Are T-bills for futures margin available again?

Discussion in 'Retail Brokers' started by J.P., Feb 1, 2018.

  1. Robert Morse

    Robert Morse Sponsor

    They will buy whatever bill you want but with the $50 fee, I recommend the 1 year.
     
    #11     Feb 1, 2018
    J.P. likes this.
  2. Robert Morse

    Robert Morse Sponsor

    They will take other maturities. I don't know when the margin drops below 95%.
     
    #12     Feb 1, 2018
  3. Not necessarily. Advantage is pretty much in par with IB in terms of commish if not cheaper. RJO is a little higher and with enough activity you can get close but in any case you get what you pay for IMO.
     
    #13     Feb 1, 2018
  4. J.P.

    J.P.

    Well, as it turns out, AMP actually offers T-bills! Who knew? There's nothing about it on their site; you have to ask.

    This will become increasingly more important--especially for larger accounts--as interest rates continue to climb.
     
    #14     Feb 2, 2018
  5. Robert Morse

    Robert Morse Sponsor

    They won’t promote it as it hits their bottom line.
     
    #15     Feb 2, 2018
    truetype likes this.