For example, when I buy May contract of /NG and sell June contract of /NG at the same time, my broker AMP still charges $3500 ($1750 x 2) for overnight margin. Is this the same in other brokers?
AMP will not recognize the margin reduction at closing time. That is the one drawback of using a deep discount broker.
Hey Overnight a question, if you would be so kind.
Does AMP recognize exchange performance bond offsets during RTH?
I've never used AMP.
AMP will not recognize the margin reduction at closing time.
What do you know about this? They recognize it before closing? Or you don't know. Which is it?