You dont have to believe it. You cant even conceive the Futures market operates on margin.
Btw, No account I have will even let you trade Futures without a MARGIN account.
Oh boy, for the clueless IB doesnt want its head handed to them like with the Swiss national Bank debacle
Interactive Brokers eliminates reduced intra-day margin.
Effective with today’s close of US markets, reduced intra-day margin on all Futures products will be suspended. We will continue to monitor market volatility to determine whether intra-day reduced margin will be restored.
‘Btw, No account I have will even let you trade Futures without a MARGIN account.”
OK, so what? If speculators lose why do I care?