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AW: AW: IB - unusual small print



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Lawrence,

thanks for your suggestions. I did call our bank just a minute ago, and they
said they would accept "LS", "L S", and "L and S", even "L/S", as
placeholders for "L&S". They were aware of these technological glitches
occurring frequently in their dealings with other banks, and were given some
leeway by their management in regard to these.

As to versions 3 vs. 4, you may well be right, but as I have only seen v.4,
I cannot make any informed comment on this.

Best,

Michael Suesserott


-----Ursprungliche Nachricht-----
Von: Lawrence Chan [mailto:stnahc@xxxxxxxx]
Gesendet: Tuesday, February 13, 2001 15:14
An: Michael Suesserott; omega-list@xxxxxxxxxx
Betreff: Re: AW: IB - unusual small print



--- Michael Suesserott <MikeSuesserott@xxxxxxxxxxx>
wrote:
> Thanks, Monte and Shawn, for the clarifications.
>
> An interesting problem has come up in connection
> with the account opening
> process. Seems our trading firm in which I am a
> partner, L&S Capital
> Management GmbH, cannot have an account in its
> actual name because IB cannot
> handle the ampersand character in their electronic
> forms. They suggested we
> use "LS" instead of "L&S", but we are worried that
> there might be problems
> wiring funds in and out between differently named
> companies. Will talk to
> management later today.

have a similar problem long time ago with another
firm, do not skip the "&" - use "and".
in this case "L and S Captial ..."
they are equivalent to most banks.
if you really worry about it, call your bank.

>
> First impressions overall of IB are good. Apart from
> the above problem, the
> account opening process is a breeze, and the new
> "Trader Workstation" seems
> exactly what we have been looking for. We are even
> thinking of transferring
> all of our money there, but of course it's too early
> to say. Reliability
> will be the key word.

interesting that you like v4 - personally I like v3
way better for the single click to place order
ability.

>
> Regards,
>
> Michael Suesserott
>

hope it helps.


=====
Lawrence Chan                   http://www.tickquest.com
Innovative Analytical Software for Trading Professionals

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