Why cant IB allow shorting of BTC futures with a margin requirement of 500-1000%?

D

Daal

Why outright block it instead of putting in giant requirements? I mean, in theory, the Straits of Hormuz could be bombed and oil would open at $300. But you can still short oil futures
 
As mentioned on another thread, CBOE sources say TradeStation, Advantage, RJO are offering the product to retail investors. (Assuming you actually want to trade, rather than just b¡tch.)
 
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Daal said:
Why outright block it instead of putting in giant requirements? I mean, in theory, the Straits of Hormuz could be bombed and oil would open at $300. But you can still short oil futures
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If the Straits of Hormuz were "bombed", oil would not run up to $300 per barrel. The Straits of Hormuz is not a keystone in oil supply around the world anymore. US and Canada are fracking the hell out of it all. Don't forget all the current floating storage currently out on the oceans!

But at least oil does have some fundamental balance between give and take in the long run. Bitcoin has none.

Put in giant requirements for BTC and nobody will trade it. Put in too lax of a requirement and it could kill everyone. Moderate it, and things will be fine. Consider all of this a knee-jerk protection move against an unknown. I applaud it in a sense, but the next calendar quarter will start to reveal the leaks in the dam, if there are any.
 
Bitcoin futures shorting will require a 35% margin (5x BRR). - at today's Bitcoin (BRR) price the CME margin would be $28,086, your broker may set a higher rate. The tick will be $25. This is what I found anyway, it may change.

Nice to finally have a way to trade Bitcoin in the U.S. in a regulated market, even the Forex brokers (regulated) don't have any Crpto pairs - I guess they have higher standards (hehe).


https://thebitcoinnews.com/trading-...hat-will-cme-bitcoin-futures-do-to-the-price/
 
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I find it interesting, that Peterffy does an interview with CNBC. In one comment he says he will not allow shorting because if Bitcoin spikes, there might be no reasonable place to buy in their customers. In the next sentence, he says Bitcoin is going to near zero in 4 years.
 
Robert Morse said:
I find it interesting, that Peterffy does an interview with CNBC. In one comment he says he will not allow shorting because if Bitcoin spikes, there might be no reasonable place to buy in their customers. In the next sentence, he says Bitcoin is going to near zero in 4 years.
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Bear market spikes are the most volatile.
 
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