Posted by highroller on 28th of Sep 2020 at 11:30 am
IBK changes, maybe others will follow
The letter states that
initial margin requirementswill rise
up to 35% from normal levels starting September 28th through
October 23rd. Maintenance margin requirements will increase in a
similar manner between October 5th and October 30th. The updates
will be made each day following the market's close in New York, and
will be effective the next trading day. By regulation, brokers
usually loan their clients 50% of the value of a new position, and
25% to maintain a current position. This will increase gradually to
67.5% for a new position and 33.75% for
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IBK changes, maybe others will
Posted by highroller on 28th of Sep 2020 at 11:30 am
IBK changes, maybe others will follow
The letter states that initial margin requirementswill rise up to 35% from normal levels starting September 28th through October 23rd. Maintenance margin requirements will increase in a similar manner between October 5th and October 30th. The updates will be made each day following the market's close in New York, and will be effective the next trading day. By regulation, brokers usually loan their clients 50% of the value of a new position, and 25% to maintain a current position. This will increase gradually to 67.5% for a new position and 33.75% for