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.
For those that just cant get it...
Intraday margin is lower than initial Margin. IB has turned it off.
Now think real hard why even that could cause margin calls.
Going to see if anyone else is deciding to do that.
tonight is a perfect example of why I don’t trade futures contracts unless it is just for a few minutes.
You can wake up and find you are bankrupt
I just do the options. My losses will never be endless with margin calls.