IB Margins for FAS/FAZ

Discussion in 'Retail Brokers' started by Haroki, Jul 17, 2009.

  1. My margin info has been showing day margin requirements the same as overnight margin requirements.

    So one could hold 3+x margin overnight, which I actually did to test if I was right or not. So it's no joke. Previously, it was not possible, I got a pop up message 10 minutes to close if I was 2+x margin, and it would sell off some for me in order to avoid higher than allowed overnight margins.

    I never got any pop up message 10 minutes from the close or anything similar this time, so I let it ride to see what would happen.

    So to any IB Reps, is there a problem with your algorithms/software because of the recent split, or has there been a change that I'm not aware of?

    Isn't it against SEC regs to do this?

    I'll attach a screen shot of a few days ago. It shows the exact same margin reqs for day and night.