Recent content by 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...

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.

I heard that in order to lease a seat, your FCM must guarantee the seat value to the lessor. IBKR wants a really large equity cushion to do this even though the seats I'm looking at are around 40k to 200k.

I was told by a couple leasing brokers that the lessors require a guarantee from the FCM in order to lease a seat to me. It would be great if this isn't accurate? I have no interest in buying a seat.

Anyone have any luck with interactive brokers sponsoring a CME seat lease? I trade around 20k contracts a month, mostly ES, NQ and the treasury futures and haven't had much luck with them offering to sponsor me unless I have a very large account equity, many times over the value of the seat. I...