It seems that IB revert to 100% margin for the e-minis really at 3:50pm EST. At which time each day does elocal revert from daytrading magins to full margins? regards Merkur
Ok, thx for your answer dkamp. Can anyone confirm this? I think this is the correct way to handle Daytrading-Margins. Why does IB then want to revert at 3:50 pm???
IB doesn't make margin calls and doesn't want to get hung with overnight risk or be in violation of the margin rules. The auto-liquidiation function protects all clients from a rogue trader.
Yes Def, but why doesn't IB revert at 4:05EST? The e-mninis trade until 4:15, and that with enough volume, so there would be 10 minutes "room" for IB.
Yes, 4:05 makes much more sense. There is often a strong move into the close that one can ride, while still getting out safely 10 minutes before the eminis stop trading.
Exactly, Dkamp. I just asked this question in the IB Chat, and the guy told me, that he has no exact information right now at which time the margin will revert and I should ask again on monday. Every IB customer who wants a margin-revert after 4:00pm for the eminis should mail that to the support like me. regards Merkur