IB: How to convert currencies?

Discussion in 'Retail Brokers' started by Captain Future, Jun 18, 2002.

  1. I need some help with the IB multi-currency account.

    Does anybody know how to convert a negative dollar amount in a euro based multicurrency account back to euros. So that the end result would be a zero dollar balance.

    Thanks. Any help is greatly appreciated.

    CF
     
  2. in TWS via symbol USD on IDEAL.
    you buy USD. sell EUR.

    how come your - USD amount ?:)
     
  3. Thanks for the help.

    But I have a still positive amount on MY account. I asked this question in order to help a desperate friend who is inclined to close his account and who has given up swing trading:D

    I stick to futures and wait for the arrival of the Universal account.