What is the cost of applying IPO with IB?

Discussion in 'Interactive Brokers' started by GloriaBrown, Oct 28, 2017.

  1. With margin and without margin? What is the maximum ratio with margin?
     
  2. Robert Morse

    Robert Morse Sponsor

    All IPOs at every firm must be paid for in full and are not marginable as an IPO.
     
  3. For almost all local brokerage firms in Hong Kong, clients can borrow 900% margin with very low interest rate for ipo.
     
  4. Robert Morse

    Robert Morse Sponsor

    How was I to know that you were not asking about the US markets?

    I'm also not aware of IB ever being part of the selling group, so buying the IPO is not likely, You will have to trade after it is listed and publicly trading. The first few days, it will be hard for IB to provide leverage on those symbols.
     
  5. I don't know why it be hard for IB but it is an essential function for all local brokerage firms. None of the local brokerage firms are selling groups.
     
  6. Robert Morse

    Robert Morse Sponsor

    Are you asking about the IPO itself or trading after?