Australian (ASX) Stock Market Forum

Recent content by neletto

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    Interactive Brokers Dilemma for Aussies

    Yes that's what I meant. Sorry I am newbie as well maybe my terminalogy wasnot right. I should say opening naked positions
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    Interactive Brokers Dilemma for Aussies

    proffesionals, that is business accounts. You can not open any short option positions with an individual account. So as soon as you use business account, you are classified as professional.
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    How many TastyTraders here in Australia?

    me too please. very keen to open an account with them.
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    Interactive Brokers Dilemma for Aussies

    I have both as well so I check data in the non-margin individual account and do the trading in the other one but it is really slow paced and not very convenient. Sometimes I feel like blind not even seeing the BID ASK prices is really hard. You need to get market data for each exchange to get...
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    Interactive Brokers Dilemma for Aussies

    In order to use option strategies, even if you use a simple Iron Condor you need a margin account with IB. To open a Margin account, you must open an account as a Company rather than individual as they don't accept Australians as individual accounts for margin. This creates one big problem...
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