Hi
I know minimum amount of cash/securities value to open new positions on margin account is 2000$.
But what if Net Liquidation Value falls below 2000$? Will my positions be auto liquidated?
Currently I have
NLV: 2074$.
Securities Gross Position Value: 3515$
Cash: -1442$
Current Maintenance Margin: 879$.
And I am wondering, if my NLV falls below 2000$ will IB auto-liquidate my positions to meet up 2000$ criteria? I could not find answer for that on IB site.
I know minimum amount of cash/securities value to open new positions on margin account is 2000$.
But what if Net Liquidation Value falls below 2000$? Will my positions be auto liquidated?
Currently I have
NLV: 2074$.
Securities Gross Position Value: 3515$
Cash: -1442$
Current Maintenance Margin: 879$.
And I am wondering, if my NLV falls below 2000$ will IB auto-liquidate my positions to meet up 2000$ criteria? I could not find answer for that on IB site.