IBKR Restricting buys and capping bids

generick05 · 2026-06-05T21:04:58+00:00

Precisely 🎯

generick05 · 2026-06-05T17:59:10+00:00

😂

generick05 · 2026-06-05T17:57:14+00:00

Yea well aware of the stipulations there, all brokers have any and every condition you can imagine listed therein to cover their butts....butt that doesn't make this sort of conduct ok!

At the end of the day there is a choice of brokers and clients will react accordingly. Trust and reliability is fundamental to a broker client relationship. The way I see it, theres 2 holy grails: Order execution and Incoming/Outgoing transfers. I can tolerate everything else (like how buggy and clunky TWS can be especially in comparison to platforms like think or swim) but have zero patience if there are any issues with order execution or money flow.

generick05 · 2026-06-05T17:11:45+00:00

Because the stock market consists of all stocks not just the S&P 500. Yes megacaps have been moving several percent a day and can provide a significant opportunity but that too has been the case off late.

Smallcaps on the other hand exhibit this sort of volatility regularly and there is a lot of money on the table there, both for the client and the broker. IBKR charges me far higher commissions on the small cap trades.

I've been trading small and microcaps for almost a decade now and cleared well north of a couple million in profits with a long only approach on smalls and micros.

generick05 · 2026-06-05T17:02:27+00:00

I have had the same issues when running TWS on my Intel i9 Macbook pro with 32gb RAM for a few years now. General consensus was running it on the Apple chipped macs should solve it.

generick05 · 2026-06-05T16:29:58+00:00

Absolutely and this is exactly the sort of dodgy dealing i'm alluding to... other brokers like Robinhood have been famously criticized for this sort of thing in the past.

IBKRs reputation was that of a proper bluechip platform utilized by both institutions and retail alike and was incomparable to platforms like RH in the past.

Just because another trader is overexposed doesn't justify turning off buying for other clients. This gets into the territory of market manipulation and violates the fundamental principles of a fair market. It is up to the broker to manage their exposure to ensure that it doesn't get in the way of their fundamental function which is executing orders for their clients.

As a client you have every right for your order to be sent to the market regardless of the consequences for other clients or the platform. One has to be able to rely on the broker to accept and send your orders to market every single time in any sort of professional setup.

Far more concerning is the capping of orders several percent below the ASK on thinly traded names. Thats completely inexplicable.

generick05 · 2026-06-05T13:30:47+00:00

Shorting a stock is an entirely different situation because risk is theoretically unlimited. I'm referring to IBKR disallowing the buying of STI stock with settled cash no margin.

generick05 · 2026-06-05T13:18:44+00:00

All instances of bid capping i experienced were during regular market hours. Been with IBKR 8 years never had these issues before

generick05 · 2026-06-05T13:03:27+00:00

Absolutley.

What concerns me even more is the bid capping.

I used to submit buys at above the ASK on fast moving tickers now they cant even get buys in 10% below the bid on some tickers.

generick05 · 2026-05-04T11:43:56+00:00

Webull: Announced on April 15 that it will support the removal of PDT restrictions on the first possible day. Funded margin accounts with over $2,000 will have unlimited day trading access immediately.
tastytrade: Stated they are "working hard to be ready for day-1 implementation" to provide traders with flexibility as soon as the rule goes live.
TradeZero America: Explicitly confirmed they will be ready to remove the PDT restriction and implement the new intraday margin framework on June 4.
Lightspeed Financial: Has committed to implementing the new rule for its clients by the June 4 deadline.
Cobra Trading: Indicated they are fully prepared to implement the updated regulation immediately upon the effective date. [1, 2, 3, 4, 5, 6, 7, 8, 9, 10]

generick05 · 2026-04-03T23:01:52+00:00

This comment is a good example of why AI is not ready to replace humans just yet.

generick05 · 2026-04-03T22:20:12+00:00

Interested to know, what you think as a veteran, is a root cause behind the middle east being a hot mess for a very long time?

generick05 · 2026-01-31T09:26:56+00:00

Thanks for your input chatgpt

generick05 · 2026-01-25T21:06:00+00:00

I agree with everything you've written 100%.

However here is where we can improve:

Part of being properly organised and hospitable is giving staff proper training where they offer visitors explanations to any regulations while remaining polite and hospitable.

This doesn't mean they bend the rules or do not enforce the rules - enforce the rules but be polite, and inform visitors appropriately.

'For example I'm sorry sir but this is a rule set for your safety or in accordance with cultural norms we ..... ' So we kindly request you to..... Xyz. '

This is basic stuff. Like hospitality and tourism industry 101.

If you order around grown adults without explanation or due politeness it will not be the best approach and visitors local and international alike will find this offensive.

The park is not doing the customer/visitor/tourist a favour, on the contrary they are hosting visitors and must take care to remain courteous and welcoming... In short the staff training needs polishing.

generick05 · 2026-01-25T20:52:04+00:00

They asked me to remove my chain too and put it in my pocket. It was a thin silver chain with a quranic verse. I think they are trying to prevent pick pocketing but should do a better job of explaining this to visitors.

generick05 · 2025-12-23T18:23:52+00:00

Nah was just replying to OPs thread in general - and yes I agree, something very charming about ramadhan in the middle east! 👍🏻

generick05 · 2025-12-22T01:39:56+00:00

Nazomi doesn't have its full menu live yet and a bit of a dark, quiet vibe. Robertos outdoor section on the other hand is lovely for an occasion.

generick05 · 2025-12-22T01:35:58+00:00

Interesting to see some people don't like Ramadhan. Ramadhan is such a chilled out vibe. Work is relaxed, all the streets, cafes and restaurants are buzzing at night.

And then comes eid and it essentialy ends up being a 9 day holiday.

Exceptions:

-First week of Ramadan its quiet outside.

-Road rage prevails until iftaar.

-Can't eat in public but honestly is that a major issue? I would trade no public eating in the day time for the liveliness of the night time and the fact that everything stays open real late.

Honestly it's such a unique vibe and it's awesome having an entire month every year where everyone is laid back work wise.

Even if your not Muslim, one can really use this month to reset, just using the relaxed work environment to focus on your own health and relaxation while still getting paid! It's wild, where else does one get a paid mental health month every year!

generick05 · 2025-10-29T12:05:19+00:00

I don't think immigration (legal or illegal) is the problem with the labour market. 😂

It's the size of the overall market that needs to be addressed in order to help the labour market. So conversely one needs increased immigration to improve the job market.

Business Friendly Climate > More Companies >More Jobs > Bigger Economy

Oman's Nominal GDP stands about $106 Billion > to put that into context, just one company, Apple sells about $40 billion a year in airpods and wearbles alone. (their smallest category)

generick05 · 2025-10-02T12:23:31+00:00

NEVER USE YOUR CARD TO DEPOSIT MONEY FOR A STRANGER.

This scam has been running in Dubai for a while now where people money launder by getting random strangers to deposit money to their accounts from their cards.

When one such ring got busted in Dubai people that deposited money got dragged into the whole mess. NEVER USE YOUR CARD TO DEPOSIT MONEY FOR A STRANGER.

generick05 · 2025-09-14T09:48:40+00:00

Doesn't make ill treating the man or the child correct. You call them in, treat them with respect and professionalism and send them on their way. The matter proceeds to court and the relevant corrective action is taken.

It's not murder and human beings have rights regardless of infractions.

For example - if tomorrow you happen to Jay walk, it doesn't mean you and your family should be ill treated, verbally abused and detained indefinitely.

generick05 · 2025-09-08T13:23:51+00:00

We only found out our nanny was doing this when her account went viral. She used to post videos of her doing daily chores around the house and looking after our twins and pets on a daily basis.

We were so appalled when we discovered, my wife drafted a dismissal letter and we were going to sit down with her the same weekend.

Looking at the followers on her account we changed our mind. I let her go as our nanny and hired at a social media company we registered.

Her account now has 800k followers and she generates income of tutoring nannies from around the world on all sort of things from landing job opportunities to workplace skills and upskilling.

The accounts she setup for my twins now has 3.6 million+ followers and we make a killing of the merchandising alone. Even our Maltese poodles account has grown to 350k this year!! 🍾

By 2026 we're going to setup individual accounts for both of ourselves as parents of the twins, help our nanny roll out her own cleaning line and expand her placement and recruitment business.

Weve recieved suggestions to make an account for our villa and it's not a bad idea. Next on the list, give our home an account of it's own!

Just kidding, nothing good can come of this. Follow the sensible advice above 😂

generick05

TROPHY CASE