Def - IB spread margin question

Discussion in 'Interactive Brokers' started by zentrader, Jun 7, 2001.

  1. zentrader

    zentrader

    I tried asking this in IB live chat awhile ago but did not get a clear cut answer. Also tried emailing management but no answer back yet.

    My question is, why won't IB recognise a 1:1 spread between the e-mini SP and e-mini Nasdaq? The CME span margin for this spread is $3,750 as opposed to $11,063 ($4,313 ES + 6,750 NQ) I am currently margined.

    Thanks.
     
    #1     Jun 7, 2001
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  2. def

    def Sponsor

    I understand that Span margining between the products is not implemented yet for IB. I think it is high on the agenda.
     
    #2     Jun 7, 2001
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  3. zentrader

    zentrader

    Def,
    Any update on how far this is away? I trade this spread a bit, and it would be great if I wasn't margined 3 times what I should be.

    Thanks
     
    #3     Aug 12, 2001
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  4. def

    def Sponsor

    span is being rolled out right now for the US markets. Odds are your account already has it. If not, should be any day.
     
    #4     Aug 12, 2001
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