Australian (ASX) Stock Market Forum

Recent content by Perryt

  1. P

    Interactive Brokers Troubleshooting

    Afternoon Kid Hustlr, When you have statement issues, please contact the helpdesk on +612 8093 7300 Thanks and regards Perry T IB Sales Rep
  2. P

    Interactive Brokers

    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...
  3. P

    Interactive Brokers

    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
  4. P

    Interactive Brokers

    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...
  5. P

    Interactive Brokers

    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...
  6. P

    Broker for frequent trading?

    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
  7. P

    Interactive Brokers

    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...
  8. P

    Interactive Brokers

    Hi Sails, Unfortunately the All or None order type cannot be used on ASX options. Cheers Perry IB Sales Rep
  9. P

    Interactive Brokers

    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...
  10. P

    Interactive Brokers

    Hi Burglar, Initial deposit needs to be $10,000 USD. You can fund it with cash or shares. Cheers Perry IB Sales Rep
  11. P

    Interactive Brokers

    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
  12. P

    Interactive Brokers

    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
  13. P

    Interactive Brokers

    Hi Guys, Check out this link for the margin requirements. http://www.interactivebrokers.com/en/p.php?f=margin Cheers Perry IB Sales Rep
  14. P

    Interactive Brokers

    Hi sails, I know management is looking into it, i'll get back to you, once their close to a final decision. Cheers Perry IB Sales Rep
  15. P

    Interactive Brokers

    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
Top