What is mid price?
What you need to know about mid price. The mid price value is typically quoted when providing a single number for a security price. As exchange prices are rounded to the nearest tick (valid tradable price), the mid price value may not be an exact average of the bid and ask prices.
Where have you heard about mid price?
If you look up security prices in newspapers, the price quoted is likely to be the mid price. It may also be called the ‘mid-market price’.
Can a bid price distort the mid price?
For illiquid securities that are traded through a matched bargain system, the bid price may be unrealistic and can distort the mid price. In this situation, the last traded price (i.e. the price of the most recent trade) may be quoted instead.
What is the mid price of a stock?
In financial markets, the mid-price is the price between the best price of the sellers of the stock or commodity offer price or ask price and the best price of the buyers of the stock or commodity bid price. It can simply be defined as the average of the current bid and ask prices being quoted.
Is the mid price rounded up or down?
In some cases, the mid price will be rounded up or down to the nearest "tick" (the nearest valid tradable price on the exchange system) for convenience purposes, and therefore not be the exact average.
Whoever wrote the code for the layouts , was an idiot
Always a struggle getting the layouts to behave. Trying to get the scanners to accept the column adjustments and not resize is impossible
How to stop Portfolio Manager from constantly losing groups
Using TWS on Mac. Anytime my connection drops or even if my computer sleeps, TWS loses all of my trade groupings. I can restore them from a saved layout but this is annoying, especially if I’ve forgotten to save the layout after I’ve made trades and updated groupings.
Moving to Portugal soon from non-EU country, when should I change residency with IBKR?
Hello, so we decided to move to Portugal in a few weeks, I hold mostly US dividends etf’s and plan on keeping these while in Portugal. (will benefit from their NHR program as well)
I can't buy US warrants anymore
How come US warrants are removed from IBKR for European users? I'm based in Ireland. I could buy warrants just last week, but today when I wanted to buy some more it says it's not available for retail investors?
Could not buy a put option, despite LAST PRICE lower than my bid
So in the beginning of the trading day I setup a buy for put option at limit 1.12, I waited the whole day and I didnt purchase even 1 put option. Then I saw the LAST price was 0.10. How is this even possible? Can you tell me where is my mistake, if the last price is true I should have bought this put option before the one who submitted for 0.10.
Moving to US from Canada - currency conversion?
Hi all! I’m moving to the US (NY) from Canada in just over a month. I have a bunch of CAD (50-100k) in my savings account (and ETFs in my TFSA that I’ll be liquidizing to savings since the IRS does not recognize it as a registered account). I plan on converting most of this to USD.
Market order
A market order is an order that executes immediately at the current market price. Market orders cannot be cancelled because they are filled immediately. Market orders may be partially filled at several prices; each part of your order will be shown in the Order panel below the Price Chart.
Limit order
A limit order is a buy or sell order that executes at the minimum price you set or better. Limit orders also feature enhanced order options like expiration and execution instructions. For a buy limit order, your maximum price—also known as the limit price—is what you’ll pay to purchase an asset.
Stop-limit order
A stop-limit order allows you to automatically place a limit order to buy or sell when an asset’s price reaches a specified value, known as the stop price. This order type helps traders protect profits, limit losses, and initiate new positions.
Locations and trading pairs
For the trading pairs available in your country, see the market pairs listed in the advanced trade view. Some countries have access to crypto/fiat trading pairs while other countries can only access crypto/crypto trading pairs. Check out this help article for availability of crypto/crypto trading pairs by country.
Tools to analyze completed trades from Interactive Brokers or other platforms
Does anyone use the CSV statement functionality in Interactive Brokers to analyze their completed trades or automate tax forms? I've built a tool for myself but I was wondering if there are other offerings out there that help you better understand your trading performance or handle year-end tax functions.
Options at expiration question
If I'm selling a put option and the put expires worthless... At expiration can I let IKBR close out the option and I get the full premium? Example: I'm selling a put option at $100 strike. The day of expiration there's $1 in premium left on the option. The price closes at $110.
Moving from etoro to IB. Is it worth it?
I'm looking to switch my broker from etoro to IB, because it's a more established company. In the last one and a half year, I've been investing on a monthly basis and now have about 1.3k USD in SPY CFD's on etoro. Is it worth it to switch to IB if I can only invest 50 EUR/month? If so, how can I transfer my SPY CFD's?
Understanding Changing Margin Requirements
Why does VTI - total stock market index ETF - have a lower margin requirement than BND (total bond market ETF)? Does IB's portfolio margin requirement only factors in recent market volatility in the bond market vs. historical much higher volatility of stocks?
Various "Implied Volatility" in TWS
I think I knew what is "Implied volatility" for options trading was, but I get confused with the different IV shown by TWS. As shown in the picture, can you tell me what is the difference between
