsec yesterday that went from 7 cents to 16 cents under 1 hr. During that time, my buy/sell orders were slowed to a crawl on commsec with all orders taking up to 5 mins before going on the market. That could mean making or breaking my bank!

A call to Commsec revealed that the ASX exchange has an Order Vetting Rule which prevents stocks from being manipulated or Ramped. I accept this rule but realize that a 5 minute human intervention is too long....

Any experience from anyone with ASX order vetting on IB?

PS: For more info on ASX order vetting:

http://thinkminc.blogspot.com/2008/09/order-vetting-on-asx.html
 
paulchow2k said:
I've got a question regarding using Interactive Brokers on ASX market. I'm currently using commsec until my IB account gets approved in the next few days.

I'm was trading an ASX stock on commsec yesterday that went from 7 cents to 16 cents under 1 hr. During that time, my buy/sell orders were slowed to a crawl on commsec with all orders taking up to 5 mins before going on the market. That could mean making or breaking my bank!

A call to Commsec revealed that the ASX exchange has an Order Vetting Rule which prevents stocks from being manipulated or Ramped. I accept this rule but realize that a 5 minute human intervention is too long....

Any experience from anyone with ASX order vetting on IB?

PS: For more info on ASX order vetting:

http://thinkminc.blogspot.com/2008/09/order-vetting-on-asx.html
Click to expand...


Never had a problem
Sell or buy at market and one click and its done.
 
paulchow2k said:
Thanks tech/a,
I look forward to playing with the TWS platform next week sometime.


paul
Click to expand...

Their customer service can be quite annoying I find. I am still waiting for my asset transfer to be finalised. I have explained what Etrade needs but they insist that is not the right way to do it ????

What the ???

I cannot use demo until this is finalised. How annoying !!!
 
I agree abundant. Takes about 1 week Im told. I'm now making it cash of $US10K rather than wait for my shares to complete the transfer. The way I figure it, if there is a bounce in the next few days, I've got a few days to play with the paper trading platform...



AbundantIncome said:
Their customer service can be quite annoying I find. I am still waiting for my asset transfer to be finalised. I have explained what Etrade needs but they insist that is not the right way to do it ????

What the ???

I cannot use demo until this is finalised. How annoying !!!
Click to expand...
 
Top