Been with OPEN E CRY for trading ES, DAX and NIKKEI.. for over a yr now. Experience with them has been very positive. ES right now still $500 day margin and $2500 mainteance margin for those of you with lighter pockets. I trade 50-100 contracts per position. Their fills are very good from my experience with them. I do use MB TRADING for my forex trading( they do ES minis too) but their margin is like over $1500 per contract during the day.
This is the first of two threads (the other I started), whose specific intent is to get a comment from the IB reps on Elite Trader to inform us if IB intends to lower the margin requirments, as the original logic of raising them is no longer valid. So to avoid duplicitous calls to the IB customer service (where they don't know the answer anyways, as I've checked), hopefully, one of you reps can take some initaitive and find out this answer and get back us.
All specific comments I have read from IB appear not to have any timeframes, nor to hint at any intent to lower the margins. But it's worth the effort; perhaps there can be a modest (at least) decrease in intraday. Thanks.
Thanks for trying and thanks to Bitstream too. IB are you there? Won't you please reply to our query? We're your customers. Won't you tell us your thinking on this matter? It would be appreciated.