IB and Non Base Currency

Discussion in 'Interactive Brokers' started by rx2, Apr 14, 2012.

  1. rx2

    rx2

    Hi,

    Does anyone know if you have a non-base currency and your net liquidation in your base currency is positive, but your cash negative are you able to close out the positive portion to your base currency?

    Example:

    Base Currency AUD

    Non-Base Currency US
    Cash : -5000
    Securities: 10000
    NLV : 5000

    Could I transfer $5000US to AUD which is my base currency? or does cash have to be positive? Obviously my Cash would then be -10000.

    Thanks
     
    #1     Apr 14, 2012
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  2. Hurricane

    Hurricane

    Absolutely. So long as you have sufficient margin, just place an order to buy your base currency with the non-base currency.
     
    #2     Apr 17, 2012
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