l am reading this just now, l have a 6 figure USD account and trade US options. are you saying that if IBHK were to go down. all my money, including idle cash, in the account would just evaporate?
def, please answer, would idle cash, in USD, GBP and HKD be protected, if the unthinkable happened? thanks
Read about the financial strength of IBKR here: https://www.interactivebrokers.com.hk/en/index.php?f=2334 The key points: The group has over $7 billion in capital and pre-tax profits last year were $1.2Billion USD. In short, we consistently earn profits and have consistently retained the bulk of earnings to enhance our capital base. I'll add management and staff have massive skin in the game as we own 81% of the company and thus also have a strong incentive to conservatively manage risk. No off balance sheet surprises and no long term debt. In HK, I believe we stack up as strong ifnot stronger than any broker and even bank (who as we know may carry significant off balance sheet exposure) you are considering. Other: Portfolio Margin is a US concept. But yes, IBHK is not beholden to Reg T and thus margin is portfolio risk based. We are also gaining nice traction in the professional hedge fund space which I suppose is a gauge of the recognition of our trust as a custodian for professionals: https://www.interactivebrokers.com.hk/en/index.php?f=44214
@def How would the IBHK risk model compare to IBUS. Also, IBUK seems to have the same risk model as IBUS.