Interactive broker margins and trade amounts

Discussion in 'Trading Software' started by Grantx, May 25, 2020.

  1. Grantx

    Grantx

    I am trying to get used to the order entry routines in TWS and have a few questions if anyone would be kind enough to explain.

    A single short contract on the ES tells me the value is 149,262.50USD. Wtf does that mean? See screenshot.

    Equity with loan. What's that? Basically the only thing I understand is the 'margin' and commission part.

    1.png

    Cheers.
     
  2. danielc1

    danielc1

    Amount is $50 X 2985. 25 (monetary value of total contract)
    Equity with loan is your dollars + the dollars IB loans to you. (range between 2 to portfolio margin)
     
    apdxyk and Grantx like this.
  3. Overnight

    Overnight

    It means you're trying to work the markets when they are in HALT status, which is effectively the same as closed. That's why there is no data? Just a guess in that IB's systems don't know how to calculate anything where there is no market data? *shrugs* Call your customer service number and ask them. *giggle*