Author Topic: Bloomberg: Interactive Brokers users couldn’t trade when oil broke zero  (Read 562 times)

PDXTabs

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It turns out that IB, a forum favorite, couldn't handle negative oil contract prices. They are going to reimburse $109.3M of funds to customers who were locked into negative contract prices for oil because of bugs in their software.

Oil Crash Busted Broker’s Computers and Inflicted Big Losses.