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Very,very lucky. Could have been disastrous in a flash crash.

Fine advice but you can get liquidated in a cash account. http://zerohedge.blogspot.com/2009/07/interactive-brokers-having-really-tough.html

The case below was Interactive Brokers. The fund recovered damages and fees. IB's claim for the debt was denied. http://www.slcg.com/pdf/sampleresults/Glen Lyon v Interactive Brokers Award.pdf "Case Summary The causes of action relate to Respondent's allegedly flawed, inefficient and...