Hi, Likely a complete noob question but what is a virtual FX position? I currently use IB to buy stock on margin and found a AUD.USD position (FX...
Ok so changing base currency allowed me to convert my deficit to USD. Fees look mostly similar so should do the job, I'll just change base...
Ok thanks. If this is not allowed wouldn't changing my base currency allow me to keep my negative balance in USD though? I've tried updating my...
Thanks but still not sure it answers my question. Some say it's just reporting but I currently have a negative USD and negative AUD balance in my...
Keep in mind my account is in negative as I have a margin loan. If I had cash in there I would lose money yes, but if I convert my negative...
Hi, I'm currently thinking of changing my base currency from AUD to USD, mainly with the purpose of converting my margin deficit into USD. My...
Hmmm ok, I just thought future options were cash settled regardless where you land, damn
What about the same with E mini future options? They're cash settled even if I land on both sides of the underlying correct?
Ok thanks. Which calculations are you referring to? Performance or margin?
So basically if I get caught out on both sides of the underlying through expiration or early exercise I can get stuck with the 100 contracts correct?
Hi, I've been dabbling in options for the past 6 months or so, mostly in a paper account with interactive brokers. I want to clarify, if I...
Hmmm, IB just told me over the phone it's cash settled so don't have to worry about the 100 contracts or $ up front. Does that sound correct?
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