Search results

Can you move a stock position from one country to another? I mean not sell > wire money > buy again.

Not that I'm aware of.

Canadian with EU citizenship. I am retired and I spend time both places. Currently all assets (US securities) are held in the Canadian account. Would it be possible to have a second IB account in EU and move assets between accounts? TIA.

would you care to elaborate?

https://www.elitetrader.com/et/threads/interactive-brokers-margin-loan-for-real-estate-purchase.281768/ five year old discussion (IB is quite similar with your link).

That would work as well but I can foresee two major issues: selling securities to pay for property would trigger a large capital gains tax bill mortgage qualification might be an issue as I do not have regular employment income. Margin loan qualification is asset based.

Different rates up north.

Got your point but form risk management perspective this approach is no different than having a mortgage while using some margin on your investment account. And I believe that almost any broker requires 200% of the loan value in cash or marginable securities in your account.

I am thinking to take a $500k margin loan to finance a property and I am trying to make a pro - con list. This is what I have until now: Pros: very competitive interest rate - equal or better than a mortgage. no repayment constrains no qualification issues (as most of my income comes from...

From what I remember, IB makes dividend payments early in the morning on the payment date. Today I have one missing (or maybe delayed) payment. Has anyone noticed something similar? TIA.

> Competitive and Transparent Commissions $0.32 to $0.47 PER CONTRACT • ALL IN More expensive to trade.

I think your link is missing ... Can you post it? TIA.

Not really a problem. The discussions is about a Canadian account and dividends are taxed at the highest rate anyway.

I was wondering if people are using and find any value in Interactive Brokers’ Stock Yield Enhancement Program (SYEP). I am enrolled for about two months and I can see on the statements, under IB Managed Securities Lent Activity, a lot of transactions but almost no income. For the month of...

Two days delay but it finally arrived.

The advice you got was very good. The spread at opening / closing of the market or any other low liquidity time gets huge and it will certainly trigger your stop.

The distance between 50MA and 200MA on SP500 is only 8.75 points tonight. Most likely they are going to cross each other tomorrow.

It is securities gross position value, end of day balance. So, if you closed all your positions every single day of the tax year, the maximum value of your foreign property was zero any day of the year and you do not have o fill the form at all.

It is the value of the securities you held, any day during the year - securities gross position value end of day balance. As an example, if any day last year you held 2 ES contracts after 5:15pm, you will have to do detailed reporting.

If the cost of all specified foreign property held at anytime during the year was $250k or more, you are required to complete part B - no simplified reporting allowed.