Just21 - You mention a 100% increase. In a hypothetical example, does it work out as follows: Reg T Margin - $100,000 Portfolio Margin - $20,000 NEW Portfolio Margin - $40,000 If so, although it increased 100%, you are still better off.
No, it is not a straightforward increase. It will affect only portfolios that utilize offsetting between broad-based indices on one side and small cap & NASD on other side. Those who uses this particular strategy, please watch out. The margin increase depends on a concrete structure of the portfolio. In most cases it is none to insignificant. We found out a flaw in our risk estimations in this particular case and we MUST fix it.
My account is only short SPX and ES calls. I do not have small cap or NASD stocks in it. I do have one small stock position on the LSE. Why did I get the email? When is the change coming going to happen?
hi ids, anything new with PM? I haven't heard a peep from IB about the new PM calculations after the initial email last week.
I know , I know , nobody buying premium here...but just in case : best way to enter delta neutral ( when using PM) is to short the stock and long calls. I am using Generic combo limit order to enter position ; zero slippage