IBKR

Fangslash

 you can’t have slippage with limit order Check that you have the right order first, in the rare instance it did you should call IBKR customer support

duqduqgo

With IBKR it depends on the spread type. Some multi-leg combo orders can't/won't be filled simultaneously. They decide once they see the order how to split it up and/or route it to which pool/market maker. A fund I worked at saw strange fills with multi-asset combos especially, like stock with options in a single order. The filled price would not match the limit price. Most of the time it was a price improvement, sometimes not.

JustZucchini5077

What broker r u using? I’m from Australia and I use IBKR to trade Us penny stocks and it lets me set stop losses for premarket and AH. It’s saved me more times than I can count honestly

team_ti

6.1mn shares shortable at IBKR. Godspeed regards

team_ti

8.1mn shares available to short via IBKR

MirthandMystery

Jared Kushner invested in Robinhood when they were in early start up days. That they partner with Citadel who sees inside trading data and exploits that spread is why they're so rich and traders are poor. Robinhood apps is also designed like a casino game. Entire thing is a scam to lure in kids and take their money. IBKR president is also a Trump fan and MaraLago member. Nothing like directly funding the extremist loonie anti Democrat Republicans huh. Jokes on RH traders.

DucDeBellune

It’s called a busted trade, and IBKR literally has a page on this. https://www.interactivebrokers.com/campus/glossary-terms/busted-trade/

ClassicAverage3412

Grown ups use Schwab or IBKR buddy. Robinhood is where accounts go to get blown up.

BeneficialBuy4534

My account’s new, yeah — but at least I trade instead of writing essays about other people’s usernames. IBKR’s showing 9.52M shares available with a 46.5% borrow rate. That’s not “plenty of supply,” that’s desperation pricing. SSR still on, dark pool volume outweighing lit exchanges, and fee rates spiking daily — clear short pressure. But sure, keep focusing on account creation dates while ignoring the actual data. The market doesn’t care how old my Reddit is. It cares who’s short and who’s bleeding. 💸📈🍿

Ceyenne18

IBKR is overloaded. Can you monkeys please stop hitting the Buy button till market is open?

DuckDillinger

I think you are overlooking a very important detail. Wether knowingly, or not, I don't know. There are, currently between 4.9-9.7 million shares available to lend. We will know for certain at market open, but the point remais the same. It is not known if there have been new shares added to the float, since the price drop on Wednesday required a lot of pressure from shorts and the price did not recover, even slightly, as it would if the shorts covered. However, it went from 0 shares available to borrow, on the 22nd, with an Utilization of 58%, to 4.9M on the 23rd, with an Utilization of 66%. Currently it says 9.7M on IBKR so we will see where we stand on market open. If there have been shares added to the pool through convertible debt, it will be like swimming against the tide. The buy pressure will not have the same strength it had on Monday, and they will have a lot more shorts to throw and drown you. Just be careful, this is not a game. Be aware that you may need a stronger rally than you had on Monday and many of those lost their money or their will to get back in.

mdatwood

And before everyone jumps all over RH and recommends IBKR, Busted Trades can happen on any broker and IBKR has an explanation on their site: https://www.interactivebrokers.com/campus/glossary-terms/busted-trade/

Linc_24

I use IBKR.

Linc_24

Yeah Robinhood has pretty UI, doesn’t stop them From being dodgy lol. Why not just use IBKR?

Master-Tomatillo-637

It’s being manipulated it’s on the sho list available shorts are very surgically being bought up and dumped. If APES 🦍 work together it will pop today at 4.80 maybe higher depending on what lines we hold. We were last hour above vwap with 12.5M shorts available on IBKR now we are a tiny bit under with 10M available the shorts are working their asses of

IndyRid26

WOW! This is awful and the final catalyst I needed to go forward cancelling my RH account and moving to IBKR.

Aevykin

Yeah I have nothing against IBKR. I’ve just been on E*trade for a while now and too lazy to transfer.

Opus37InGflat

No I don't use IBKR, assumed that's total shares and value. Oh well! Poor detective work 😂

deathrole

Clearly u dont use IBKR, the price that u see in here is the market value not the cost basis. OP crop the cost basis below it.

GunterOasis

It is still active on IBKR

newbirdhunter

IBKR

Ghostblue88

I use IBKR and Etrade. Both offer a lot for options trading , but IBKR margins are way better.

Eddoarrddo

IBKR.

Sensitive-Radish-292

well my IBKR client was saying 109% and was citing Reuters so dunno man... it at the very least said over 100%

Sensitive-Radish-292

it was reported by reuters, ortexdata etc... even IBKR had it in their news summary, but ok.

Fluffy-Gift-7634

IBKR says over 100% short interest today

antirheumaticMalta

What are you even talking about? There are *5.2 million* shorts available on IBKR right now, and it has an options chain, so it's easy to create synthetic shorts.

mngos_wmelon1019

Nahh, it was already written how to do this when GME happened. Thomas Petterfly who owns IBKR let the quiet part slip out loud on an interview talking about GME. People who own the options need to exercise and force the MM to go out into the open market to purchase and deliver shares instead of just selling for profit back to the MM who then can de-hedge those options and drop the price.

HeadlessHeader

In IBKR shows around 9 million shares available to be shorted.

allsfine

VEry interesting post. I have been doing something similar since 2020. I used Schwab for most stock option trades but IBKR for futures. IBKR has been a bit of a challenge pulling entire option chains takes eternity when Schwab is very quick. This introduces lag in my intra day logic or assessment of option skews. Wondering how you deal with this issue? I am assuming you pull entire options chain on IBKR, does it take too long?

phn_g1

https://preview.redd.it/rubbe15gawwf1.jpeg?width=1178&format=pjpg&auto=webp&s=15ffd85e3497e0f275aa1c77c335c1f8225767f0 Keep buying. On IBKR has a analys of 6.44$ per share. I have 450shares at 0.91

DuckDillinger

It may be yesterday's data. There are currently 7M shares available to borrow on IBKR. Yesterday there were none. And current utilization is at 63%.

bizstarter

IBKR by miles but execution on those stocks needs to be done manually via limit orders

bizstarter

i dont use quantconnect, i use IBKR for stock data and i buy data from a provider for options i do all the executions manually my returns are 25% to 50% per year, sharpe is not that high maybe 1... a bit more

Sensitive-Radish-292

It's confirmed by Ortex and IBKR just fyi, Reuters also reported. I think it's safe to assume it's correct

bizstarter

IBKR

bizstarter

i dont day trade. for intraday data i use IBKR

bizstarter

1- id say you need to start with 10k on IBKR. usually when i put a position i keep it for weeks or months so it doesnt have to be time consuming. pick good underlying blue chips with low volatility at the beginning. you can expand when you have a good understanding of options 2- i always consider downside risk and i try to keep each position from hurting my portfolio by more than 5/10%

bizstarter

you have on IBKR the percentage of the free float that is borrowed for people to initiate short selling. that was one of the angle for the BYND meme squeeze

bizstarter

i use IBKR for spot and execution (then i buy from other providers for volatility or financial data)

bizstarter

IBKR mostly 100 USD per month i pay for options about 150 USD per month with another provider and some other data subscription for about 100 USD

bizstarter

This is my track record for a portfolio i have on IBKR. I cant share my professional track record but its above much much higher

bizstarter

i build all the codebase myself. The library used to handle timeseries in python is Pandas. From there you can build anything I suggest to use google colab for small scripts and drafting an idea, its very easy and maintainable and you can access GPU and extra memory for cheap if needed. i used to take data from Quandl but i think they were bought by NASDAQ so got more expensive. Now i use mostly IBKR. Yahoo is also quite frankly fast (more than IBKR). And then i buy individual packages from providers. Financial data is much cheaper for the US market FYI

Sabunit

Kevin is actually right about the discrepancy (240M vs 7M). IBKR data clearly shows absurd borrow fees and almost no shares available to short. That points to synthetic shorting / naked shorting - a potential violation of SEC Rule 203(b)(1). It also explains why the ticker kept getting halted - the clearing system literally couldn’t process settlements in real time.

newtoeso

IBKR also lets you close positions not new ones. “Margin risk” or whatever bs message I get

WickOfDeath

funny thing is that IBKR gives you around 4% p.a. as interest if you enable your shares as "borrowable" but makes 4% a day on the lease rate itself. This is not funny.

kwijibokwijibo

Also - short share availability data on Fintel (which most people seem to use): - Shows what is left available at a point in time, after all current shorts have borrowed shares. If it's 7mn, it means we haven't run out yet - Only accounts for availability from a subset of brokers, e.g. IBKR only. It doesn't account for the entire market Basically, this guy on Twitter's an idiot

lmyyyks

1 Canadian dollar. I just used the symbolisation of IBKR. It labels all Canadian-nominated prices with a C.

iheartppploans

IBKR reported only 7 million shares available to borrow for shorting at peak today, but ~240 million shares were reportedly shorted (some claims up to 500 million in total short volume). This implies ~233 million "extra" shorts couldn't have been properly located or borrowed, suggesting synthetic or naked positions. Why a Sign?: Legitimate shorting requires borrowing shares first. When volume exceeds supply by 30x+ (BYND's pre-dilution float is ~63 million shares), it points to "failure to locate" trades, a hallmark of naked shorting. This creates artificial downward pressure by flooding the market with unbacked sells, contributing to the price crash from $7.69 to $3.58.

Grouchy_Spare1850

it means that people don't understand how shorting works... I will explain... Your short desk has the 100 shares available to short. I call in, short all 100, if they keep the short in house, then they have -100 me and +100 the new buyer in house and a debit of 100 to the original buyer. if it's inhouse, the short can keep going on and on, because the 100 shares stays, the moment it leaves In house, the books will show +100 to new buyer outside house. IBKR had 7+ million available to short, traders that have settlement accounts with IBKR would most likely get the fills first, because they could possibly keep the shares in house.

blorg

I know they do, I live outside the US myself and spend time and have accounts in both Europe and Asia. My fund source is the US and so I transfer dollars out frequently. But you would generally have specifically have a USD foreign currency account, which is somewhat unusual and something you need to set up in advance. Further, even if you have this (which I do), in many cases once you transfer in you are effectively locked into making the exchange with that bank, as they will charge you an "in lieu" fee for transferring USD or other foreign currency back out again. You're going to have to convert it at some point anyway, and that is going to cost, so you need to figure this out at some point. Delaying figuring this out until after you make the transfer only potentially cuts off options, it doesn't get you anything. The differences absolutely can be thousands of dollars on large amounts, if he's talking about "property or investment". The average property price where I am from is about $800,000 with tax and closing fees. 1% of that is $8,000, and 1% is not a high fee. It can be a lot worse than that. My legacy bank charges 1.4% on incoming foreign transfers. That's $11,200. Wise would charge around 0.2% on USD->EUR which is $1,600. That is almost $10,000 difference, and Wise while good isn't even necessarily the best here, if I was transferring that much I would certainly shop around. And that's USD into EUR which are the two largest currencies globally, it gets worse with smaller currencies. I'd probably try to use IBKR, who I believe are cheaper, although you can't use them *just* for foreign exchange, you need to primarily use them for investment. If your intention was to invest in European or Asian stocks though that would be a very good way to do it. And my understanding, you can get away with using the foreign exchange otherwise, as long as that isn't your only reason for using them.

Robinw9787

No they were available on IBKR as halts does indeed halt trading but it affects all the strikes not just above 5.5

jeff303

IBKR seems to think so. It's showing fresh quotes at 42.55. And the spread is jumping around.

Content-Simple-645

Hey guy, I don’t know if you noticed or not. But they froze transactions on the stock 3 separate times. There was also a lag in price change. On top of that, IBKR data shows that 240 M shares of BYND was shorted, but the availability of shares to be shorted was only 7 M. Naked shorting of stocks is illegal according to the SEC. It doesn’t matter what all the peons like me, you or all the other redacts with a finance app do. They will manipulate and break the law to cover their asses. This event proves there will never be another game stop event. Wake up. I’m a realist, not filled with delusion.

GunterOasis

$WTO - oversold , Shortable shares at IBKR $387,000 On my watch list

BasSTiD

Short volume is not short positions most of the time. Short volume is primarily breaking up odd lots, or on low liquidity stocks can be market makers filling orders before buying a 100 lot. 100 lots are cheaper to trade or in some exchanges, all that trades. Short volume will spike heavily with more retail. Retail uses odd lots by purchasing in dollars instead of shares, or for larger price stocks, just because they don’t want 100 shares. The is absolutely some shorts in there. After midnight I’ll DL the collateral report and that will say how many were short at close. It is not an estimation. Technically it can be over by as much as 1%, but never under. Yesterday it was around 26M. But look at the CTB from where it was. It was 800%+. It is 7.5% on Fidelity currently who averages 30 different lending rates (not just their own like IBKR). The goal is not to make anyone do what I say, it is solely to ask people to read into it a bit more. It’s not a normal squeeze where there’s 200% SI. At the 26M ok collateral it’s high, but it’s not 200% high.

SqurrrlMarch

with all the halts they weren't available beyond 5.5 on IBKR and I was looking NOT LYING. but I'd rather go to sleep than argue with some jackass on reddit.

SwagOD_FPS

Honestly OP probably only saw the shares available to borrow through IBKR, but the reality is there’s more shares through other brokers.

sumguysr

Isn't this showing shares currently available to borrow, not shares already borrowed? Is it even showing shares available from anyone besides IBKR?

LucsSoul

For the record my investments are mostly in stocks and IBKR is my main broker. I have done this currency thing before but yeah, I mostly use IBKR for stock trading and have never emptied the account. So yeah, this is some good advice. Thanks. Better safe than sorry.

rpat2550

The float didn’t “suddenly” appear today — those 316M new shares became tradeable Oct 16, but most holders waited for liquidity. When retail hype pushed it to $8, that created the perfect exit window, so volume exploded as they sold. That’s why it looked sudden — it was pent-up supply meeting demand all at once. And the “7 M shares” IBKR stat isn’t the total borrow pool — it’s just what one broker had available at a single snapshot. Shorts across brokers, internalization, and market-maker exempt liquidity make daily turnover like 30× totally normal. The 240 M number is just short-sale volume, not 240 M new short positions. So the 2-hour drop = massive selling into liquidity, not a naked short conspiracy.

Heavy-Situation-9346

Show me the IBKR data you’re referring to Kevin.

FatherJack_Hackett

Prove that's not paper trading IBKR

newimagez

Using IBKR says a lot.

snickerscashew

IBKR. $1 for every transaction 🧐

Spikemountain

Except if you follow the steps as you wrote them in your top comment, IBKR will ban you. You need to invest the destination currency for some amount of time first I believe.

PlayerPlayer69

You thought you were cooking. You’re basing the -10% “true” float because 60% of 63M shares is roughly 36M shares, which is less than 10% of the new 316M new shares. According to IBKR data, 230M of those shares were shorted. 36M originally shorted shares + 230M newly shorted shares = 266M total shorted shares. 266 / 360 = 0.738888 73.88% of this stock is now shorted.

Positive_Hornet_6452

1. Regulators may investigate - If that data gains traction (and especially if someone like @JwesChristian, who's known for pursuing naked short cases, pushes it), the SEC or FINRA can request IBKR's short locate logs and cross-check them against DTCC settlement data 2. Broker scrutiny -- If IBKR or other brokers allowed synthetic or misreported locates, they can face fines or be forced to close open naked positions -- which can fuel a forced buy-in (massive covering pressure) 3. Settlement fails (FTDs) - If these 240M "shorts" weren't properly borrowed, you'll start seeing Fails-to-Deliver spike in the next T+2-T+5 reporting cycle. That's a direct indicator naked shorts exist. 4. Market reaction - If the data is confirmed, it'll turn into float pressure + panic covering because illegal shorts can't settle normally and must be bought back. That's how gamma-style melt-ups start - especially during a squeeze setup like BYND's right now. COPIED How likely are any of these options going to play out given everything thats going on?

Dirtbag133

Du betaler alt for meget provision, ved IBKR betaler du kun en smådel. Købte du ind omkring $6 ?

Plenter

There was 240m of short selling VOLUME, not "240M shares shorted" like is being claimed in the tweet. If the same 2M borrowed shares get shorted, bought back, lent again, and shorted five times in one day, the feed will show \~10M of “short volume.” That doesn't mean 10 million new shares have been sold short. You're mixing up short volume with short interest. Shares available to borrow is PER BROKER and moment in time. Just because IBKR only shows 7m shares available to borrow, does not mean the entire market has only 7 million! Other custodians have their own inventory, and availability moves intraday. Also, shares sold short can land in another margin account and be lent again. That’s how short interest can exceed borrow shown at one broker. It isn't automatically "naked short selling" and it certainly isn't illegal.

Mnshine_1

Still would encourage getting IBKR if you are even remotely serious about investing, stock news and traing but you do you

Mnshine_1

IBKR is so much better, data, settings, stocks and products availability, speed, exchange rates, fees, + trading workstation on PC and (I think) tradingview integration and etc. Revolut is unserious

bub1xreal

IBKR only updated the net liquidation value during premarket.

NoRhubarb2277

There were only 7.3 mill shares to short and IBKR data shows they shorted 240 Millions shares today. If that is the case, they're going to have to buy shares to make up stocks they "dark traded" or pay a penalty. So the people paper handing todya helped drive the price down today so that they could afford these shares at a low cost. Tomorrow and today volume will roll in, price go up.

NoRhubarb2277

Now is the time to average down if you bought BYND high, more shares more lambos this weekend, shorts are naked, just think there were only 7.3 mill shares to short and IBKR data shows they shorted 240 Millions shares???? We got them trapped, we are mooning tomorrow, bring the volume in

No-Adeptness8801

I had the same shit and I decided to go on IBKR... cuz I knew one will come and would want to get out and It will be impossible.. missing out sucks but losing 50% of ur portfolio no thank u

Disada1

What this guy said makes no sense. IBKR is a single broker so their information might not be complete

fungalfeet

IBKR showing 0 shares available to short. This is still on.

Kpathisbest

Shall I buy the dip with leverage in IBKR ?

hivaidsislethal

IBKR options back

Nahres1

options acting funny on IBKR also

fudge_mokey

2nd using fx trade on IBKR

Leviathon713

Most of these defenses use Robinhood (I have an account there too). I recommend someone like Schwab, Fidelity, or IBKR. Those dont accept payment for order flow (PFOF). Which essentially means you get the price you want when you want vs a broker who accepts PFOF (Robinhood, Webull, etc.).

FormerlyShawnHawaii

YYAI does look interesting but I can’t even trade it with IBKR brokerage. 🤷‍♂️

plznodownvotes

Retarded apes saw 0 shares available for shorting (only IBKR provides this data) and said it’s bullish. Those morons are either too retarded to breath or are purposefully lying to get more gullible apes to buy. What that means is that there is such a high demand for shares to short that one brokerage ran out. That’s not a good sign. That’s a sign that you’re going to lose all of nana’s inheritance.

snark42

You need to provide more details about why the fees are so high. For instance if you have BoA in both countries you can transfer between the two accounts and they'll give you the mid exchange rate at the time of transfer. The other option is to use IBKR and link a bank accounts in both countries. Deposit USD, convert to EUD or whatever, withdrawal to foreign bank account. If it's a smaller country and you don't have a bank account the SWIFT and currency conversion fees stills shouldn't be terrible at any decent big bank.

LucsSoul

IBKR is pretty good. It’s what I use.

skankhunt427696

no more shorts available on fake meat on IBKR

Altruistic_Section94

Anyone else sees it colored as halted and on overnight trade on IBKR https://preview.redd.it/khnxnefgfowf1.png?width=1312&format=png&auto=webp&s=ba7a0c5f166b3cc344434a2262a9d9fa3e6ca80e This was taken now

Deviltherobot

Completely unrelated but I got a fortune cookie once and the fourtune was an IBKR add.

KamikazeFF

Hood and Etor also red, IBKR slightly too

AdvantageEven

Shortable inventory on IBKR shows zero

NuLL3rr0r

Also good to turn off lending for your account in the settings. IBKR calls it SEYP (Stock Yield Enhancement Program).

Sea_Wealth6746

0 actions on IBKR for short 😁

snickerscashew

Shortable shares on IBKR went from 2.1M to 490k now

LiquidSpacie

On IBKR, currently 500k shares to borrow.

SqurrrlMarch

IBKR still halted...gaaaaaah ffs!

snickerscashew

Halted again on IBKR

KingPalleKuling

Yo wtf is this shit. I want to sell my shit. Same on IBKR

dark_abyss94

same here with IBKR