Hi Lone Wolf,
The ASX exchange has very strict rules regarding order submission at prices it deems are outside the range of fair market value. Fines can be in excess of 100,000 AUD for violating this rule. The general rule is 10%. To be more clear, if you were to submit an order to buy at...
Good Afternoon,
Chess sponsored HIN numbers are still in managements queue. I'll update everyone when it is available.
SMSF accounts can be setup with IB, for more details kindly pm myself.
Thanks and regards
Perry Tse
IB Sales Rep
Hi Hawamahal,
We are currently using a US based system that has an initial of 50% and maintenance of 25% for large cap stocks. Certain small cap stocks have higher margin requirements. You can test any stock by bringing up an order in the TWS and using the ‘Check Margin’ feature in the TWS...
Hi Happy2be,
We are focusing on our attention on Australian products.
Adding 200 stocks to our shorting list, fixing up franking/ tax issues, and working on the HIN is part of the agenda in 2011. I dont have a time frame on when it will be completed, however once i have more of an insight...
Hey guys,
To open an IB account, the minimum is $10,000 USD (cash or margin account )
The minimum monthly fee is $10 USD ( if you generate $10 USD in commission, the fee will be waived )
Thanks and regards
Perry
IB Sales Rep
Hi Darkerdragon,
1. For booktrader to show the available market depths, you will need to subscribe to real time market data. You cannot access market depth without real time market data.
2. You can contact myself for the account opening structure.
3. There is no way in bypassing this...
Hi Sails,
Yes, we do have a minimum per order of 2 AUD and if you modify the price it would be considered a new order and thus a 2 AUD fee. Of course if you’re trading more than 6 contracts at a time (which is fewer shares than the previous contact size of 1), you’re still better off with...
Hi Sails,
Commission has been amended, as per multiplier.
http://www.interactivebrokers.com/en/p.php?f=commission > options > asia pacific > australia
Stock Options (multiplier = 100)
AUD 0.30 per contract commission
AUD 2.00 minimum
Cheers
Perry
IB Sales Rep
Hey Ivan,
You will need a certified copy of your documents, signed by a JP/professional and attached with their business card. For further information, please call the helpdesk on 612 8093 7300.
Cheers
Perry
IB Sales Rep
Hi guys,
Its the soft launch for shorting of Australian stocks, due to franking issues. Once we have that resolved, you will be able to short more stocks.
Please short away, if you have any feedback, i'd be happy to pass it on,
Cheers
Perry
IB Sales Rep
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