IB and Non Base Currency

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

  1. rx2



    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?


    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.

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