Interactive Brokers Sponsoring Seat Lease

Discussion in 'Interactive Brokers' started by prr, Sep 20, 2022.

  1. How about calling directly the lessors ?

    The list (contact persons and phone numbers) can be found from this page:
    https://www.cmegroup.com/company/membership/membership-and-lease-pricing.html
     
    #11     Sep 22, 2022
  2. prr

    prr

    They said this "Please note that if you are looking to lease a seat, IBKR has an internal equity requirement that must be met before we would guarantee a customer's lease. This does not apply to purchased seats."

    The internal equity requirement they quoted me is ridiculously high.
     
    #12     Sep 22, 2022
  3. It's just a rule of IBKR (not exchange) ?! Ask others.
    It's a same situation as with their sky high intraday margin requirements compared to for example AMP Futures (ES $15k vs $0.4k -> 37x).
     
    #13     Sep 22, 2022
  4. prr

    prr

    I have spoken with some other brokerages that do it but a lot of them have worse margin requirements - I don't trade E-Mini futures back and forth all day so the 300-400 intraday margin doesn't help me. Also most other brokerages even the institutional prime brokers I have spoken with don't offer ETFs and futures in the same platform, don't offer FX spot trading or other things that would hurt my top line. That's why I am now trying to get this done on IBKR.
     
    #14     Sep 22, 2022
  5. That intraday thingy was just an example of the differencies between the brokers...

    How about this ?

    Matt Zimberg, CEO, Optimus Futures, LLC
    www.optimusfutures.com
    TF: 800 771 6748
    Local
    : 561 367 8686
    Questions?: general@optimusfutures.com

    That guy is very helpful and may know a solution for you.
     
    #15     Sep 23, 2022
    MarkBrown likes this.