Account holders maintaining a long security position (e.g. stock or bond) that is worthless but has not yet been cancelled by the depository may submit a request to have that security removed from their account via a process referred to as Dollar for Lot.  Here, IBKR will take over the worthless position for a nominal payment of USD 1.00 as consideration…

You now have more control of which lots you would like to sell from your position.  This will allow you to have better control over the tax implications of your closing trades including selecting lots from your long term or short term holdings or the potential profit or loss…

Background

• By default, orders for some products are entered with a restriction referred to as Regular Trading Hours (RTH) Only. This restriction may prevent submitted orders from executing during the pre and post market sessions. The following article will clarify this time restriction as well as how it can be modified…

Certain funds maintain policies which which restrict shareholders or require a supplementary agreement to purchase shares. The funds offered by Dimensional Fund Advisors on IBKR's platform are generally limited to financial advisors and require that the advisor contact Dimensional directly for approval.  When applying, please be sure to inform Dimensional that you are an IBKR client and once Dimensional noifies us that your account has been approved, your account will be configured to accept orders…

REQUEST TRADE BUST…

LSE no longer has a midday auction.

The only intraday auctions on the LSE are those on the SETSqx segment. Orders for SETSqx symbols will rest in the order book to be included in the daily Auctions at 8:00, 9:00, 11:00, 14:00 and 16:35 GMT…

Cash accounts are not allowed to trade Forex on a leveraged basis, but are allowed to convert one currency to another. As a Forex transaction represents the simultaneous purchase of one currency vs. the sale of another, that sale will result in a short (i.e., borrow) position unless it serves to close or convert an existing long position. Accordingly, Forex orders which would result in a short balance in any given currency, if executed, will not be accepted in a cash account…

In the Classic TWS or Mosaic, simply right click on the position line within your Portfolio page or Watchlist page and click on the small “Close” button. In IBKR Mobile, tap on the “Close” button. This creates an order row or order ticket that identifies the order as "Closing". Be sure to carefully check the order details before submitting the order…

Trading outside Regular Trading Hours (RTH), which includes pre-market and after-hours sessions, requires special attention to certain factors:

1. Order Types and Eligibility:
   • Market orders are generally not accepted during extended trading hours…

In case you have a Cash type account you will not be able to route orders directly to EBS.

Please Note…

Clients holding short stock positions are at risk of having these positions bought-in and closed out by IBKR, oftentimes with little or no advance notice. This is a risk which is inherent to short selling and generally outside the control of the client. It is also subject to regulatory rules which dictate the timeframes by which brokers must act…

Clients will be unable to close odd lots for Japanese stocks through the TWS. In order to place an order to close an odd lot on a Japanese stock, please contact our Trade Desk via telephone…

If you want to close all of your positions and hold only cash, you can quickly and easily create orders to close all of your positions. In TWS, click the Trade menu option and put your cursor on "Close All Positions". You can elect to close a portion of your positions, but if you would like to convert your whole portfolio to cash, choose 100%. Use the "Close Position" window to configure your orders and click OK once you are ready. The orders will automatically transmit, so check your setup before you click OK…

It is not possible to apply a trading restriction for a particular symbol or instrument on your account. As a self-directed broker/dealer, the account holder is responsible for the trading activity on the account. …

To trade during pre-market hours with Interactive Brokers (IBKR), you need to enable the "Fill Outside RTH" (Regular Trading Hours) option when placing your order. This allows your order to be filled outside regular trading hours, including pre-market. Here is how to do it on different IBKR platforms:…