Persistentone,Can you take a peek on your IB account and see when placing a buy order for a bond, do they give you a good until cancel option that would keep that order alive for at least 30 to 90 days? That by itself would be HUGE. I waste far too much time on illiquid bonds calling up the broker each day and waiting for them to call me back with lousy prices. It's a big win for my time to just decide the price I want to pay and automatically refresh my bid on all of the bond marketplaces each day, without it taking any of my time. If they do that, they have my business as of Monday.The limit order capability has been available on IBKR since at least Q1 '09. I bought some Sears bonds via that method during that time. Never tested it much, and I don't subscribe to market data feeds, so I have no idea what their Bid/Ask quotes are, but they do support limit orders.The key improvement they are making is in transparency and execution. They are starting to do in the market just what the discounters should have done a long time ago... it's hard to change the beast, but IBKR has done it over and over again for the last 30 years. I hope they destroy the fat cats and make themselves rich in the process.Ben
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