Comments on: Interactive Brokers Reports Record Earnings & Expands Markets

by: Patrick

Wed, 24 Jun 2009 13:36:37 +0000

AH ok, the Nasdaq. Thx.

by: Babak

Wed, 24 Jun 2009 01:49:25 +0000

Patrick, yeah Nasdaq usually gets more smart price improvements, at least for me.

by: Patrick

Tue, 23 Jun 2009 17:33:41 +0000

Babak: thx very much for that reply.
On another note, you said that the SMART routing gets you better prices at “suprising frequency”. What exchange do you usually trade on? Nasdaq? I usually trade on the TSX, and I rarely get execution on the SMART.

by: Babak

Tue, 23 Jun 2009 06:17:46 +0000

Patrick, this is a myth that still lingers from the olden days. IB has a massive market making operation but it is separate from its brokerage business. The sort of charge that Mike has alleged is very serious and there is no way that IB would be able to get away with it.

by: Patrick

Mon, 22 Jun 2009 21:16:27 +0000

Mike: I have an acct at IB and I make money. What the heck do you mean that “their trader will trade against you”?
Please let me know. I want to know if there’s anything that I need to watch out for.
Patrick

by: Mike

Sun, 21 Jun 2009 12:52:59 +0000

I have and account with IB traded with them for years never made any money at all. There trader will trade against you. I traded YM e mini on simulation was doing good as soon as real cash bend over hear it comes this is not a accident i have thousands of trades and I’m a expert in probabilty

Trading has nothing to do with supply and demand

by: alpha trading

Fri, 30 Jan 2009 03:36:32 +0000

I also use IB and am very happy. They have a great trading platform (maybe not up to professional standard but pretty damn close!), cheap commission, and access to markets all over the world. Put it this way, a couple years ago I was using CIBC and I called them and asked if I could trade something on the London Stock exchange. They almost laughed and then said they probably couldn’t do that and even if they could I wouldn’t want to pay the commission because it would be so much. With IB its no problem at all.

Only thing i don’t like is they are making it hard for the average IA to compete!!

by: afrey

Thu, 29 Jan 2009 18:06:04 +0000

Interesting article. Check out this related story about media hype myths at Fisher Investments MarketMinder

by: pej

Thu, 29 Jan 2009 11:10:14 +0000

yep, IB is my broker, and I think they’re the best both in terms of platform and price