IB a/c currency conversion

O

osho67

My a/c with IB is in base currency of GBP. All the time I earn some income in EUR and USD. My GBP net fluctuates depending on exchange rates. Periodically I can convert EUR and USD to GBP manually.

But is there a procedure where IB will covert them automatically at the end of the day all my balances from EUR and USD to GBP?

Thanks for the information. I am trying to avoid currency fluctuations.
 
there will be always some small rest after a conversion that has influence on the "FX portfolio". as you dont want that smallest rest to see it in the FX trading windows you can do that:
-open your account windows
-open the fx portfolio
-there you see the small rest
-right click on that line
-choose adjust position and cost
-you can do whatever you want , it does not have any inpact on real positions, only has influence how it apears on your account or position windows
-out in 0 on position or avg.price
-OK

then it should be clean .


Dont know if that helps...

euro
 
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