Does IB have a plan to lower E mini commissions?

[Sashe]

that IB could have lost anything.
The maintainance for 1 ES is around $1400, the maximum adverse move was around $500.
So even those accts that were close to the minimum maintainance req -they were liquidated with the positive equity/cash.
Am I being wrong?

 

[metooxx]

Quote from def:

Each point is $50.
50% intraday margin is about $1780.
Globex moved about 10 points when it was down.

Am I missing something or is this roughly 500 bucks per contract.

Perhaps there were a handful of liquidations. If there were, and you assume all who got liquidated went into negative cash balance and all would fail to pay their debt, do you really think the amount would be significant. Do the math, i don't think I'm sticking my head out on a limb stating that commission loss during the down time far exceeded any loss (if there even was any) due to non-performing accounts.

I don't think you guys have to worry about panhandling for spare change anytime soon ...

 

[metooxx]

Quote from Sashe:

that IB could have lost anything.
The maintainance for 1 ES is around $1400, the maximum adverse move was around $500.
So even those accts that were close to the minimum maintainance req -they were liquidated with the positive equity/cash.
Am I being wrong?

You got it ...

 

[spreadem]

Each point is $50.
50% intraday margin is about $1780.
Globex moved about 10 points when it was down.

Am I missing something or is this roughly 500 bucks per contract.

Perhaps there were a handful of liquidations. If there were, and you assume all who got liquidated went into negative cash balance and all would fail to pay their debt, do you really think the amount would be significant. Do the math, i don't think I'm sticking my head out on a limb stating that commission loss during the down time far exceeded any loss (if there even was any) due to non-performing accounts.

If IB or any other broker lost a trader based only on a 10 point slide ($500) that broker is probably thinking ... good riddance.