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IB is looking shakier than ever.....
recently many rounds of email correspondence regarding their exact coverage
of various contracts produced no response...
only a mention of a page on their website.
Poor customer service.
> -----Original Message-----
> From: Bullseye [mailto:cayenne@xxxxxxxx]
> Sent: Thursday, March 21, 2002 11:59 PM
> To: dgk777; omega-list@xxxxxxxxxx
> Subject: Re: IB Brokers
>
>
> "I asked and they told me that the only way to exit or enter a position is
> when they came back on line. Third time in the past few weeks.
> That may be
> acceptable for a position trader, but not for a day trader."
>
> Not acceptable for any trader. Third time in recent
> weeks...one gets the impression that these brokers forget the
> fact that real
> money is at stake. Since it's not theirs, guess no incentive to even care.
>
> It seems to this layman that at least a cursory investigation
> by either
> the CFTC or the NFA is warranted. Placing that kind of money at
> risk with no
> chance to protect one's position smacks of civil, and to some extent,
> criminal negligence.
>
> Perhaps this century's version of "churn and burn".
>
> Simply unacceptable. Thanks for the heads up.
>
> Jim
>
>
>
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