Yep, and then they may add on a daily exposure fee too. It's calculated by a secret algo and seems to have increased along with the broader market...
I know I should ask this at IB, but I got tired of waiting in the chat queue this morning and the help here has been great in the past. I have...
I read this elsewhere (granted it is from 2014): "Note that 60/40 treatment has been attacked for a few years now. Would not be shocking to see...
I brought up the 60/40 issue a few posts ago. I'd be curious to know your thoughts on that specifically, and I thank you for your contributions...
That's pretty much where I am too. I have no problem with shorting, probably do it too much, but I want to give it a couple of days to see where...
I'm very focused on what is happening around this $50 level. If it breaks, I imagine we'll see another significant dive, but I would be curious to...
Absolutely brutal. I closed out my long position yesterday and am thankful to be watching this from the sidelines.
OK thanks. Yes, we're mostly in agreement then.
Certainly, there are a lot of politics and concern regarding market share involved as always (and OPEC seems to be functioning surprisingly well...
Things aren't great for Saudi Arabia. Yes, their production costs are very limited. On the other hand, OPEC has been losing market share...
It seems a lot of companies are blaming lackluster earnings on a strong dollar. I'm sure there are many reasons for weaker earnings, but if you...
OK, it looks like the borrow fees do appear in my actual account, but not in the paper trading account where I was taking a few more risks. :D...
Thanks for the help and additional information. I think I've seen most of that on IB's website, but it's hard to navigate. Unfortunately, even...
Thanks for your reply. My impression is that the fee at IB is in fact charged daily, but only shows up on a monthly statement. I take it from...
Hey everyone, I'm confused about shorting at IB and hoping someone can help. Using TWS, I can see the fee rate (which I assume is annual). Also,...
Why close the UVXY short immediately if you expect Clinton to win? Long term it seems to trend downward (decay I suppose?) and if the borrowing...
Sorry, I don't think I did realize that at the time. I'm not sure how I came across the thread, but appreciate your explanation. Thanks! Edit: I...
Noob question, but what does SCT stand for? TIA (thanks in advance :))
Separate names with a comma.