l hear that IB HKG allows you portfolio margin, whereas in UK you'd have to have well over 80K USD. advantage or disadvantages?
thanks
thanks
differences for IB client who has an IB UK account or IB HKG account for USD $80K portfolio.
- Thread starter IBRex&me user
- Start date
In the US and U.K. it is $100k or other currency equivalent or stock. In HK it appears to be $2000.
https://ibkr.info/tag/margin
https://ibkr.info/tag/margin
thanks for that, so you consider it advantageous or disadvantageous?
If you need to ask that question I would stay away from Portfolio Margin, not trying to be funny
Robert Morse
Sponsor
PM is risk based margin. It does not mean you have to take excessive risk and in fact it makes it more efficient to hedge. Why do you feel that PM is to be avoided as a general statement?
There are many misconceptions on ET, e.g. payment for order is a negative for retail traders. It is actually a win-win situation for wall street firms and retail traders.
Robert Morse
Sponsor
My comment was on PMA not PFOF. I'll keep my opinions about PFOF and fragmented markets to myself for now.
My response was rhetorical.
def
Sponsor
Portfolio margin like Reg T margin are US concepts. By default we provide position based risk margin in HK which is pretty similar to PM.
There are now 12,163 IB customers needing help here https://www.reddit.com/r/interactivebrokers/ and no sign of an IB rep.