Bye-bye reg T

domestic · Jul 16, 2007

Quote from RichardRimes:

Funny, I always thought you were a girl....as in domestic (servant)

i would make an ugly girl, trust me. all man here.

domestic refers to the name of my diversified entities outside of pretty much full time trading. at this point i employ north of 65 people full time with benefits; i would like nothing more than to transition out completely. it takes time though.

Maverick74 · Jul 16, 2007

Quote from yip1997:

OC is well respected. I have learned a lot from him.

It was a joke yip1997. I do some business with him.

IV_Trader · Jul 16, 2007

Richard , you sound like a stud...
Call me ,
Angela

RichardRimes · Jul 16, 2007

:eek:

edit we had all better watch it...we're getting waaayyy off topic and you know how Magna is...what a party pooper

yip1997 · Jul 16, 2007

Quote from Maverick74:

It was a joke yip1997. I do some business with him.

I knew. Just want to promote OC as one of the very few good guys in ET.

IV_Trader · Sep 8, 2007

sooo , did anyone had an unexpected incise in margins lately AFTER taking position ?

just21 · Oct 25, 2007

On the IB conference call TP said IB have 1,000 pm accounts representing 15% of the $8 billion customer deposits up from 9% in previous quarter.

just21 · Oct 30, 2007

IB have increased the SPAN margin on short puts on equity index options on futures today. They are going up again in the future. My margin went up about 60%. How does span compare with portfolio margin now?

IV_Trader · Nov 1, 2007

Quote from just21:

IB have increased the SPAN margin on short puts on equity index options on futures today. They are going up again in the future. My margin went up about 60%. How does span compare with portfolio margin now?

this is a huge concern...changing rules in the middle of the game. Like vix margins in August. I think they did it even twice on the same day. definetly another vote for going prop.

omcate · Nov 1, 2007

Quote from just21:

How does span compare with portfolio margin now?

After getting the approval from Interactive Brokers to upgrade my trading access from Regular T to Portfolio Margining in April, I sold 10 contracts of Russell 2000 Call about 10% out of money, the initial margin requirement reduced from approximately 80,000 to around 50,000. (There was nothing in my portfolio to hedge these Call options.) In April, the initial margin requirement for shorting 10 contracts of ER2 Calls about 10% out of money without hedging is much smaller than that.