the traded price 109.511 is dealer bought fromcontra party. Minimun price dealer sell to clienton 5/12 is 110.74 and you can trade 5K as you thinkI think this is problem of your price not amount.
作者: comp1ete 2016-05-18 11:59:00
thank you for your reply~ their min. price makes meconfused. I thought the price is for everyone.and may I ask one more question? Where can I findthe price for client on tws system?
作者: kosan0112 (閱讀文章) 2016-05-18 22:57:00
You can see more detail information on FINRA TRACEhttp://goo.gl/edmDHzPlease see Trade History, and you will realize it.Sorry, I don't know whether this information isavailable on TWS or not.
作者: comp1ete 2016-05-19 13:44:00
really appreciate your help~ that website is usefulto me~ I just know that they have different pricefor different party....><
作者: kosan0112 (閱讀文章) 2016-05-19 23:28:00
One more thing I can share with you is that most ofcorporate bonds traded without commission, but ifyou buy it through IB, you pay commission.I have bought a corporate bond 102.413 yield=1.182%after commission price=102.513 yield=0.98%.FINRA TRACE show the traded record in a latter way.It made me feel bad at that time.It seemed that the trading cost at IB isbid/ask spread + commissionSomeone said that IB have commission but the spreadis smaller. I doubt it.
作者: comp1ete 2016-05-20 09:40:00
Thanks for sharing. Actually I noticed that IBcharge for bond trading when I did paper trading.However, I do not have other oversea brokers.I shallstill trade with IB cuz I am lazy to open anotheraccount XD.. I've never compared the spread betweenIB and other brokers but I am so surprised thattheir commission has decreased your bond yieldsharply. I guess it would be better to trade shortterm debt and lower coupon rate bond with otherbrokers. So the yield won't be influenced that much.