New margins for option traders

Discussion in 'Options' started by ktm, Jan 11, 2007.

  1. ktm


  2. One more nail in the coffin for prop trading firms.
  3. This will be great

    buying 100,000 worth of stock for 3,000 will bring alot more volume to the markets
  4. Maverick74


    Account minimums are going to be 100k to 500k per broker. Also, you can't pattern day trade in the account. There will be other restrictions as well. No, this will be of very little benefit for the "little" guy. However it will help the bigger trader substantially from what they have now.
  5. does anyone know if the minimum is accross all accounts in one brokerage or is it PER account?
  6. Maverick74


    I believe it's across all accounts. At least that is the case with Fimat.
  7. ktm



    I have not heard of these restrictions. Do you have a link?
  8. just21


  9. ktm


    Sorry to post here what had been posted there.

    I read that entire thread and Mav is still the only one saying there is a minimum acct size to be subject to portfolio margining. This may be broker discretion and maybe IB doesn't want to allow smaller fish to get in this game just yet, but I don't see this minimum being dictated by any regulatory body.
  10. Maverick74


    No, never stated it was regulatory. I have stated now on several threads that every broker I have talked has minimums anywhere from 100k to 500k as well as other restrictions. Just re-iterating that this is not for the little guy.
    #10     Jan 11, 2007