Hello everyone,
Starting today (or at least I noticed for the first time today), my initial margin in IB seems to have doubled somehow (maintenance margin stays "normal").
This is the margin (in euros) showing for one contract of mini-ES:
And this is the "right" margin, AFAIK:
So, after adjusting for the exchange rate between EUR and USD, you can see that the maintenance margin is as it should be ( 11657 EUR = 12670 USD, give or take), but the initial margin is [almost] ***double*** (23314 EUR is over 25000USD).
I haven't done anything unsual (haven't traded much lately) and I'm alway miles away from using up all my margin, quite the contrary (even with IB high margin requirements).
This was happening during RTH and in multiple futures (CL, 6J, etc.)
(For stocks, as far as I can tell, it was working as usual).
Before (last week?), I had about 13000 margin for overnight and about 8000 for intraday.
Anyone else with the same problem?
Starting today (or at least I noticed for the first time today), my initial margin in IB seems to have doubled somehow (maintenance margin stays "normal").
This is the margin (in euros) showing for one contract of mini-ES:
And this is the "right" margin, AFAIK:
So, after adjusting for the exchange rate between EUR and USD, you can see that the maintenance margin is as it should be ( 11657 EUR = 12670 USD, give or take), but the initial margin is [almost] ***double*** (23314 EUR is over 25000USD).
I haven't done anything unsual (haven't traded much lately) and I'm alway miles away from using up all my margin, quite the contrary (even with IB high margin requirements).
This was happening during RTH and in multiple futures (CL, 6J, etc.)
(For stocks, as far as I can tell, it was working as usual).
Before (last week?), I had about 13000 margin for overnight and about 8000 for intraday.
Anyone else with the same problem?
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