IB Canada - Margin for condor option strategy

Discussion in 'Retail Brokers' started by tplast, Jun 15, 2006.

  1. tplast

    tplast

    Hi, is there some fellow Canadian here that can tell me for sure whether IB charges margin for only one side of the condor or both ?

    I know that they only do for one side in the US, but have heard that this is not also true for Canada because of IDA rules. However, there have been some IDA changes regarding margin offsets on spreads (European exercise only).

    I have received conflicting information from IB support on this.

    Thanks !