Easy Margin Question

Discussion in 'Retail Brokers' started by ROCK SOLID, Apr 14, 2003.

  1. ROCK SOLID

    ROCK SOLID

    I guess I just don't have a good understanding of margin requirements.

    Say I have a $10k account and SPY is trading at 100. Using IB, what is the maximum number of shares I can buy and sell the same day for one trade? Keep in mind my account is under $25k.

    TIA,

    ROCK
     
    #1     Apr 14, 2003
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  2. hii a_ooiioo_a

    hii a_ooiioo_a

    200 shares
     
    #2     Apr 14, 2003
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  3. ROCK SOLID

    ROCK SOLID

    That's what I thought. Thanks, bud. :cool:

    ROCK
     
    #3     Apr 14, 2003
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