Not a technical issue really (or is it?) but those margin issues that IB is creating are slowly testing my patience. I generally am a strong proponent of conservative margin requirements. 200,000 USD initial margin for 1 bitcoin futures contract, a contract that trades a notional of around 64k USD and the given volatility of this contract is outrageous. This 200k I see prior to order submission (first time I wanted to shoot a test order but this is out of any proportion and I actually consider the possibility of this being an error), so I did not go ahead. In the TWS contract details, it says IM stands currently at 31,187 USD per contract. Anyone trading this contract and who can shed some light into this? Edit: Going long requires 35k margin but short 200k. WTF??? The contract price would have to rise by 312% from current levels for the margin cushion to be used up (on the other side a 100% loss (price goes to zero) would cost the trader 64k but only 35k margin is asked for when going long. What is that 200k for? Chatted with IB's trading desk, all they say is that is the level that their Risk department set, nothing that can be done. This is the most outrageous and stupid example of IB margin policy I have so far seen. This is not even pseudo-science, this is some retards sitting at the risk department wheel.