Yah, I already decided I was going to move even if they backed away from this policy entirely. I can't risk that they implement something else...
They made some changes to the policy but not enough to help me. It's good they eliminated prefs, closed end funds, and etfs. Email below:...
lol @ junk stocks. Every company in the world with a market cap less than $250 million is junk?
And even if you could "deal with it", it's simply impossible to do in 48 hours for some of us. I own a large portfolio that would take 2-3 weeks...
This isn't a fucking game! It's the way I make my living! And yes, I will adapt. Can you not read? I am changing brokers. But it's...
Who are you to tell me how to invest? I use margin in a very complicated way. Capital structure arbitrage, hedging, etc. I can assure you I...
All you have to do is listen to the last conference call and you will see TP is totally focused on the broker side of the business. He doesn't...
http://ibkb.interactivebrokers.com/node/1788
Correct. It's a fantastic business. Sticky and very profitable. But if this rule goes into effect, my entire account will be transferred by...
I guess if you short sub $250m market cap stocks you need 100% maintenance capital.
Yes, and it's declining rapidly and is not the case anymore. Further, Wall Street has completely wrote off this division and gives them no value...
I follow IBKR. Wall Street wants them to grow their broker business and doesn't care AT ALL about their market making business. In fact, Wall...
haha jayre, you're a bit misguided here. they are not auto liquidating to profit off of their customers - that's just insane. they would MUCH...
Yah, that's really what it comes down to. This is an absurd, baseless, rule they put in place. They advertised low margin rates in financial...
No other prime broker or e-broker for that matter has made this change. Further, they just borrow from the fed hence why their rates are against...
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