Interactive broker ipo

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May 3, 2007 11:36 pm

did anyone participate in the dutch auction? i will find out tommorow what i got for clients. it looks like the price was 30.01 a share. i avoided the google ipo when we did it at MS and was sorry. i worked this hard but i do not know how much i will see.

May 4, 2007 12:51 pm
aldo63:

did anyone participate in the dutch auction? i will find
out tommorow what i got for clients. it looks like the price was 30.01
a share. i avoided the google ipo when we did it at MS and was sorry. i
worked this hard but i do not know how much i will see.





Stock trading is a commodity business. I don't see what advantages iB
has other than an existing book of self-churning (active trading)
accounts.



IPO should be popular with retail.

May 4, 2007 2:48 pm

if someone wanted 500 shares they got 200. a 2 point pop was less than i thought it would do. one guy in the office got 2700 shares for one account.