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That's really absurd. Obviously you'd have an issue if in the middle of the day they changed their commissions to $1000 a share or they changed margin intraday out of nowhere. Nobody is saying they can't manage their risk. What we're saying is: 1) An arbitrary rule on sub $250 million...

It's just so bizarre to me. A human being should be able to look at an account and it's history and see what the risk is of IB taking a loss. Clearly there should be at least a day before they autoliquidate. It's like they assume everyone is trading S&P futures only.

Exactly. What if I was in on vacation abroad this week? I'm actually going on a cruise in a few months where I will have very limited access to email. My IB email goes to a special "junk" account. I could very well have not gotten it. Further, I'd never been able to get the funds...

woops meant to quote this when i responded with the above: "No big deal if that's the rule to begin with, its quite big of a deal if its getting changed in middle of the game. Hey, you never know when the the margin rules on "your" positions will change.." Still getting the hang of this...

That's by far my biggest gripe. They assume everyone can just liquidate or add money w/in 2 trading days because on a whim they decided small cap stocks are too risky to margin. What about taxes? Some of us hold our positions for a year for long term capital gains. Having to suddenly...

This just wasn't thought out. They figured that they make so little on financing that the risk isn't worth it but they failed to realize they will lose whole customers (and their trading commissions) as a result. Every prime broker allows margin on sub $250m market caps.

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I think this is a game changer. If they don't reverse the rule, I will be transferring my account to a prime broker. I have a material account with them and can't operate without margin. I'm not a day trader but focus on micro caps and hedge accordingly with ETFs. I'm not sure we will...

I think this is a game changer. If they don't reverse the rule, I will be transferring my account to a prime broker. I have a material account with them and can't operate without margin. I'm not sure we will see big moves in stocks as a result of this, however. I could be wrong but...