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Interactive Brokers Troubleshooting

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RazzaDazzla said:
On another IB question;

Can anyone share some practical examples of how long it has taken to transfer share holdings from another Chess sponsor (RBS Morgan FKA ABNAmro Morgans) to IB?

I've got some Share's tht have been sitting around for a while and I think the money would be better used elsewhere; Either as collateral for IB margin, or selling via IB and using the cash.

Or is there an easier way to cheaply sell these stocks even though there sponsored into Chess by another sponsor? On principle, I don't want to pay big $ to these muppets to put a sell order on for me.
Click to expand...

Took me 2 weeks with comsec - they didnt want to lose me

all done by fax
 
Hi Tech/A

Yeah Im pretty sure it can be nowadays......for a while now actually, unless they have changed it back again?
 
TWS can be accessed over the weeekend nowdays, it changed a couple of months ago.

I just logged in ok Michael, are you still having issues?
 
freebird54 said:
Took me 2 weeks with comsec - they didnt want to lose me

all done by fax
Click to expand...

So I'm assuming the bottleneck is with the current sponsor? There work experience kid is left in charge of the transfer forms I'm guessing?

I'd hate for my shares to be left in a mysterious black hole for any length of time.
 
Just want to confirm that transferring shares from an existing Chess sponsor to IB doesn't trigger a capital gain event?

From what I understand; it shouldn't. But since IB is an Overseas entity, I just want to double check that it doesn't.

Thanks.
 
Anyone know how to clear this in the drop down list of booktrader?

I've got a list of about 100 instruments in here, most are expired. Nightmare trying to quickly swap.
 

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posted this also on the other IB thread:

any new orders or amended orders will be placed in the market well after nine, while the pre-auction period is open from 7 `o clock.

this fact is sometimes very frustrating if you see a good opportunity and everybody is piling in and you have to wait until IB activate the orders well after 9 `o clock.

now IB have a forum where you can suggest changes and I would like to do that if other people are interested as well.
if that happens I need your support on that forum; the more support, the higher chance of getting the change done.

vote now:)
 
Anyone rolled options with IB? checked with comsec today with BHP calls and there were no market makers thus no market depth

And using the generic combo nothing was shown when I went to transmit the order so if there is no market depth the order does not transmit?

Do they have option market data?

thanks
 
dont seem to be able to take part in the auction for the last 3-4 days.

like LKO this morning in the pre-open
I have no other orders open and the quotes are 0.7-0.8 cents

2 orders come in to buy @ 0.8 cents and I`m trying to sell into their offer @ 0.7 cents

a message pops up lately: order would cross related resting order.

anybody else with this problem?:mad:
 
I am new to IB (a big thanks to RazzaDazzla for answering my questions when I was opening my account).

I just placed a Limit order. I originally thought this order would be able to take part in the pre-open auction. However, when I clicked transmit, a message popped up saying that my order will not be placed at the exchange until 10:00am NSW time. If I wanted to buy on Market Open I simply would have selected a Market order...

Is there something in the settings or user preferences that I need to tick so that my Limit order will take part in the pre-open auction?


Edit: I right clicked my order and clicked "Configure Order Presets". The "Allow Order to be routed and executed during pre-open session" is ticked. I don't understand why it's telling me my order won't be placed until 10:00am...
 
Gav,

Thanks for the kudos; though if you look at my previous posts you'll see I've asked many a 'silly' question.

Please, anyone else correct me if I am wrong, but;

In IB; to buy in the opening auction, you just need to enter a limit price that is well above the last price. I too have seen this message re. the order will not be entered untill 10:00:00am. This message is maybe not 'quite' accurate and I am 99% certain your order will partake in the opening auction.

As for ticking the box to partake in the pre-market; from memory, I can never remember doing this and I have always had my orders filled in the opening auction.
 
Stupid IB question;

How does one trade Aus and US stocks in IB?

I've got IB up and running for buying ASX. I am half seriously looking at opening myself up to the US.

How do I 'apply' to trade US? I'm aware then I'll also be paying for US data. I'm assuming IB splits my cash up into $AUD and $US? Or is it all held in $AUD and then is exchanged to $US when I purchase US shares?

On another note; (maybe more suited for another thread) is there any currency exposure considerations I need to make?

If I'm fortunate enough to make a small profit when I go from $AUD to $US and back again; do I need to declare this? Subsequently; is any loss from exchange rates considered a deduction?

The more I think about it; there's a lot more to trading US than meets the eye.
 
RazzaDazzla said:
How do I 'apply' to trade US? I'm aware then I'll also be paying for US data. I'm assuming IB splits my cash up into $AUD and $US? Or is it all held in $AUD and then is exchanged to $US when I purchase US shares?
Click to expand...

You borrow the $US , when you close out the profit stays as $US which you then convert to AUD if you wish.
 
That's a nifty way of doing it.

So they lend me the $US based on my available cash ($A) and stock balances?

So I will be paying interest on the $US amount borrowed?

Anyone know of any IB webinars etc off the top of there head that explains this process? I'm sure it will be pretty straight forward once I start doing it.
 
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