IB Entities and Trading Permissions: Seeking Clarity on Asian Futures

Discussion in 'Interactive Brokers' started by Collagen, Dec 22, 2023.

  1. newbunch

    newbunch

    From what I can tell, HHI (HHI.HK), HSI, MHI, MCA, and MCH (MCH.HK) are all tradable on the HKFE, but HTI (HSTECH) is marked as not tradable in my TWS due to sanctions and CUS (CNH) and MTW are not tradable due to regulatory restrictions. There may be others, but I believe these are the most liquid futures on HKFE.

    Not sure why HTI would be sanctioned when the others are allow. According to the HKFE, HTI should be tradable. Is this an issue on IB's end?

    I assume CUS (CNH) was never approved by CFTC and MTW has one stock comprising 48% of the index so they won't approve that one.

    Thanks.
     
    Last edited: Apr 11, 2024
    #21     Apr 11, 2024
  2. maxinger

    maxinger

    Time for you to tray other futures from other exchanges ( see my earlier posting).
     
    #22     Apr 12, 2024
  3. def

    def Sponsor

    We don't determine the sanction list which, for futures, depends on the weightings of components in the index. If CFTC approved, we open them up in the US but sanctions override and thus could become non-tradable for US persons.
     
    #23     Apr 12, 2024
    newbunch likes this.
  4. def

    def Sponsor

    The site on HKEX isn't great as you need to go product by product to see volumes but there is an annual link
    https://www.hkex.com.hk/-/media/HKE...Statistics/FY_2023-Annual-Market-Stat_Eng.pdf
     
    #24     Apr 12, 2024
    newbunch likes this.
  5. Fxmove88

    Fxmove88

    IMG_2395.jpeg
    I manage a few client accounts now. IBKR has made it very difficult to get trading permissions for index options and also portfolio margins. IBKR wants us to use that expensive margins provided by the company instead of sourcing out from the markets using index options.

    Really, I have had enough of this IBKR b/s es I am moving what small accounts elsewhere. I have another USD10 million on another loggin. For each client, I need to visit their home and guide them many times to ask for permissions. It took so much of my time. There is no way I can grow my business at IBKR.
     
    Last edited: Jun 6, 2024
    #25     Jun 6, 2024
  6. def

    def Sponsor

    Your statement is incorrect - our margin rates are amongst the lowest in the market but if you want to finance using options, that would be fine assuming the underlying clients are suitable and qualify.

    In short, I suspect your issue is easily to resolve. Based on your profile it seems you may be in Jarkata. If you would like me to organize a rep to give you a call to sort things out, shoot me a PM or simply call our service desk.
     
    #26     Jun 25, 2024
    Collagen likes this.
  7. richy1996

    richy1996

    I have an account in the UAE and i'm getting this error when trying to place an order for Hang Seng Index options. Technical glitch or legit reason? Thanks
     
    #27     Nov 28, 2024