Interactive Brokers Futures Margin

Rickshaw Man

Rickshaw Man

I just don't get these overnight margin rates at Interactive Brokers. ES overnight initial $8052.25....VIX at all time low, yet these margin rates are thru the roof. What happened to this broker?

Have the machines taken over???????



ES Margin Interactive Brokers.jpg
 
Rickshaw Man said:
I just don't get these overnight margin rates at Interactive Brokers. ES overnight initial $8052.25....VIX at all time low, yet these margin rates are thru the roof. What happened to this broker?

Have the machines taken over???????



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Simple, they don't want overnight risk. We introduce to Wedbush. We use the exchange margin.
 
The Roth IRA is 300% above the regular rate ($24,000 for ES) - at TDA it 50% above the regular rate or $6,039.

IB - is a rin-tin-tin outfit - They hit me bogus back billing & will not do anything to fix it. First business I got mad enough over to report to the BBB.
 
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Robert Morse said:
Simple, they don't want overnight risk. We introduce to Wedbush. We use the exchange margin.
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I'm not buying the overnight risk theory. I had an account with IB years ago, The overnight was the same as the exchange rate. I think they do this to generate commissions.
 
comagnum said:
The Roth IRA is 300% above the regular rate ($24,000 for ES) - at TDA it 50% above the regular rate or $6,039.
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And, we offer exchange SPAN margin for IRA accounts when you use a self-directed IRA company like Midland IRA. That is the way my account is set up and I have allocated toward naked options sellers.
 
Rickshaw Man said:
I'm not buying the overnight risk theory. I had an account with IB years ago, The overnight was the same as the exchange rate. I think they do this to generate commissions.
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Could it be a regulatory move? Just like you cant have a Broker-Dealer along an FDM, maybe there is a certain risk you cant take with your Futures side. Just a thought.
 
Robert Morse said:
That would generate less commissions, as you can't trade as much. This is typical with a full service retail broker.
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No, more commissions, the guy was right. You can have low day trading margins, but if you wish to hold overnight and you do not have enough margin, you would have to liquidate and then reestablish on the new session.
 
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