are they cheap because they sell order flow to hfts? bit wary of them because they dont have local presence so not subject to mas regulations. not really looking to save on fees if that means i get worse fills.Ib. Good and cheap
Posted from PCWX using SM-N960F
are they cheap because they sell order flow to hfts? bit wary of them because they dont have local presence so not subject to mas regulations. not really looking to save on fees if that means i get worse fills.
Ib. Good and cheap
Posted from PCWX using SM-N960F
thoughts about saxo vs ib?
https://gdcdyn.interactivebrokers.c...rmSampleView?ad=order_routing_disclosure.htmlanyone actually using ib can give feedback on slippage/order fills? very wary of cheap commission brokers. usually means they are selling order flow in the background.
anyone actually using ib can give feedback on slippage/order fills? very wary of cheap commission brokers. usually means they are selling order flow in the background.
thoughts about saxo vs ib?
hijack this thread to ask some questions on options trading....
recently (actually last friday), i held a few options (SPY PUT 287.5 expire 28feb2020) which had risen in value when it hit ITM for a short moment.
I saw the bid and ask price, and set to sell my options between the range. but it wasnt sold???
so i decided to just low ball myself by selling it dirt cheap but the order was cancelled immediately by IBKR for price out of range?
did i do it wrongly? or the only choice i had at that point was to exercise the option out right and immediately cash out by closing the positions?
i ended the day with 1 of that option unsold and expired worthless
any option traders can enlighten?
Maybe you miss out adding a minus symbol? Instead of a credit order, you made a debit order that's why the price was out of range?
I usually set the limit price at mid then adjust it more towards the bid/ask when I'm buying/selling before transmitting. if can't fill then I adjust until it until it fill.
Anyway if your long options expire in the money, ib would auto exercise it
Posted from PCWX using SM-N960F
i think i set the correct price, becos some of options got sold. but i cant seem to sell all and i cant even lower the price to sell them?
or is there some way i can disable this auto cancel thing?
Set it to market order if you don't mind.
Maybe there wasn't any buyers, I couldn't sell some of my options that didn't have a bid price on it. Options that are near expiry and out of the money have poor liquidity
Posted from PCWX using SM-N960F
I tried IB but the UI is really CMI on my laptop
quite messy
is there a quick guide on how to use the UI? like step by step guide or sth
Tried looking at the videos they have but they have a ton of them T_T