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To: Perspective who wrote (84111)	8/9/2007 8:54:20 AM
From: saveslivesbyday	Respond to of 306849

Regarding IB - I have a trading account, no experience with Tbills. Their trading window takes 1-2 minutes to load, and the trading interface is cumbersome and awkward. I am much happier with Schwab and even Optionsexpress, so I'm closing the IB account. And no, I didn't buy the IPO shares ....

To: Perspective who wrote (84111)	8/9/2007 9:11:37 AM
From: orkrious	Respond to of 306849

Are you saying that at IB you are charged margin interest on the amount by which your shorts exceed your longs? (I know you also get a short credit rebate.) I've never heard of that. I am not sure my shorts have ever exceeded my longs at regular brokerages like schwab, fido, harris direct, etc. There's no doubt when I had daytrading accounts (I closed my last one at cybertrader two years ago) that I had shorts that exceeded my cash or longs. I can't be certain but to my knowledge I wasn't charged margin interest then.