IB will eliminate intraday margin reductions. Commencing at 12:00 EST today

Discussion in 'Interactive Brokers' started by Tums, Jul 15, 2008.

  1. abxs

    abxs

    any idea when they will revert back to normal?
     
    #101     Aug 13, 2008
  2. When they are convinced that a bottom is in. They're worried about 5% or 10% days and the carnage it will reap on some traders and brokers.
     
    #102     Aug 13, 2008
  3. I happened to look today, and noticed they were using $2250 per contract margin intraday on the ES.

    Don't know if this is the first day, or if it happened before.

    OldTrader
     
    #103     Aug 13, 2008
  4. I trade against scum on the NYSE that routinely go out of their way to avoid giving you a fair print. As soon as you cancel, they print at the same price you were sitting at for their own account. Easy to see in stocks that trade thinly.

    Why not worry about real thievery and leave the imagined out of it.
     
    #104     Aug 13, 2008
  5. One of several reasons I now use IB for data but not for trading.
     
    #105     Aug 14, 2008
  6. Has IB reverted back to normal margin?
     
    #106     Sep 7, 2008