Interactive Broker - interest charged on short selling options of index futures

Discussion in 'Retail Brokers' started by TsaiHugo, Jan 10, 2019.

  1. TsaiHugo

    TsaiHugo

    Does IB charge interest to short selling options of index futures? I tried to short selling 1 contract naked put on ESTX50 (euronext stoxx euro 50) in paper trade account and IB charged me interest like thousands of EUR. I thought that was because there's no EUR cash in my account balance, so I bought 18000 EUR and see what would happen. Next day, the interest was generated is all the same just like it was. Is there anyone know how to avoid the interest charged? Thanks.
     
  2. traider

    traider

    it's due to the margin required which i guess is in EUR.
     
  3. Visaria

    Visaria

    You need to CONVERT into Euros, not just have a EURUSD (or whatever pair) position.