IB lowered margin requirements?

Discussion in 'Retail Brokers' started by z32000, Oct 16, 2007.

  1. z32000


    I've been looking into switching to Openecry since last time I saw IB pumped up their margin requirements...
    is it me or did IB lower their margin requirements again?
    and is this permanent?
  2. abxs


  3. maxpi


    YM is higher than it was too...
  4. joemiami

    joemiami Guest

    Go to Open Cry..Ive been using them for over a year. Very good broker. Interactive Brokers seems to change trading policies more often than the wind changes direction! they could easily come up with another excuse to jack up margins again. Why put up with that?

    Open ECry $500 margins ...even during times of high volatility, awesome DOM(depth of market system) Very good - excellent cust service.

    I rest my case...
  5. z32000


    does anyone know the formula that is used for calculating IB's margin requirements?

    does the margin requirements go up when the volatility index goes up or when the price of the futures contract goes up?
  6. This was discussed before....the VIX definitely changes the margin req, but the exact margin req is somewhat arbitrary and capricious.
  7. Before you rest your case completely, you might want to address some of the concerns expressed here, just the other day.

  8. ids


    We never calculate margin requirements on futures. IB uses requirements set by exchanges and clearing houses. Other brokers do the same as it required by law. We allow 1/2 margin reduction on majority of liquid futures during certain period of time. Other brokers could require less because it is an unregulated area.
  9. Tums


    if you have to worry about margin requirements, you are over trading.
    #10     Oct 17, 2007