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  1. O

    IB's 4% Intraday Initial Margin Req. for Index Futures

    I see the point you're making regarding the lower margins. Just a couple of comments though. First, you don't just risk your margin. You risk your market loss. If you don't have it there in margin, you still owe it. Second, I've rarely found that the interests of the customer and the...
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    IB's 4% Intraday Initial Margin Req. for Index Futures

    I don't know if I said that the increase in margin is a "customer benefit" or not. But I think in general an increase in margin gives additional protection to the firm, which in turn makes it more likely that the firm will not be shut down in a melt down of some type. I think that benefits the...
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    IB's 4% Intraday Initial Margin Req. for Index Futures

    Gnome: While some brokers do in fact give margin calls, and give some time to deposit additional funds, this thread is about IB, and that's not how IB operates. They do not give margin calls....they simply liquidate a position sufficiently to restore the account to it's proper position...
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    IB - Why Not a USB Security Device

    I've never had any difficulty with logging in with the device in a couple of different ways. First, my usual way from my desktop, sometimes very early in the AM before my coffee, and sometimes very late at night. The other way I log in is via my BlackBerry. Frankly, typing that quickly on...
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    Crude Oil Journal

    What is a "pyramid level"? How is it established? What is an "excursion"? Knowing how you're using these terms enables one to follow along. OldTrader
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    IB changes interest calc from LIBOR to Fed Funds

    Obviously what benefits IB in terms of paying interest, is detrimental when it comes to charging interest. I think Fed Funds are more volatile than Libor. What you didn't mention was the information about where IB invests customer funds. I would encourage folks to read it in full. OldTrader
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    IB Margin requirements

    Understand that IB is first protected via margin, and next protected by all of your other assets. Presumably IB "knows their customer". However, I'm sure you must know that the move on 9/17/2001, the first day of trading after 9/11, was approximately a 54 handle move down, less than some of...
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    IB Margin requirements

    Rockford: It sounds like you've got the purpose for margin down pat. But let's face it, we could easily set ES margin at $5K, or $10K. They too will "protect the firm from bankruptcy". So clearly Rockford there is a little more to all of this than you set forth in your post. Clearly...
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    Crude Oil Journal

    Where's your buy stop? OldTrader
  10. O

    IB Margin requirements

    Thanks for that info. OldTrader
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    IB Margin requirements

    LOL! A detective you aren't. Better keep your day job. That "$30mm loss" was a loss purchased by Petterfy as a means of reimbursing the IB shareholders for a trading loss taken on some German options which IB claims was as a result of manipulation, and which was much discussed here on ET...
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    IB Margin requirements

    If you take a look at some of the relatively recent price action, what you see is some examples of 40-50 handle moves in the ES in less than an hour. Other examples of $400-$500 moves in 5 minutes. Clearly these types of moves simply reflect an increase in volatility. One reasonable...
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    Making a living with a $30K account

    Tell your friend to trade one contract. If all goes well, he can start increasing....one at a time would be my suggestion. By the way, it drives me crazy to read posts wondering whether you can "make a living". The market is there to get rich, not make a living. Why trade otherwise? But...
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    Cbot Down!!!

    I don't recall it. But in this case the exchange went down. That's hardly IBs responsibility. And likewise, if the stop was close to the price traded when the exchange went down, they might not know right now whether the stop was elected. Now, go fuck yourself. OldTrader
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    Here come the lawyers: Chevy Chase Bank sued on mortgage

    LOL! You gotta be kidding! OldTrader
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    Cbot Down!!!

    Look at the time the exchange shut down, and look at whether the price had traded at your stop level. If not, you're still in. OldTrader
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    IB is in bad need of a 'message monitor' window

    Did you take a look at "audit trail"? Look under "configure", then "misc", then "create audit trail". Then look at the audit trail under "view". Maybe that does what you want. But obviously setting your TWS up right to start with is a big help. OldTrader
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    Here come the lawyers: Chevy Chase Bank sued on mortgage

    Straight out of the Trial Lawyers Association playbook. LOL. OldTrader
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    IB Margin requirements

    Just to clarify, that amount is $2800 per contract to daytrade the ES. Initial overnight margin for ES is around $4K. OldTrader
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    Sentinel Management Files for Chapter 11 Bankruptcy

    LOL! My, my. When you lack anything intelligent to say, and can't keep your piehole shut, out come the epithets. Now, let's go through this slowly since you evidently are having trouble comprehending. You hold your cash in a securities account called the Universal account. That account is...
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