1256 is an IRS reg. It is immaterial to segregation. The Fs/FOPs he's trading are segregated -> takes his available for equities below $25K with the futures req -> sends too many equity trades -> PDT -> cleared when he closes the Fs/FOPs -> equity above $25K -> PDT resets -> you are a f*cking moron.
https://www.ice.com/equity-index/single-stock There's many a slip 'twixt the cup and the lip. I have access to the ICE as a US trader. Don't you also? It does not matter, poopy has spoken, and called me a moron for trying to help someone.
Yeah, I was going to mention that he couldn't possibly be referring to SSFs, but I thought it too ignorant even accounting for the "subject matter exspurt" in question.
Sizzle my ass for trying. And last I saw in this thread, you did not answer his question. In other words...Stop responding to ME, and respond directly to Ates why he is seeing these PDT violation messages in his e-mail account. Can you do that?
IB does not allow you to fall into the PDT rule. They simply don't allow you to trade the 5th trade that would break the rule. https://gdcdyn.interactivebrokers.com/Universal/servlet/Registration_v2.formSampleView?formdb=3071 You are getting warnings just to let you know that if you are blocked on your 5th trade, it is because of the PDT rule, so you won't bother the support service with a useless ticket.
tool, doesn't explain why he's getting the warning email... which is bc of his existing futures position segregation. wheeeeee. Sucks being brilliant but I manage.