Thanks for your reply. With all due respect, I feel your comment is too absolute and possibly not true even based on your own website. For example, there a "Real-Time Gross Position Leverage Check" (see below link and graph) which seems to me that IB would start auto liquidation in case of large exposure regardless of margin increase. https://gdcdyn.interactivebrokers.com/en/index.php?f=marginnew&p=overview1 Maybe I am wrong but I want to get some clarification and understand IB's rules better. This is just an example to challenge your comment. I am not saying that I would expose myself to such a large exposure, so for those geniuses here who really enjoy lecturing others please save your time. I am only interested in understanding and comply the rules of IB.
sorry but I do not think your true motivation is clarification. You just discovered ET? Or post under an additional handle? You are an IB customer for 10 years but start wondering about account exposure and margin risk control? Which part of the posted image and link is not clear? Care to elaborate? To ask other people to do your homework should at least be preceded by some of your own effort to be specific about which part you do not understand. Please also read response by IB more carefully. What you claimed @ids said and what he actually said is very different. He simply said that IB would not auto-liquidate if it meant an increase in total margin, required. That does not mean that IB would not auto-liquidate if other risk limits are violated.
My example was about whether auto liquidation will happen in that particular case (large gross exposure) even it would cause "an increase in margin". The answer I suspect should be Yes, which is contradicting what Ids said in his/her post. What's wrong with my comment and desire for clarification? Different strategies exhibt different risk characteristics. For example, I wasn't trading strategies with large gross exposure but little required margin until recently, thus my question now instead of 10y ago. Last but not least, should I apologize for partipating so little on ET? Dude seriously what is wrong with you?
I tried not to, by igoring its first friendly comment / constructive advice. I should've tried harder on people like it. Sorry for wasting everyone's time including myself's on such child fights. No more..
What the f*#k does "I cannot issue a stronger statement by formal reasons" mean? I suspect it means something like "We make this shit up on the fly so I won't give you a definite answer so we can screw you later and you won't be able to do f#*k all about it". Seriously, you call this equivocal shifty answer as adequate? Let me ask you, how can you be proud of where you work and what you do when you can't even provide a straight answer to a relatively straightforward question?
Lol, the only manchild here is you. You come on this board, sling around accusations, accuse even a rep of IB of lying. Instead you should pick up the phone or online chat and simply ask IB. It's just outright weird with 6 posts to shoot down one of the most popular retail brokers in this industry and as if that's not enough accuse a representative, who gave you the courtesy to answer your question, of lying.
I think what he meant was "due to legal liability". There are cock roaches out there who only wait for a strongly worded sentence to be issued, sue, and extract money. I guess what @ids meant to say is that it virtually never happens. Has it happened to you EVER? it has not to me and I trade/ed with IB worth hundreds of thousands in commission, if not more, in multiple asset classes, holding periods, strategies. I guess that is what the rep meant. It may have happened very rarely if ever and he is not gonna let some schmuck piss into his car just because of word choice.
http://www.reuters.com/article/us-arbitration-interactive-auto-liquidat-idUSKBN0LM23620150218 https://www.elitetrader.com/et/threads/interactive-brokers-real-time-liquidation-madness.210359/