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For some reason I have been unable to place a buy order on OMH ordinary stock today. When I enter the code I simply get a pop-up search box, and even when I select the stock I want nothing happens. First time I've had a problem - can anyone shed any light on this for me please?

Chees,

DocK
 
thanks IFocus. I will certainly be giving IB a go. They look like they can do all the things I've been after for a long time now.

Just hope that they will execute them orders well.
 
DocK said:
For some reason I have been unable to place a buy order on OMH ordinary stock today. When I enter the code I simply get a pop-up search box, and even when I select the stock I want nothing happens. First time I've had a problem - can anyone shed any light on this for me please?

Cheers,

DocK
Click to expand...

I can only assume I wasn't the only one having this problem as I had no probs placing order this morning.
 
DocK said:
I can only assume I wasn't the only one having this problem as I had no probs placing order this morning.
Click to expand...

Quite interesting indeed that OMH has disappeared on their list on my TWS as well...

I wonder what happens to my pending order for that.
 
Hi Guys,

At home i use the browser based version of TWS but on my away computer (macbook) I run the standalone version as so not to use too much juice on the telstra stick.

Today I reinstalled the standalone version (just went to the website and clicked on download) in order to upgrade but when I fired it up again the previous version appeared to be still installed.

Any ideas, do i need to remove the previous version first, if i do that will the settings remain?

How do you guys upgrade ?
 
cutz said:
Any ideas, do i need to remove the previous version first, if i do that will the settings remain?
Click to expand...

Usually you don't need to. The current standalone version on IB site for some reason is an order version, I think it's 897 or something as I've tried to upgrade before. This has happened before where they keep the old file on site, maybe they just for forgot or something.
 
skc said:
Quite interesting indeed that OMH has disappeared on their list on my TWS as well...

I wonder what happens to my pending order for that.
Click to expand...

Hi Guys

I rang Hong Kong as i had the same problem with OMH not displaying, they said it was a data base issue and it was fixed the following day. I had an open position in OMH at the time and it was not affected but if you wanted to close a position in OMH you would have to ring them and do it through the trading desk.
 
Market Sniper said:
Hi Guys

I rang Hong Kong as i had the same problem with OMH not displaying, they said it was a data base issue and it was fixed the following day. I had an open position in OMH at the time and it was not affected but if you wanted to close a position in OMH you would have to ring them and do it through the trading desk.
Click to expand...

I had a pending open which was not triggered anyway. It's back up now on my TWS.
 
RazzaDazzla said:
Just finished my online application and I am now attempting to fund the account.

After getting through some broken english after calling their "australian" help desk; I beleive a wire transfer is what I need to fund the account quickly.

From what the lady said; I fill in the form that has amount, Currency, sending institution, provide wire bank account number (optional) and then I will be presented with an Australian BSB and account number I can then transfer the money to from my bank. Is this correct?

Also, what is a suggested amount to fund the account with? I can afford to put in up to $20,000 in the account; But I would prefer to keep a lot less in there as my cash is better of where it is atm.

From some time ago I read/saw something that said you needed $US10,000 to open an account with no limits or something?

I don't mind if I have to fund it with $A20,000 as long as I only need to leave $1K-$3k in there at a time.

So how much should I open with?

Thanks
Click to expand...

following on from this i also spoke to the "aust" helpdesk for assistance with initial funding of the account.

i had been trawling threads for info on how to do an EFT directly into their citibank account but couldn't find a definitive answer. anyhow, the helpdesk said I would incur a 1% fee (of total funds obv) for doing this (!?).

wire transfers are inconvenient for me. i suppose i can put up with doing it just once but am I then able to shift funds back and forth from ib -> aust bank account with copping hefty fees everytime?

apologies if this had been answered elsewhere, just struggling to find the answers.
 
dr3wfish said:
following on from this i also spoke to the "aust" helpdesk for assistance with initial funding of the account.

i had been trawling threads for info on how to do an EFT directly into their citibank account but couldn't find a definitive answer. anyhow, the helpdesk said I would incur a 1% fee (of total funds obv) for doing this (!?).

wire transfers are inconvenient for me. i suppose i can put up with doing it just once but am I then able to shift funds back and forth from ib -> aust bank account with copping hefty fees everytime?

apologies if this had been answered elsewhere, just struggling to find the answers.
Click to expand...

Hi, IB's deposit and withdrawl system looks pretty hard but you can do a simple transfer from your bank acct. Make sure you put the reference as <IB AC Number> and <Your Name>
 
dr3wfish said:
following on from this i also spoke to the "aust" helpdesk for assistance with initial funding of the account.

i had been trawling threads for info on how to do an EFT directly into their citibank account but couldn't find a definitive answer. anyhow, the helpdesk said I would incur a 1% fee (of total funds obv) for doing this (!?).

wire transfers are inconvenient for me. i suppose i can put up with doing it just once but am I then able to shift funds back and forth from ib -> aust bank account with copping hefty fees everytime?

apologies if this had been answered elsewhere, just struggling to find the answers.
Click to expand...

Choose wire transfer and IB will show you their BSB and Account number to deposit your money into. It should be a Citibank Australia account.

At this point you have only prepared IB to receive your funds. You still need to instruct your bank to initiate the transfer... usually online but can probably do in a branch if you are old fashioned.

When you make your deposit, as suggested by SkyQ and the transaction notice from IB, include your account number / name as the reference.

There is no IB fee for wire transfer that I know off. Your bank may charge you in which case you should change bank!

When you want to get some money out, check out here and follow the thread

https://www.aussiestockforums.com/forums/showpost.php?p=450962&postcount=472
 
thanks skc and skyquake, excellent answers. i'll get on it today :)

skc said:
Choose wire transfer and IB will show you their BSB and Account number to deposit your money into. It should be a Citibank Australia account.

At this point you have only prepared IB to receive your funds. You still need to instruct your bank to initiate the transfer... usually online but can probably do in a branch if you are old fashioned.

When you make your deposit, as suggested by SkyQ and the transaction notice from IB, include your account number / name as the reference.

There is no IB fee for wire transfer that I know off. Your bank may charge you in which case you should change bank!

When you want to get some money out, check out here and follow the thread

https://www.aussiestockforums.com/forums/showpost.php?p=450962&postcount=472
Click to expand...
 
Please forgive me in advance if this is a stupid question;

Is there an order type in IB that will allow me to buy less than or equal to a cash amount of shares?

Eg.

I want to buy <= $1,000 of XYZ on the open tomorrow.

I would normally put a MKT order in and be filled at whatever price it opens at tomorrow. However this would mean I would need to estimate what value I believe it will open at. Otherwise I will either buy too many, or not enough shares to be equal to or less than $1,000.

Is there an order type where I can tell IB to buy me <= $1,000 of XYZ on the open?
 
Go to their online help and check out limit orders and other order types - there are plenty of them and all the info can be accessed fairly easily.
 
It seems all banks charge as it is a "wire" transfer even if u r at the same citibank branch in Sydney!!! - costs me $10/time- commsec cca and other banks will not even accept deposits from them as it is termed an overseas transaction!!!

you also have to have the swift/routing/bacs codes of your bank


skc said:
Choose wire transfer and IB will show you their BSB and Account number to deposit your money into. It should be a Citibank Australia account.

At this point you have only prepared IB to receive your funds. You still need to instruct your bank to initiate the transfer... usually online but can probably do in a branch if you are old fashioned.

When you make your deposit, as suggested by SkyQ and the transaction notice from IB, include your account number / name as the reference.

There is no IB fee for wire transfer that I know off. Your bank may charge you in which case you should change bank!

When you want to get some money out, check out here and follow the thread

https://www.aussiestockforums.com/forums/showpost.php?p=450962&postcount=472
Click to expand...
 

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