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IBKR is a lousy broker for advisors. IBKR will allow your clients to skip paying you by cutting you out and can get away without paying you a single cents despite all the agreements.

I manage a few client accounts now. IBKR has made it very difficult to get trading permissions for index options and also portfolio margins. IBKR wants us to use that expensive margins provided by the company instead of sourcing out from the markets using index options. Really, I have had...

from Asia.

It is stated that the minimum balance requirement is USD110,000.- And this particular client of mine has a balance close to USD3million. As an advisor with 20 or so clients under management, I find that IBKR is getting more complicated nowadays. It takes so much of my time trying to figure out...

IBKR has made it very difficult for anyone with balance above USD110,000.- to get Portfolio Margin, despite that option trading has been approved

You are probably some kind of brokers who try to promote his services. Private bankers know nothing about inheritance laws. They just love to make high fee structures that will pay them high commissions. They are out there to rip you off. I have dealt with some of them and many of private...

securities in non margin account in all brokerages (cash only transaction) are on street name. https://www.sec.gov/reportspubs/investor-publications/investorpubsholdsechtm.html#faq

Imagine the onerous changes that a stock will go through every time it is bought/sold in terms of share registration etc. Talking about the expenses and workloads. If you want to buy stock to your name, buy it directly from the companies, some companies have such programs working with some...

Any stock/bond buying through a broker is always on street name. One is segregated (ie when no margin loan ) and the other is rehypothated in the market (when there is margin loan) ie IBKR does not use its own money to fund the margin loan.

Firstly private bankers are out there to milk money out of you. They dont care on your tax situation; they’ll simply tell you to consult your own tax consultant. They could care less whether your portfolio makes money. They will sell funds/investments/insurance that will lend them the highest...

I do not sign up for stock yield enhancement program as I dont like to loan out my shares

Why do you want to set up as Non-US LLP? Your dividends will be withheld at 15% for countries having treaties with the US and 30% for countries without treaties. Setting up a US entity in a tax free state on the other hand is probably more beneficial as your dividends will not be withheld and...

Payment in lieu of dividends came from GBP55.37/GBP0.041045 = 1,349. shares. As of Friday at GBP3.3375 per BP.L share, those shares being loaned out worth approximately GBP4,502. The loan was GBP87.25

I just discovered to my dismay that IBKR has loaned out (doing rehypothecation) for GBP4,600 of my BP shares for borrowing a small amount of margin loan of GBP87. Is this legal for IBKR to lend out a much bigger amount of shares for something that seemingly a small margin loan.

The account is on Reg T as the NLV is less than USD110k. It benefited from a much lower interest rate. I am located in Asia and I have all my clients' accounts opened with IBKR LLC in US

Yes indeed a wire transfer can be done to save liquidation. Today I asked my client to wire funds and he wired just enough funds to cover the margin deficit. And the fund was received before the market opens in Europe where his account has European stocks and nothing is liquidated. Though I have...

Indeed. yes, thank you. I am sending funds by wire so it should save the positions from being liquidated.

Thank you. This mail was sent last Friday's US market closing and the negative SMA has still been outstanding since. I assume it will start liquidating the minute market opens in which the account has securities in.

One of accounts under my management is on Reg T Margin and got a Margin Call and it has a Box spread financing with unutilized cash. Does anyone know how long IBKR give time for such margin call notice before starting to liquidate some positions?

Selling bigger box vs smaller box, which one is better? It seems that selling bigger box is better as it saves on margin requirement and option transaction fees. How about other aspects like the likelihood of the box being broken up by IBKR liquidation algo and option costs that we have to pay...