I trade through IB and have a margin question related ES/YM spread trading.
What total margin will be in case of such a spread?
As far as I could understand from helpdesk explanations high correlation of the ES and YM dose not count and total spread margin will be a sum of both products margin. Is that right?
If yes, then, according current ES and YM IB margins it means to open one spread position intraday I need 3131 usd and if I decide to keep it overnight 4850.
Are my calculation and information from helpdesk right?
Tnx in advance,
Gost