My statement is correct. You seem to be confusing a lien with hypothecation and while one needs to have a lien in order to hypothecate, having...
No. You seem to be implying this in various threads and it's incorrect. The discussion above relates solely to OCC. A broker isn't afforded any...
A t-bill is a security and is therefore carried in the securities account at IB. It does have loan value however based upon it's margin rate and...
Aside from what has already been noted in terms of how our policies and practices differ from that allowed and what has been reported as taking...
The OneChicago single stock futures contract is a hybrid product meaning that it is jointly regulated by the CFTC and SEC and can be carried in...
It would be difficult for me to comment on a discussion which I wasn't a party to, but what I would note is that if you do not have a securities...
Yes, it does. Underlying the IB Universal account are two separate segments or sub-accounts, one for the securities positions and balances which...
What you are seeing is the first phase of a development effort which, at completion, will provide clients with full discretion as to which account...
IB UK accounts operate under a clearing agreement with IB LLC (the U.S. broker dealer and FCM) whereby all securities and exchange listed futures...
No. Under your example, you would deduct the $100k short stock market value from cash (as that cash has been pledged as collateral to the lender...
The customer agreement simply memorializes what is allowed by regulation and doesn't afford the broker any other rights as they relate to the...
The determination as to what securities, if any, a broker has a lien upon and may hypothecate in a securities account is based upon a review of...
Each account stands on its own with respect to meeting the PDT rule. That is, there is no aggregation of equity across accounts, nor does a day...
I can't speak for other brokers as you might be operating under some sort of special securities lending agreement, however, absent such agreement,...
The SEC requirement that brokers reduce to possession and control fully-paid and excess margin securities does contemplate operational and...
Yes. That is why the SEC's rules relating to the protection of customers have not been written without consideration of coverage provided to those...
If the broker hypothecates securities vs. cash (e.g. stock loan or bank loan) the funds must be returned to the segregated reserve account. If...
If you refer to the balance sheet, you'll note that customer receivables (e.g., margin debits) total $9.31 billion which at 140% total...
Recently, much has been written about the safety of customer assets held by brokers and we believe that customers are justified in their concerns....
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