Using T-bills as collateral for futures trading?

[vix111]

Hi, all

Can anyone recommend a futures broker, other than Interactive Brokers, which permits the use of US Treasury Bills as collateral for futures trading?

Preferably, the broker offers products on exchanges outside the US like Eurex, SGX and HKEx, covering instruments like ES, TN, GBL and Hang Seng.

Ideally, as little cash needs to be kept in the account, and non-USD losses can be carried forward as a margin debt.

Thanks for any suggestions!

PS Can a Mod please move this thread to "Retail Brokers"? Thanks.

 

[CannonTrading_Ilan]

We can accommodate on case by case basis but usually the value of the account needs to be above $100,000 to talk about tBills.

 

[mervyn]

Hi, all

Can anyone recommend a futures broker, other than Interactive Brokers, which permits the use of US Treasury Bills as collateral for futures trading?

Preferably, the broker offers products on exchanges outside the US like Eurex, SGX and HKEx, covering instruments like ES, TN, GBL and Hang Seng.

Ideally, as little cash needs to be kept in the account, and non-USD losses can be carried forward as a margin debt.

Thanks for any suggestions!

PS Can a Mod please move this thread to "Retail Brokers"? Thanks.

doubt it, cme settles to the mark. cash is deducted or added per daily pnl. even ibkr uses futures partition, they transfer money from and to the securities account.

 

[jeb9999]

Talk to Advantage Futures.
They have access to 21 exchanges.

For t bills probably need minimum 100K account and no more than 90% allowed in t bills.
They will sell a 10K bill or more if your cash balance drops below 10% on any day.

 

[vix111]

We can accommodate on case by case basis but usually the value of the account needs to be above $100,000 to talk about tBills.

Thanks. Unfortunately, Cannon Trading does not seem to offer access to Eurex. I trade GBL actively.

 

[vix111]

doubt it, cme settles to the mark. cash is deducted or added per daily pnl. even ibkr uses futures partition, they transfer money from and to the securities account.

Thanks. I do have an IBKR account. If I understand it correctly, negative USD and non-USD balances are carried forward effectively as margin loans.

 

[vix111]

Talk to Advantage Futures.
They have access to 21 exchanges.

For t bills probably need minimum 100K account and no more than 90% allowed in t bills.
They will sell a 10K bill or more if your cash balance drops below 10% on any day.

Thanks. I'll contact Advantage.

100k min is fine.

So Advantage does not allow a negative balance (USD or non-USD) to be carried forward as a margin loan, does it?

 

[CannonTrading_Ilan]

Thanks. Unfortunately, Cannon Trading does not seem to offer access to Eurex. I trade GBL actively.

That is incorrect!
We offer Eurex and many other exchanges. Our TBills policy is more flexible than most