www.archive-ca-2012.com » CA » I » INTERACTIVEBROKERS

Choose link from "Titles, links and description words view":

Or switch to "Titles and links view".

    Archived pages: 61 . Archive date: 2012-07.

  • Title: Direct Access Online Trading, Options, Futures, Forex, Stock
    Descriptive info: .. Direct Access Online Trading, Options, Futures, Forex, Stock.. English.. Français.. Deutsch.. Español.. Interactive Brokers Entities.. Interactive Brokers LLC.. Interactive Brokers (U.. K.. ) Limited.. Interactive Brokers Canada Inc.. Interactive Brokers Securities Japan Inc.. Interactive Brokers (India) Pvt.. Ltd.. Full List of Partner Brokers.. Home.. Main.. IB Canada English.. IB Canada French.. Institutional Account.. IB Worldwide.. Investor Relations.. Set Current Site as Default.. Why IB?.. Summary.. Global Offerings.. Best Execution.. Low Cost.. Superior Trading Technology.. Risk Management & Control.. Comprehensive Reporting.. Education Center.. Strength & Security.. Awards.. Feature Highlights.. Costs.. Commissions.. Interest & Financing.. Market Data & News.. Other Fees.. Required Minimums.. Advisor Client Markups.. Trading.. Trading Platforms.. Mobile Solutions.. API Solutions.. Platform Demos.. IB PaperTrader.. Customer Activity Monitor.. Product Listings.. New Products.. Exchange Listings.. Margin.. Order Types & Algos.. SmartRouting.. Trader's Calendar.. Short Sales.. Delivery, Exercise & Corporate Actions.. Erroneous Trade Policy.. My Account.. Account Management.. Funds & Banking.. Account Configuration.. Trading Configuration.. Users & Access Rights.. Statements & Reports.. Tax Reporting.. Security Information.. Forms & Disclosures.. New Accounts.. Finish Application.. Close an Account.. Education.. IB Market Briefs.. Traders' University.. Webinars.. User Documentation.. IB Student Trading Lab.. Chats & Bulletin Boards.. The Marketplace@IB.. Exchanges Around the World.. New Features Poll.. IB Canada FAQS.. About IB.. Information and History.. News at IB.. Media.. Comment Letters & Papers.. Performance Reports.. Financials.. S&P Rating.. Suggestions & Complaints.. Careers.. How Do I?.. Trade at IB.. Trade Bonds.. Monitor my Account.. Deposit, Withdraw & Transfer.. Add Products & Market Data.. Login.. Trader Workstation.. Trader Workstation Beta.. Trader Workstation Prior.. WebTrader.. WebTrader Beta.. IB Gateway.. IB Gateway Beta.. Finish an Application.. Statements.. PortfolioAnalyst.. Tax Forms.. Deposits and Transfers.. Withdrawals.. Funds Status.. Open an Account.. Start an Application.. Stocks Options Futures Forex Bonds Over 100 Markets Worldwide in a single IB Universal Account.. SM.. IB News Headlines |.. Gold Futures Now Available for Trading on HKMEX.. Financial Market Policy Proposals from IB Chairman to Senate Subcommittee.. US.. CA.. Europe.. Asia.. Interest..  ...   Fed Funds +0.. 25% to 1.. 5%.. EONIA +0.. 5% to 1.. CAD Libor +0.. HK Deposit Rate +0.. Interest Earned.. USD Fed Funds -0.. 25% to -0.. EONIA -0.. CAD Libor -0.. HK Deposit Rate -0.. 5% to -0.. 75%.. Flash Plugin required for real-time forex quote display.. See our.. Forex product page.. for more informaton about our Forex Product.. Interactive Brokers LLC is a member.. NYSE.. -.. FINRA.. SIPC.. and regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission.. Headquarters: One Pickwick Plaza, Greenwich, CT 06830 USA.. ) Limited is authorised and regulated by the Financial Services Authority.. FSA register entry number 208159 (.. http://www.. fsa.. gov.. uk/register/.. ).. Office: One Carey Lane, Fifth floor, London EC2 V8AE.. (.. interactivebrokers.. co.. uk.. is a member of the Investment Industry Regulatory Organization of Canada (.. IIROC.. ) and Member -.. Canadian Investor Protection Fund.. Trading of securities and derivatives may involve a high degree of risk and investors should be prepared for the risk of losing their entire investment and losing further amounts.. is an execution-only dealer and does not provide investment advice or recommendations regarding the purchase or sale of any securities or derivatives.. Our registered office is located at 1800 McGill College Avenue, Suite 2106, Montreal, Quebec, H3A 3J6, Canada.. Privacy Policy.. |.. Canadian Privacy Notification.. The risk of loss in online trading of options, futures, forex, stocks, foreign equities, and bonds can be substantial.. Options are not suitable for all investors.. For more information read the "Characteristics and Risks of Standardized Options".. For a copy, call +1 203 618-5800 or.. click here.. Before trading, customers must read the relevant risk disclosure statements on our.. Warnings and Disclaimers.. page.. For a list of IBG memberships worldwide,.. IB.. , InteractiveBrokers.. com.. , IB Universal Account.. , Interactive Analytics.. , IB Options Analytics.. , IB SmartRouting.. and IB Trader Workstation.. are service marks and/or trademarks of Interactive Brokers LLC..

    Original link path: /en/main.php
    Open archive

  • Title: Canada FAQs
    Descriptive info: Canada FAQs.. Print Friendly.. Create a PDF of this page.. for easy printing or saving.. IB Canada.. Account and Products.. I find your commission schedule confusing.. What are your commissions for stocks? Are there any other hidden fees?.. How do I open an account?.. How long will it take for account approval?.. I do not have a recent bank account statement, is there any other document that can be provided instead?.. Why do I have to fill out a W8 if I am a Canadian citizen with an account at IB Canada, a Canadian company?.. Do you offer registered (RRSP, RRIF, RESP, TSFA etc) accounts?.. Funding.. How do I deposit funds to my IB account?.. How do I setup an EFT (Electronic Funds Transfer) link with my bank account?.. Must I use the deposit notification form each time I deposit funds by wire?.. Why was my account transfer request rejected?.. Why was my withdrawal request rejected?.. My account was approved.. Where do I go to start trading?.. Do you automatically convert funds when I buy a US stock?.. What Canadian securities are NOT available for trading?.. Does IB Canada apply the same margin rules as most Canadian brokers?.. How does the SEC day trading rule (PDT) affect Canadians.. ?.. For the SEC day trading rule, does the $25,000 need to be in Canadian dollars or US dollars?.. Are the commissions quoted in US dollars or in Canadian dollars? Is there an exchange rate difference?.. Which office do I contact if I have a trade problem?.. What is the best way to contact IB Canada if I have a question?.. Taxes.. What forms will I receive?.. How do I access my forms?.. Will I receive tax forms in the mail?.. When will the forms be available electronically?.. Is there a form that shows my capital gains/losses?.. Can I use the First In, First Out (FIFO) or Mark-to-Market (MTM) Profit/Loss figures on the statements for my taxes?.. Is there a form that shows interest expense?.. Which jurisdiction's tax laws am I subject to?.. Other.. How do I make a suggestion or request to IB?.. What are your commissions for stocks? Are there any other hidden fees?.. Under our bundled (all-in) commissions structure:.. Unlike most Canadians brokers who charge a flat fee, our commissions for US stocks are 0.. 005 USD/share and 0.. 01 CAD/share for CAD stocks.. Minimum commission is 1$.. For example, 500 shares of a US stock would be charged 2.. 50 USD commission, and 500 shares of a Canadian stock would cost 5 CAD commission.. For a large number of shares, the maximum is.. 5% of the trade value, plus exchange fees in some cases.. Under our unbundled commissions structure:.. For those who trade a large number of shares each month, or who usually add liquidity when placing trades, our unbundled structure may reduce your commissions even further.. For example, a liquidity-adding order for 500 shares of a CAD stock trading at a price greater than 1$ executed on TSE would cost 2.. 79 CAD commission under our unbundled structure.. All our commissions and fees are listed in the Fees section of our website.. There are no hidden fees.. There is a minimum activity fee of 10 USD commissions per month.. If you do not spend 10 USD, you will be charged the difference.. In order to get real-time quotes through the Traderworkstation or Webtrader at IB, you will need to subscribe to market data.. A typical Canadian individual trader will subscribe to the US Securities and Commodities bundle (10 USD/month, free if monthly commissions are over 30 USD) and the TSE Level 1 (6 CAD/month, always charged).. Top.. Simply click on Open an Account on the main page of our website and complete an online application.. Approval generally takes 1-2 business days after you have completed the necessary on-line account registration and application tasks, and after we receive the required identification document.. Yes, you may obtain a letter from your bank confirming that you have an account there in good standing, on bank letterhead paper with the banker s name and signature, their phone number and the date.. Alternatively, you may also mail a cheque of 1$ payable to Interactive Brokers Canada, to our office at IB Canada, Attn: Documents processing, 1800 McGill College, suite 2106, Montreal, Qc, H3A3J6.. IB will cash the cheque and the 1$ will not be deposited in your account.. Why do I have to fill out a W8 if I am a Canadian citizen with an account at IB Canada, a Canadian company?.. You are required to complete and file a United States Internal Revenue Service (IRS) Form W-8 since you have  ...   parameters.. Click Preview Order to review your order details, and Submit order when you are ready, or Modify Order to modify.. Example:.. Buying 50,000 USD using CAD, at market price:.. Under the Order Management section, click on the Forex tab.. Enter the symbol USD, click Go, and select USD CASH IDEALPRO CAD USD.. CAD.. Under Action, choose Buy.. Under Quantity, enter 50000.. Under order type, choose MKT.. Click Preview Order, review the order details, click Submit Order.. Your base currency only determines the currency of translation for your statements.. It also is used for displaying combined margin requirements.. For cash accounts, base currency determines the currency of products you are allowed to trade.. You can only trade in products of the base currency for cash accounts.. Base currency does not affect the actual cash balances in the various currencies.. The actual cash balances in an account are shown in the Market Value section of the Account page of TWS/WebTrader.. They are also shown in the cash report section of your statements.. Virtual FX positions are created by the software when a conversion is made.. These may differ from your actual cash balances, and should be ignored unless you are actively trading forex.. What Canadian securities are NOT available for trading?.. IB does not offer Canadian Bonds and Mutual Funds.. Due to technical or regulatory issues, IB also does not currently offer trading on stocks with symbols ending in.. H and.. U, and Limited Partnership (LPs).. According to applicable Canadian rules, margin requirements on certain stocks may be as low as 30%.. However, this reduced margin rate of 30% will only be applied on an intra-day basis as we comply with Reg T (US) margin rules which require overnight margin requirement of at least 50%.. How does the SEC day trading rule affect Canadians?.. Since IB U.. S.. securities and options trades are cleared in the US, the SEC pattern day trading rules are applicable.. If you effect 4 stock or equity option "day trades" on a US exchange within a 5 business day period, you will be designated as a "pattern day trader".. The "pattern day trader" designation will require that you maintain a minimum of $25,000 (US dollars) to continue trading.. For more information, please.. For the SEC day trading rule, does the $25,000 need to be in Canadian dollars or US Dollars?.. The funds may be in Canadian dollars, so long as they are the equivalent of 25,000 USD or more.. Are the commissions quoted in US dollars or in Canadian dollars? Is there an exchange rate difference?.. Commissions are quoted in the currency of the exchange on which the trade took place.. Exchange rates are subject to fluctuation.. Please contact Interactive Brokers by chat or telephone.. for contact information.. What is the best way to contact IB Canada if I have a question ?.. For general inquiries, send a webticket (secured email system) from the Message Center section in Account Management.. For trade problems or other time-sensitive issues, please contact us by chat or telephone at 877-745-4222.. The IB Canada helpdesk is available Mon-Fri 8am-5:30pm ET.. You may contact any of the IB offices outside of these hours.. For contact information please see the Help & Contacts, customer service section.. Taxes.. Canadian residents will receive a form T5008 statement of your securities transactions.. If you received distributions from trust units, you will receive form(s) T3.. If you received dividends or interest, you will receive form T5.. Québec residents will also receive Relevé 18 and Relevé 3 forms.. You will also need your annual statement (available mid-February) to calculate your capital gains/losses.. All forms are available electronically at.. under.. Account Management/Report Management/Tax Forms.. No, tax forms are only available electronically.. 2008 T5008 and T5 forms are available March 2, 2009.. The T3 forms are generally available on March 31, 2009.. Some T3s may be made available after this date if the information is received late.. You should always try to match the available T3s with the distributions received as shown on your dividend report or account statements.. No.. Profits and losses shown on the annual or monthly statements is for information purposes only.. Please consult your tax advisor for further information on reporting these items.. No, this information is available on your annual statement.. What jurisdiction's tax laws am I subject to?.. You must consult with your independent tax advisor regarding the tax implications of your Interactive Brokers Canada account.. Neither Interactive Brokers Canada nor its personnel are authorized to provide you with tax, investment or other advice.. We encourage our customers to submit suggestions through our website, under Education/.. You may also vote for other traders suggestions..

    Original link path: /en/general/education/faqs/canadaFAQs.php?ib_entity=ca
    Open archive

  • Title: Trading Accès Direct, Options, Futures, Forex, Actions
    Descriptive info: Trading Accès Direct, Options, Futures, Forex, Actions.. Accueil.. Page Principale IB.. Particuliers.. Institutions.. IB dans le monde.. Relations avec les Investisseurs.. Définir Page Courante Comme Page Défaut.. Pourquoi Choisir IB?.. Sommaire.. Produits Globals.. Meilleure Exécution.. À Faible Coût.. Technologie de Négociation Supérieur.. Gestion des Risques et de Contrôle.. Rapports Détaillés.. Centre d Éducation.. Solidité.. Prix.. Essentiels IB.. Coûts.. Taux d'intérêts.. Données de marchés.. Autres frais.. Minimum requis.. Gestionnaires de portefeuilles.. Négociation.. Platformes de Négociations.. Solutions Mobiles.. Solutions pour Interface de Programmation d Application.. Bourses et Marchés.. Nouveaux Produits.. Listes des Marchés Boursiers.. Marge.. Types d'ordres.. Calendrier du négociateur.. Actions négociables à découvert.. Livraison, Exercise et Actions des Sociétés.. Politique des Transactions Erronées.. Mon Compte.. Gestion de Compte.. Instructions de règlement.. Configuration de Compte.. Accès à la négociation.. Droits des Utilisateurs et Droits d Accès.. Relevés de comptes.. Information fiscale.. Programme de sécurité.. Formulaires fiscaux.. Comptes Individus.. Compléter l'ouverture d'un compte.. Fermeture de compte.. Éducation.. Résumé du Marché IB.. Université des Investisseurs.. Webinars archivés.. Documentation des Utilisateurs.. IB le Laboratoire de Trading.. Forums clients.. Programmes Partenaires.. Sondage clients.. Autres Questions fréquentes.. À propos d'IB.. Historique.. Infos IB.. Média.. Lettres & commentaires.. Rapports d'activité.. États Financiers.. Note S&P.. Suggestions & plaintes.. Carrières.. Comment Fait-On?.. Négocier avec IB.. Négocier des Obligations.. Surveiller Mon Compte.. Dépots, Retraits et Transferts.. Ajouter Produits et Quotations Boursières.. Finir une Application.. Relevés de Compte.. Formulaires D Impôt.. Dépots et Retraits.. Retraits.. État des Fonds.. Ouvrir un Compte.. Commencer une Application.. Actions Options Contrats à Terme Devises (Forex) Obligations 100 Marchés via un compte Universel IB.. Infos IB |.. Contrat à terme sur l or maintenant disponible sur HKMEX.. Propositions du PDG d'IB à un sous-comité du Sénat sur la réglementation des marchés financiers.. Asie.. Intérêts.. Tarification sur titres Canadiens.. Actions et fonds d'investissement boursiers:.. 0,01$ par action.. Options (tout inclus):.. 1,50$ par contrat.. Contrats à Terme (plus frais de bourse, réglementaire, et de garde de position):.. De 0,30$ à 1,25$ par contrat.. Aucun  ...   to -0,5%.. EONIA -0,25% to -0,5%.. Libor CAD -0,25% to -0,5%.. Taux de Dépôt HK -0,5% to -0,75%.. Logicel Flash requis pour l'affichage en temps réel des cotes de devises étrangères.. Voir notre.. page de produits Forex.. pour plus d'informations sur notre plateforme Forex.. Interactive Brokers LLC est membre du.. , de la.. et est réglementée par la Securities and Exchange Commission et la Commodity Futures Trading Commission.. Siège social situé à One Pickwick Plaza, Greenwich, CT USA 06830.. ) Limited est réglementée par la Financial Services Authority.. Son numéro au registre est 208159 (.. Les bureaux sont situés à One Carey Lane, 5.. e.. étage, Londres EC2 V8AE.. est un courtier membre de l'Organisme Canadien de Règlementation du Commerce des Valeurs Mobilières (.. OCRCVM.. ) et Membre -.. Fonds Canadien de Protection des Épargnants.. Les opérations sur valeurs mobilières et sur instruments dérivés peuvent comporter un niveau élevé de risque et les investisseurs doivent comprendre qu ils peuvent perdre le plein capital investi, voire même des montants supérieurs.. est un courtier qui n offre que des comptes pour les opérations sur valeurs mobilières et sur instruments dérivés exécutées sans conseils ni recommandations.. Nos bureaux sont situés au 1800 Avenue McGill Collège, bureau 2106, Montréal, Québec, H3A 3J6, Canada.. Le risque de pertes pouvant résulter de la négociation en ligne d'options, de contrats à terme, de devises, d'actions, d'actions étrangères et d'obligations peuvent être substantiels.. Les options ne conviennent pas à tous les investisseurs.. Avant de négocier l'un ou l'autre de ces produits, le client doit lire les documents divulguant le risque sur notre page avertissements et divulgations.. Pour obtenir une copie du document "Caractéristiques et risques des options standardisées" (.. "Characteristics and Risks of Standardized Options".. ) veuillez contacter le +1 203 618-5800 ou cliquer.. ici.. (en anglais).. Pour une liste des inscriptions boursières du groupe IB, cliquez.. et IB Trader Workstation.. sont des marques de service et/ou de commerce de Interactive Brokers LLC..

    Original link path: /fr/main.php
    Open archive

  • Title: Interactive Brokers International Websites
    Descriptive info: Interactive Brokers International Websites.. Foreign Language Translations.. : Français.. Interactive Brokers: Deutsch.. Interactive Brokers: Español.. Interactive Brokers:.. Interactive Brokers Worldwide..

    Original link path: /en/ibglobal_sites.php
    Open archive

  • Title: Interactive Brokers Group Strength and Security
    Descriptive info: Interactive Brokers Group Strength and Security.. When placing your money with a broker, you need to make sure your broker is secure and can endure through good and bad times.. The.. financial statements.. of Interactive Brokers Canada Inc.. are available on our website for your review.. Note that Interactive Brokers Canada Inc.. is owned by IBG LLC.. Important Strength and Security Facts about Interactive Brokers Group.. On a consolidated basis, Interactive Brokers Group (IBG LLC) has over $4.. 6 billion in equity capital.. IBG LLC s owners are our public company, Interactive Brokers Group, Inc.. (11.. 5%) and the firm s employees (88.. 5%).. Unlike at most other firms, where management owns a relatively small share, we participate substantially in the downside just as much as  ...   lines and we do not commingle or utilize customer segregated assets for proprietary operations.. Our brokerage companies conduct no proprietary trading.. We hold no material positions in over-the-counter securities or derivatives.. We hold no CDOs, MBS or CDS.. The gross amount of our portfolio of debt securities, with the exception of U.. government securities, is less than 10% of our equity capital.. Our positions are marked to market daily and the resulting payables/receivables are reconciled to outside sources automatically.. Our real-time margining system marks all customer positions to market continuously.. All orders are credit vetted before being executed and positions in accounts with inadequate margin deposits are liquidated automatically.. We have reported solidly positive earnings for the past 18 consecutive years.. Site Map.. Contract Search.. Investors..

    Original link path: /en/general/about/ibgStrengthCA.php?ib_entity=ca
    Open archive

  • Title: Highlights
    Descriptive info: Highlights.. Trading Technology.. Accounts.. Products.. Why Interactive Brokers?.. Successful traders and investors understand that superior technology and lower trading costs can result in greater returns.. For 31 years we have been building direct access trading technology that delivers real advantages to professionals worldwide.. With consolidated equity capital of US $4 billion, IB and its affiliates exceed 1,000,000 trades per day.. In addition, our prudent and conservative risk policies make Interactive Brokers a safe haven for your money.. Discover some of the reasons why IB, the largest independent US broker/dealer, is the professional traders' and investors' choice.. Our premier Java-based Trader Workstation (TWS) incorporates all the tools required to enter, monitor and analyze your trading activity.. TWS is available for Windows, Mac and Linux based computers.. Globality.. Direct access to stocks, options, futures, forex, bonds and funds on over 70 market destinations in 17 countries from a single screen.. Trade assets denominated in multiple currencies from a single account.. Convert currencies at market determined rates as low as 1/2 PIP wide, or create a position collateralized by a non-native currency.. Stocks, options, futures, forex, bonds, and funds around the world are held and reported in a single IB Universal Account.. Best Trade Execution Trade Cost.. IB SmartRouting.. is designed to search for the best price available at the time of your order, and unlike other routers, dynamically route and re-route all or parts of your order to achieve optimal execution.. According to The.. Transaction Auditing Group.. (TAG), a third-party independent provider of audit services, Interactive Brokers' price execution for Stocks and Options is significantly better than the industry as a whole.. IB independently routes US stock, option and futures spread order legs to the best possible venue or natively routes your combination seeking price improvement, with IB undertaking the risk of partially executed orders.. IB SmartRouting Autorecovery.. re-routes your options orders in the case of an exchange malfunction, with IB undertaking the risk of double executions.. IB has automated every aspect of the trade process in-house, enabling us to offer ultra low commissions.. Risk Management Control.. Our real-time margin system continuously enforces limits for each account, and automatically liquidating positions if any individual account violates its limits at any time.. IB Risk Navigator.. , a real-time market risk management platform that unifies exposure across multiple asset classes around the globe.. Market-maker designed Trader Workstation (TWS) optimizes your trading speed with a single multi-product spreadsheet interface offering real-time streaming quotes and quick click order entry.. Simple, direct connection to our trading system, through the TWS APIs or using our CTCI FIX interface.. Customized order entry modules designed to meet specific trading needs such as options, forex, spread and basket trading.. Financing.. Portfolio Margin Accounts, which allow increased leverage with greater safety.. Interest paid on Commodities Margin Collateral.. Single Stock Futures EFPs available as a financing alternative with market determined interest rates.. Competitive interest rates paid on credit and short sale proceed balances.. Competitive interest rates charged on debit balances.. Reporting.. Flexible download files available in text or XML format.. Customizable Activity Statements in PDF or HTML format.. Daily Margin Reports detail requirements by underlying.. Interactive Brokers LLC is a member of.. Trader Workstation (TWS).. Gives you a high level overview of all our market-maker designed electronic trading platform has to offer.. TWS Configuration.. Most aspects of TWS are configurable see how easy it is to customize your workstation in this high level highlight.. Featured TWS Technology.. Accumulate/Distribute Algo.. Minimize market impact for large orders by slicing the order into increments and buying or selling over time, at pre-defined, randomized time intervals.. Available for stocks, options, futures and forex.. The IB Risk Navigator is a real-time market risk management platform unifying exposure across multiple asset classes around the globe.. Its easy-to-read spreadsheet interface lets you easily identify overexposure to risk by starting at the portfolio level and providing drill down access into successively deeper levels of detail within multiple report views.. Algos.. IB s growing family of stock and option algorithmic trading strategies help you balance market impact with risk to achieve optimal execution on your large volume orders.. Thomson Reuters Worldwide Fundamentals.. Comprehensive fundamental market data on more than 46,000 companies on over 100 exchanges around the globe is seamlessly integrated into TWS.. A monthly subscription gives you over 1,000 data fields viewable in TWS and through the socket APIs..  ...   of the benefits of our Trade Execution Services include direct global access, best trade execution, lower trading cost and optimal trading technology.. Prime Broker Services.. Our fully electronic global custody and clearing solution offers sophisticated risk management and control, financing, securities lending and comprehensive reporting.. Institutional Account Structures.. Multiple account structures ensure that we can meet the specific needs of your institution.. All of our account structures provide pre-trade and post trade allocation, signatory-enforced security, the ability to assign discrete user access rights, and staged order functionality to use third-party order management systems.. Strength and Security.. Our technology, our people and our strong financial condition help to protect you from the risk inherent in today s marketplace, and at the same time help you profit from it through our advanced trading system and ultra low fees.. IB Soft Dollar Commission Program.. Offset the purchase costs of many research-related products and services through IB s Soft Dollar Commission Program.. Portfolio Margin Account.. Interactive Brokers customers are able, in certain cases, to increase their leverage beyond Reg T margin requirements.. Corporate Actions.. The Corporate Actions page notifies you of all upcoming voluntary and mandatory corporate actions that could affect your portfolio, as far out as three full months.. IBEmployeeTrack.. is a simple, cost-free compliance solution that transmits daily activity reports on all employee-held accounts at Interactive Brokers directly to your legal department.. Contact your IB sales representative for more information on IBEmployeeTrack.. Product Highlights.. Products Summary.. Interactive Brokers offers direct access to stocks, options, futures, forex, bonds and funds on over 70 market destinations worldwide from a single IB Universal Account.. Options.. Interactive Brokers provides specialized options trading tools, high-powered option and portfolio analytics, ultra low commissions and IB SmartRouting with Autorecovery.. and 53 cents per contract better price improvement than the industry as a whole.. Forex.. Multiple large forex dealers.. In addition, IB s FXTrader is specifically designed for Forex traders and completely customizable.. Options Trading Desk.. Voice brokered options quotes and executions are now available.. For order sizes of 100 contracts or greater, our option trading desk can provide verbal quotes prior to exposing your outright and spread orders to the market.. Futures Future Options.. Ultra low commissions and the ability to trade multiple products on market centers around the world all from a single screen.. Commodities.. Ultra low commissions and direct market access to global commodity futures and futures options in multiple currencies, all from a single IB Universal Account.. Stocks ETFs.. Get direct access to market centers worldwide with market-maker designed Trader Workstation (TWS).. Use TWS BookTrader for single-click order transmission from the deep book data; trade baskets, ETFs, combinations and spreads using our specialized trading modules; take advantage of our integrated technical, fundamental and price/risk analytics tools; choose from over 40 order types to address any trading strategy; execute smart using our dynamic IB SmartRouting algorithm, which continually seeks price improvement - all at lower trading costs, realized through ultra low commissions, lower margin financing costs and higher interest paid on balances.. VWAPs.. To assist customers in reducing price execution risk for large block trades, we provide support for guaranteed Volume Weighted Average Price (VWAP).. EFPs.. An Exchange for Physical (EFP) allows the swap of a long or short stock position for a Single Stock Future, which has an interest rate built into its price that is determined competitively by numerous market participants.. Find out how EFPs can provide an economical and efficient financing vehicle.. Spread Combo Trading.. IB independently routes US stock, option and futures spread order legs to the best possible venue seeking price improvement, with IB undertaking the risk of partially executed orders.. In addition, ComboTrader allows customers to choose from a selection of predefined combinations or to create any generic combination of unlimited legs.. Bonds.. Interactive Brokers offers US corporate and government bonds available for trading from the NYSE Arca Bonds, ValueBond, and IB s sister market-making affiliate, Timber Hill, LLC.. Mutual Funds.. As a service to our Individual and Advisor customers, Interactive Brokers provides a selection of no-load Mutual Funds.. Dark Pools.. To help provide price improvement on large volume and block orders, IB now includes some of the more utilized dark pools in its SmartRouting logic.. IB Dutch Auctions.. Interactive Brokers provides access to IPOs and secondary offerings distributed by WR Hambrecht + Co through its electronic Dutch Auction system..

    Original link path: /en/general/education/highlights.php?ib_entity=ca
    Open archive

  • Title: Margin Requirements - Canada
    Descriptive info: Help & Contacts.. Customer Service.. System Status.. IB Knowledge Base.. IB Web Changes.. Calendars.. Margin Requirements - Canada.. Overview.. Canadian and US Stock and Index Options.. Futures.. Stocks.. SSFs.. Day Trading.. Introduction to Margin.. IB Margin Accounts.. Interactive Brokers offers several account types, including a cash account which requires enough cash in the account to cover transaction plus commissions, and two types of margin accounts: Reg T Margin and.. Portfolio Margin.. New customers must select an account type during the application process, and existing customers can.. upgrade from Cash or Reg T to Portfolio Margin,.. via the Trading Access menu in Account Management.. One of the main goals of Portfolio Margin is to reflect the lower risk inherent in a balanced portfolio.. Depending on the composition of the trading account, margin requirements under Portfolio Margin could be lower than under the Reg T rules.. This translates to greater leverage (note that trading with greater leverage involves greater risk of loss).. Conversely, for a portfolio with concentrated risk, the requirements under Portfolio Margin may be greater than those under Reg T, as the true economic risk behind the portfolio may not be adequately accounted for under static Reg T calculations.. Customers can compare their current Reg T margin requirements for their portfolio with those required under Portfolio Margin rules by.. clicking the.. Try PM.. button from their TWS Account Window.. Requirements and supported products for each of these accounts are detailed on the.. Account Types.. tab of the Trading Configuration page.. Account Type.. Description.. How We Calculate Margin.. Regulation (Reg) T Margin.. Borrowing to support equities trading, shorting of equities, options trading, futures/futures options trading, currency conversions and securities/commodities trading in multiple currency denominations available.. Purchase and sale proceeds are immediately recognized.. Margin requirements are computed in real-time under a rules-based calculation methodology, with immediate position liquidation if the minimum maintenance margin requirement is not met.. At IB, margin has a different meaning for securities versus commodities.. For securities, margin is the amount of cash a client borrows from IB.. For commodities, margin is the amount of cash a client must put up as collateral to support a futures contract.. Margin Definition.. The definition of margin includes three important concepts: the Margin Loan, the Margin Deposit and the Margin Requirement.. The Margin Loan is the amount of money that an investor borrows from his broker to buy securities.. The Margin Deposit is the amount of equity contributed by the investor toward the purchase of securities in a margin account.. The Margin Requirement is the minimum amount that a customer must deposit and it is commonly expressed as a percent of the current market value.. The Margin Deposit can be greater than or equal to the Margin Requirement.. We can express this as an equation:.. Margin Loan + Margin Deposit = Market Value of Security.. Margin Deposit >= Margin Requirement.. Borrowing money to purchase securities is known as "buying on margin".. When an investor borrows money from his broker to buy a stock, he must open a margin account with his broker, sign a related agreement and abide by the broker's margin requirements.. The loan in the account is collateralized by investor's securities and cash.. If the value of the stock drops too much, the investor must deposit more cash in his account, or sell a portion of the stock.. Initial and Maintenance Margin.. The Federal Reserve Board and self-regulatory organizations (SROs), such as the New York Stock Exchange and FINRA, have clear rules regarding margin trading.. In the United States, the Fed's Regulation T allows investors to borrow up to 50 percent of the price of the securities to be purchased on margin.. The percentage of the purchase price of securities that an investor must pay for is called the initial margin.. To buy securities on margin, the investor must first deposit enough cash or eligible securities with a broker to meet the initial margin requirement for that purchase.. Once an investor has started buying a stock on margin, the NYSE and FINRA require that a minimum amount of equity be maintained in the investor's margin account.. These rules require investors to have at least 25 percent of the total market value of the securities they own in their margin account.. This is called the maintenance margin.. For market participants identified as pattern day traders, the maintenance margin requirement is $25,000.. When the balance in the margin account falls below the maintenance requirement, the broker can issue a margin call requiring the investor to deposit more cash, or the broker can liquidate the position.. Brokers also set their own minimum margin requirements called "house requirements".. Some brokers extend more lenient lending conditions than others and lending terms may also vary from one client to the other but brokers must always operate within the parameters of margin requirements set by regulators.. Not all securities can be bought on margin.. Buying on margin is a double-edged sword that can translate into bigger gains or bigger losses.. In volatile markets, investors who borrowed from their brokers may need to provide additional cash if the price of a stock drops too much for those who bought on margin or rallies too much for those who shorted a stock.. In such cases, brokers are also allowed to liquidate a position, even without informing the investor.. Real-time position monitoring is a crucial tool when buying on margin or shorting a stock.. IB Real-Time Margining.. Interactive Brokers uses real-time margining to allow you to see your trading risk at any moment of the day.. Our real-time margin system applies maintenance margin requirements throughout the day to new trades and trades already on the books and enforces initial margin requirements at the end of the day, with real-time liquidation of positions instead of delayed margin calls.. This system allows us to maintain our low commissions because we do not have to spread the cost of credit losses to customers in the form of higher costs.. Our real-time margin system allows you to see your trading risk at any moment of the day using the real-time activity monitoring features in Trader Workstation.. For more information about real-time margin monitoring, see the Real-Time Monitoring Margin page.. Universal Account.. Although the Universal Account.. should be viewed as a single account for trading and account monitoring purposes, for regulatory and segregation purposes, there exists a separate securities and commodities account.. If there is a margin deficiency in either your securities or commodities account, cash will be transferred to cover the margin deficiency.. You are also protected by IB's strong financial position and our conservative risk management philosophy.. See IB's.. As part of the IB Universal Account service, IB is authorized to automatically transfer funds as necessary between your IB securities account and your IB commodities account in order to satisfy margin requirements in either account.. You can configure how you want IB to handle the transfer of excess funds between accounts on the Excess Funds Sweep page in Account Management: you can choose to sweep funds to the securities account, to the commodities account, or you can choose to not sweep excess funds at all.. Margin Model.. Margin requirements are calculated either on a rules basis and/or a risk basis.. Margin Calculation Basis.. Available IB Products.. Rule-Based Margin System: Predefined and static calculations are applied to each position or predefined groups of positions ( strategies ).. Reg T accounts: US stocks, index options, stock options, single stock futures, and mutual funds.. All accounts: Forex; bonds; Canadian, European, and Asian stocks; and Canadian stock options and index options.. Risk-Based Margin System: Exchanges consider the maximum one day risk on all the positions in a complete portfolio, or subportfolio together (for example, a future and all the options delivering that future).. Portfolio Margin accounts: US stocks, index options, stock options, single stock futures, and mutual funds.. All accounts: All futures and future options in any account.. Non-US/Non-Canadian stock options and index options in any account.. Margin requirements for each underlying are listed on the appropriate exchange site for the contract.. A summary of the requirements for the major futures contracts as well as links to the exchange sites are available on our Futures Margin Requirements page.. Extreme Margin Model.. Systems that derive risk-based margin requirements deliver adequate assessments of the risk for complex derivative portfolios under small/moderate move scenarios.. Such systems are less comprehensive when considering large moves in the price of the underlying stock or future.. IB has enhanced the basic exchange margin models with algorithms that consider the portfolio impact of larger moves up 30% (or even higher for extremely volatile stocks).. This 'Extreme Margin Model' may increase the margin requirement for portfolios with net short options positions, and is particularly sensitive to short positions in far out-of-the-money options.. Note:.. In the interest of ensuring the continued safety of its clients, IB may modify certain margin policies to adjust for unprecedented volatility in financial markets.. The changes will promote reduction of leverage in client portfolios and help ensure that clients accounts are appropriately capitalized.. IB is focused on prudent, realistic, and forward looking approaches to risk management.. In order to provide the broadest notification to our clients, we will post announcements to the IB System Status page.. We strongly encourage all clients to monitor this web page for advance alerts regarding margin policy changes.. Note that the credit check for order entry always considers the initial margin of existing positions.. Therefore, although an account may be holding an existing position at 35%, for example, it is the initial margin requirement of that position that is used in the credit check calculation for order acceptance.. ca/en/p.. php?f=marginCA&p=overview.. Canadian and US Stock and Index Options.. Non-US and Non-Canadian Options.. Canadian and US Stock and Index Options Requirements.. The NYSE and NASD have imposed rules to limit small investor day trading.. Customers that these organizations classify as Pattern Day Traders are subject to.. Day Trading Restrictions.. for US Securities.. Please note that Interactive Brokers utilizes option margin optimization software to try to create the minimum margin requirement.. However, due to the system requirements required to determine the optimal solution, we cannot always guarantee the optimal combination in all cases.. For detailed information on IB's calculation methodology and where to find margin requirement information in the TWS, see our.. IB Margin Overview.. The following table shows option margin requirements for each type of margin combination.. NOTE: The following formulas make use of the functions.. Maximum (x, y,.. ), Minimum (x, y,.. ) and If (x, y, z).. Maximum.. function returns the greatest value of all parameters separated by commas within the parenthesis.. As an example,.. Maximum (500, 2000, 1500).. would return the value 2000.. Minimum.. function returns the least value of all parameters separated by commas within the parenthesis.. Minimum (500, 2000, 1500).. would return the value of 500.. If.. function checks a condition and if true uses formula.. y.. and if false formula.. z.. As an example.. If (20 0, 30, 60).. would return the value 60.. Note also that Margin requirements quoted in US dollars may also be satisfied with a non-US Dollar equivalent.. Combination Type.. Margin Accounts.. Cash Accounts.. Initial.. Maintenance.. Initial and Maintenance.. Long Call or Put.. None.. Long option cost is subtracted from cash.. Initial.. : None.. Maintenance.. Short Naked Call.. 100% * option market value + maximum (((30% * underlying market value) - out of the money amount), 10% * underlying market value, $250 * number of contracts).. Short sale proceeds are applied to cash.. 30% above is 15% for broad based index options.. Same as Initial.. N/A.. Short Naked Put.. 100% * option market value + maximum (((30% * (underlying market value) - out of the money amount), 10% * strike price, $250 * number of contracts).. 100% of the aggregate put strike price.. Covered Calls.. Short a call option with an equity position held to cover full exercise upon assignment of the option contract.. Initial stock margin requirement + 100% of in the money option value.. Short sale option proceeds are applied to cash.. Stock maintenance margin requirements + 100% of in the money option value.. Stock paid in full.. Covered Puts.. Short a put option with an equity position held to cover full exercise upon assignment of the option contract.. Call Spread.. A long and short position of equal number of calls on the same underlying (and same multiplier) if the long position expires on or after the short position.. (Maximum (aggregate long call strike - aggregate short call strike, 0)).. Long call cost is subtracted from cash and short call proceeds are applied to cash.. Both options must be European style cash settled.. Put Spread.. A long and short position of equal number of puts on the same underlying (and same multiplier) if the long position expires on or after the short position.. (Maximum (aggregate short put strike - aggregate long put strike, 0)).. Long option cost is subtracted from cash and short option proceeds are applied to cash.. Short Butterfly Put.. Two long put options of the same series offset by one short put option with a higher strike price and one short put option with a lower strike price.. All component options must have the same expiration, same underlying, and intervals between exercise prices must be equal.. (Aggregate put option highest exercise price - aggregate put option second highest exercise price).. Long put cost is subtracted from cash and short put proceeds are applied to cash.. Not allowed for IRA accounts.. Must maintain initial margin.. Short Butterfly Call.. Two long call options of the same series offset by one short call option with a higher strike price and one short call option with a lower strike price.. (Aggregate call option second lowest exercise price - aggregate call option lowest exercise price).. Long Box Spread.. Long call and short put with the same exercise price ( buy side ) coupled with a long put and short call with the same exercise price ( sell side ).. Buy side exercise price is lower than the sell side exercise price.. All component options must have the same expiration, and underlying (multiplier).. Long option cost is subtracted from cash, and short option proceeds are applied to cash.. Short Box Spread.. Buy side exercise price is higher than the sell side exercise price.. MAX(102%*market-to-market value, strike differential*contract multiplier).. Long Butterfly.. Two short options of the same series (class, multiplier, strike price, expiration) offset by one long option of the same type (put or call) with a higher strike price and one long option of the same type with a lower strike price.. Collar.. Long put and long underlying with short call.. Put and call must have same expiration date, same underlying (and same multiplier), and put exercise price must be lower than call exercise price.. (Initial stock margin requirement).. Put option cost is subtracted from cash, short option proceeds are applied to cash.. Same rules as cash for IRA Margin Accounts.. Equity with Loan Value of long stock:.. Minimum (current market value, call aggregate exercise price).. Minimum (((10% * put exercise price) + out-of-the-money put amount), (30% * call exercise price)).. Long stock and put option cost is subtracted from cash, short option proceeds are applied to cash.. Conversion.. Put and call must have the same expiration date, underlying (multiplier), and exercise price.. Long stock and put cost is subtracted from cash, and short call proceeds are applied to cash.. minimum (current market value, call aggregate exercise price).. (10% * aggregate exercise price).. Reverse Conversion.. Long call and short underlying with short put.. Put and call must have same expiration date, underlying (multiplier), and exercise price.. (50% * short market value) + Maximum ((Put Exercise Price - Stock Market Price),0).. Long call cost is subtracted from cash, short stock and put proceeds are applied to cash, and short position is subtracted from equity with loan value.. (10% of Put Exercise price) + Maximum ((Put Exercise Price - Stock Market Price),0).. Protective Put.. Long Put and Long Underlying.. Long stock and put cost is subtracted from cash.. Minimum ((10% * aggregate put exercise price) + (100% * out of money amount), (stock maintenance margin requirement)).. Long stock and put option cost is subtracted from cash.. php?f=marginCA&p=opt.. Non-US/Non-Canadian Options Margin Requirements.. Margin requirements are determined by risk based portfolio analysis models specified by each exchange.. For specific details, visit the specific.. exchange.. site in question.. US Reg T Margin requirements are also applied at the end of each trading day.. For more information, see the US Stock and Index Options tab above.. For Australian single stock options, we apply US rule-based and Reg T margin requirements.. php?f=marginCA&p=opt1.. Futures - Intraday Margin Requirements.. Futures Options.. Futures margin requirements are determined by each exchange and can change frequently.. All margin requirements are expressed in the currency of the traded product.. The SPAN margin algorithm defines a standard set of market outcome scenarios with a one day time horizon.. A price scanning range is defined for each product by the respective clearing house.. In addition to the exchange-mandated margin models, IB considers large move scenarios for equity based index products.. IB will consider margin on extreme up and down moves in the underlying index products.. (In addition to the current SPAN range of 16 points, IB will consider additional scenarios which incorporate extreme moves in the underlying.. ) Accordingly, IB may require margin over and above the exchange-mandated margin on short out-of-the-money options in order to account for the risk inherent in an extreme market move.. Margin requirements on a specific option may be determined via creation of a TWS order line for the option in question and subsequent utilization of the TWS "margin check" feature for the given order.. Note that for commodities including futures, single-stock futures and futures options, margin is the amount of cash a client must put up as collateral to support a futures contract.. The table below depicts the exchange margin requirements.. Euronext Brussels (Belfox).. Exchange.. IB Underlying.. Product description.. Trading Class.. Intraday Initial.. Intraday Maintenance.. Overnight Initial.. Overnight Maintenance.. Currency.. BELFOX.. BFX.. BEL 20 Index.. BXF.. 1938.. 1550.. EUR.. Chicago Board Of Trade (CBOT).. CBOT.. AC.. Ethanol -CME.. 4455.. 3300.. USD.. INDU.. Dow Jones Industrial Average.. DJ.. 3125.. 2500.. 6250.. 5000.. SA.. 5 Year Swap Future.. NG.. 810.. 600.. SR.. 10 Year Swap Futures.. NI.. 1890.. 1400.. YC.. Mini Sized Corn Futures.. 729.. 540.. YK.. Mini Sized Soybean Futures.. 1013.. 750.. YW.. Mini Sized Wheat Futures.. 891.. 660.. ZB.. 30 Year US Treasury Bond.. 1958.. 1450.. 3915.. 2900.. ZC.. Corn Futures.. C.. 3645.. 2700.. ZF.. 5 Year US Treasury Note.. FV.. 439.. 325.. 878.. 650.. ZL.. Soybean Oil Futures.. BO.. 1850.. 1370.. ZM.. Soybean Meal Futures.. 3105.. 2300.. ZO.. Oat Futures.. O.. 1715.. 1270.. ZQ.. 30 Day Fed Funds.. FF.. 87.. 65.. 174.. 129.. ZR.. Rough Rice Futures.. RR.. 1688.. 1250.. ZS.. Soybean Futures.. S.. 5063.. 3750.. ZT.. 2 Year US Treasury Note.. TU.. 186.. 138.. 371.. 275.. ZW.. Wheat Futures.. W.. Montreal Exchange (CDE).. For more information on these margin requirements, please.. CDE.. BAX.. -.. 531.. 425.. 1063.. 850.. CAD.. CGB.. 10 Year Government of Canada Bonds.. 1531.. 1225.. 3063.. 2450.. TSE60.. S P Canada 60 Index Futures (Old TSE60).. SXF.. 4531.. 3625.. 9063.. 7250.. SXM.. 1133.. 907.. 2266.. 1813.. TSX.. S P TSX COMPOSITE INDEX.. SCF.. 3813.. 3050.. 7625.. 6100.. CBOE Futures Exchange (CFE).. CFE.. GVZ.. CBOE Gold Volatility Index.. GV.. 1020.. 816.. OVX.. CBOE Crude Oil Vol Index.. OV.. 898.. 718.. VIX.. CBOE Volatility Index.. VX.. 7088.. 5670.. VM.. Mini VIX Index.. 709.. 567.. VT.. CBOE S P 500 Three Month Variance.. 75000.. 60000.. VXEEM.. CBOE Emerging Markets ETF Volatility Index.. VXEM.. 714.. 571.. VXN.. CBOE NDX Volatility Index.. VN.. 16250.. 13000.. Chicago Mercantile Exchange (CME).. CME.. ACD.. Australian dollar.. 8640.. 6400.. AJY.. 1417500.. 1050000.. JPY.. AUD.. AD.. 3402.. 2520.. BRE.. Brazilian Real in US Dollars.. BR.. 9100.. 6500.. Canadian dollar.. CD.. 2295.. 1700.. CHF.. Swiss franc.. SF.. 6210.. 4600.. CZK.. Czech koruna.. CZ.. 20250.. 15000.. ECK.. ECZ.. 8100.. 6000.. EHF.. Hungarian forint.. EHU.. EM.. 1 Month LIBOR (Int.. Rate).. 270.. 200.. EPZ.. Polish zloty.. EPL.. 5400.. 4000.. European Monetary Union euro.. EC.. 4482.. 3320.. GBP.. British pound.. BP.. 2066.. 1530.. GE.. GLOBEX Euro-Dollar.. ED.. 219.. 163.. GF.. Feeder Cattle.. FC.. 2592.. 1920.. GSCI.. CME GSCI Index.. GI.. 11550.. 7700.. GTB.. 13 Week T-Bills.. TB.. HE.. Lean Hogs.. LH.. 1863.. 1380.. HUF.. HFO.. 16200.. 12000.. Japanese yen.. JY.. 4064.. 3010.. LE.. Live Cattle.. LC.. 1620.. 1200.. MID.. S P Midcap 400 Stock Index.. MD.. 28125.. 22500.. MXP.. Mexican Peso.. MP.. 3000.. NDX.. NASDAQ 100 Stock Index.. ND.. 12500.. 10000.. NKD.. Dollar Denominated Nikkei 225 Index.. NK.. 1406.. 1125.. 2813.. 2250.. NZD.. New Zealand dollar.. NE.. 2754.. 2040.. PLN.. PLZ.. 14850.. 11000.. RF.. RP.. 2093.. RUR.. Russian Ruble in US Dollars.. RU.. 8550.. 5700.. RY.. 506250.. 375000.. SEY.. Euroyen (TIBOR) Index.. EY.. 24300.. 18000.. SPX.. S P 500 Stock Index.. SP.. 10938.. 8750.. 21875.. 17500.. ZAR.. South African Rand.. RA.. 3038.. Eurex (DTB).. DTB.. 4GLD.. XETRA-GOLD.. FXGL.. 5225.. 4180.. 5AB.. Asian Bamboo AG.. 5ABF.. 101.. 81.. ABI.. Anheuser-Busch InBev NV.. ITKG.. 788.. 630.. ACA.. Credit Agricole SA.. XCAH.. 51.. 41.. ADS.. Adidas AG.. ADSG.. 721.. 577.. AGN.. Aegon NV.. AENF.. 46.. 37.. AGS.. Ageas.. FO4G.. 21.. 17.. AI.. Air Liquide SA.. AIRI.. 1216.. 973.. ALBK.. Allied Irish Banks PLC.. ALBF.. ALO.. Alstom SA.. AOMG.. 311.. 249.. ALU.. Alcatel-Lucent/France.. CGEF.. 15.. 12.. ALV.. Allianz SE.. ALVG.. 994.. 795.. BAS.. BASF SE.. BASG.. 703.. 563.. BAYN.. Bayer AG.. BAYF.. 720.. 576.. BBVA.. Banco Bilbao Vizcaya Argentaria SA.. BBVG.. 74.. 59.. BMW.. Bayerische Motoren Werke AG.. BMWF.. 719.. 575.. BMW3.. BM3F.. 484.. 387.. BN.. Danone.. BSNH.. 621.. 497.. BNP.. BNP Paribas SA.. BNPH.. 400.. 320.. BTM.. Mid-Term Euro-BTP Italian Government Bond.. FBTM.. 8200.. 6560.. BTP.. Euro-BTP Italian Government Bond.. FBTP.. 4538.. 3630.. BTS.. Short-Term Euro-BTP Italian Government Bond.. FBTS.. 2313.. Carrefour SA.. CARG.. 181.. 145.. CBK.. Commerzbank AG.. CBKG.. 16.. 13.. CS.. AXA SA.. AXAG.. 125.. 100.. DAX.. DAX 30 Index (Deutsche Aktien Xchange 30).. FDAX.. 7706.. 6165.. 15412.. 12330.. DB1.. Deutsche Boerse AG.. DB1G.. 528.. 423.. DBK.. Deutsche Bank AG.. DBKG.. 318.. 254.. DCX.. Daimler AG.. DAIF.. 457.. 366.. DDAX.. DivDax.. FDIV.. 1988.. 1590.. DEC.. JCDecaux SA.. DCSG.. 221.. 176.. DESX5.. Dow Jones EURO STOXX 50 Index-Dividenden.. FEXD.. 825.. DG.. Vinci SA.. SQUG.. 351..  ...   FWD.. 1718.. 1374.. ALFA.. Alfa Laval AB.. 1820.. 1456.. 1821.. 1457.. ALIV.. SDB.. Autoliv Inc.. 5656.. 4525.. ASSA.. B.. Assa Abloy AB.. ASSAB.. 3021.. 2417.. 3022.. 2418.. ATCO.. A.. Atlas Copco AB.. ATCOA.. 3169.. 2535.. AZN.. AstraZeneca PLC.. 4845.. 3876.. BOL.. Boliden AB.. BOLI.. 2117.. 1694.. ELUX.. Electrolux AB.. ELUXB.. 2982.. 2386.. ERIC.. Telefonaktiebolaget LM Ericsson.. ERICB.. HM.. Hennes Mauritz AB.. HMB.. 5188.. 4150.. 5189.. 4151.. HOLM.. Holmen AB.. HOLMB.. 2816.. 2253.. HUS.. Husqvarna AB.. HUSQB.. 689.. 551.. INVE.. Investor AB.. INVEB.. 1630.. LUPE.. Lundin Petroleum AB.. 4570.. 3656.. MEDA.. Meda AB.. NDA.. Nordea Bank AB.. 1305.. 1044.. NOKIA.. 444.. 355.. OMXS30.. OMX Index (Sweden).. 12324.. 9859.. SAND.. Sandvik AB.. 1856.. SCA.. Svenska Cellulosa AB.. SCAB.. 2321.. 1857.. SCV.. Scania AB.. SCVB.. 2463.. 1970.. 2464.. 1971.. SEB.. Skandinaviska Enskilda Banken AB.. SEBA.. 1041.. 833.. SECU.. Securitas AB.. SECUB.. 1155.. 924.. SHB.. Svenska Handelsbanken AB.. SHBA.. 3587.. 2870.. SKA.. Skanska AB.. SKAB.. 2274.. 1819.. SKF.. SKF AB.. SKFB.. 2886.. 2309.. 2887.. 2310.. SSAB.. SSAB AB.. SSABA.. 1209.. 967.. STE.. R.. Stora Enso OYJ.. 914.. 731.. SWEDA.. Swedbank AB.. 2473.. 1978.. SWMA.. Swedish Match AB.. 4335.. 3468.. TEL2.. Tele2 AB.. TEL2B.. 1675.. 1340.. 1676.. 1341.. TLSN.. TeliaSonera AB.. 691.. 552.. 685.. 548.. TREL.. Trelleborg AB.. TRELB.. 1418.. 1134.. VOLV.. Volvo AB.. VOLVB.. 1664.. 1331.. Osaka Securities Exchange (OSE.. JPN).. OSE.. JPN.. N225.. Nikkei 225.. NK225.. 206250.. 165000.. 412500.. 330000.. N225M.. Nikkei 225 Mini.. NK225M.. 20625.. 16500.. 41250.. 33000.. NKVI.. Nikkei 225 Volatility Index.. 137500.. 110000.. Singapore Exchange (SGX).. LME-SGX Aluminum.. APEX50.. SGX MSCI Asia APEX 50 Index.. AP.. CU.. LME-SGX Copper.. MXID.. MSCI Indonesia Index.. ID.. N225U.. SGX: USD Nikkei 225 Index.. NU.. 1520.. S P CNX Nifty Index.. IN.. NKYDIV.. Nikkei Stock Average Dividend Point Index.. 51875.. 41500.. 12150.. SGB.. SGX Mini JGB Index.. JB.. 81000.. SGXNK.. SGX: Nikkei 225.. 90625.. 72500.. 181250.. 145000.. SGXNKM.. SGX: NIKKEI 225 Mini.. NS.. 18125.. 14500.. SSG.. MSCI Singapore Free Index.. 2875.. SGD.. STI.. SGX Straits Times Index.. ST.. STW.. MSCI Taiwan Index.. TW.. SX5EU.. SGX Euro Stoxx 50 Price Index.. EX.. TSR20.. SICOM Rubber.. XINA50.. FTSE/Xinhua China A50.. CN.. ZINC.. LME-SGX Zinc.. Sydney Futures Exchange (SNFE).. SNFE.. 30 Day Interbank Cash Rate.. 740.. IR.. 90 Day Bills.. 913.. 730.. SPI.. S P/ASX 200 Index (Australia).. XT.. 10 Year Treasury Bond 6%.. 3581.. 2865.. YT.. 3 Year Treasury Bond 6%.. Eurex (SOFFEX).. SOFFEX.. ABBN.. ABBF.. ADEN.. Adecco SA.. ADEF.. 519.. 415.. ATLN.. Actelion Ltd.. ATLH.. 509.. 407.. BAER.. Julius Baer Group Ltd.. BAEH.. 431.. 344.. BAEI.. BALN.. Baloise Holding AG.. BALF.. 789.. 631.. CFR.. Cie Financiere Richemont SA.. CFRI.. CLN.. Clariant AG.. CLNF.. 104.. CONF.. Swiss Federal Long-Term Bonds.. 3087.. 2470.. CSGN.. Credit Suisse Group AG.. CSGG.. 214.. GAM Holding AG.. GAMF.. 133.. GEBN.. Geberit AG.. GBRI.. 2361.. 1889.. GIVN.. Givaudan SA.. GIVG.. 1179.. 944.. HOLN.. Holcim Ltd.. HOLH.. 524.. KNIN.. Kuehne + Nagel International AG.. KNIH.. 1274.. 1019.. KUD.. Kudelski SA.. KUDG.. 94.. LOGN.. Logitech International SA.. LOGF.. 117.. LONN.. Lonza Group AG.. LONF.. 529.. NESN.. Nestle SA.. NESG.. 738.. 590.. NOBE.. Nobel Biocare Holding AG.. NOBH.. NOVN.. Novartis AG.. NOVF.. RIGN.. Transocean Ltd/Switzerland.. RIGF.. 570.. 456.. ROG.. Roche Holding AG.. ROGF.. SCMN.. Swisscom AG.. SCMH.. 384.. SGSN.. SGS SA.. SGSJ.. 2329.. SGSK.. 2281.. 1825.. SLHN.. Swiss Life Holding AG.. SLHG.. SLI.. Swiss Leader Index (PREIS_INDEX).. FSLI.. 855.. 684.. SMI.. Swiss Market Index.. FSMI.. 2903.. 2323.. 5806.. 4645.. SMIDP.. SMI Dividend Points Index.. FSMD.. SMIM.. Swiss Mid-cap Index.. FSMM.. SREN.. Swiss Re AG.. SREG.. 759.. 607.. SYNN.. Syngenta AG.. SYNG.. 404.. 323.. SYSB.. SYNTHES INC.. BASKET.. SYSG.. UBSN.. UBS AG.. UBSH.. UHR.. Swatch Group AG/The.. UHFF.. 434.. 347.. UHRN.. UHRF.. 761.. UNAX.. OC Oerlikon Corp AG.. OERG.. 96.. 77.. XMSZ.. CS ETF CH on SMIR.. XMTF.. 1501.. 1201.. ZURN.. Zurich Insurance Group AG.. ZURF.. TSEJ.. JGB.. 343750.. 687500.. 550000.. MJ.. MJG.. 34375.. 27500.. 68750.. 55000.. MNTPX.. MTP.. 19938.. 15950.. 39875.. 31900.. TOPX.. TPX.. 199375.. 159500.. 398750.. 319000.. TPXC30.. COR.. 19100.. 15280.. TSEREIT.. EIX.. 32500.. 26000.. php?f=marginCA&p=fut.. Futures Intraday Margin Requirements.. Due to market conditions and until further notice, Intra-day margin benefit rules for currency futures have temporarily been suspended.. IB Intraday Futures Margin and Futures Options Hours.. The following Futures products will be margined at 50% of the normal margin requirements during normal liquid trading hours for each product type.. Each day at 15 minutes before the close of the normal trading session for a product, margin requirements will revert back to the 100% requirement until the opening of normal trading hours the next day.. Margin requirements will always be applied at 100% for all spread transactions.. Symbol.. ECBOT.. ZD.. ZB.. ZN.. ZF.. ZT.. ZQ.. DD.. YE.. YM.. GLOBEX.. 6A.. 6B.. 6C.. 6S.. E7.. 6E.. GE.. EED.. ND.. NQ.. QCN.. SP.. IDEM.. MINI.. SPMIB.. CDE.. BAX.. CGB.. SXF.. DTB.. FDAX.. FGBL.. FGBM.. FGBS.. SOFFEX.. FSMI.. I.. LIFFE.. R.. Z.. WTI.. IX.. FTA.. FTI.. MONEP.. FCE.. HKFE.. ALC.. BCL.. BCM.. BEA.. BOC.. CCB.. CCC.. CHT.. CHU.. CKH.. CKI.. CLI.. CLP.. CNC.. CNM.. CPA.. CPC.. CTC.. DWM.. ESP.. FIH.. HEH.. HEX.. HHI.. HKB.. HKG.. HLD.. HNP.. HSB.. HSI.. HWL.. ICB.. JSE.. LEH.. LIF.. MCH.. MHI.. MTR.. NWD.. PAI.. PCC.. PEC.. PIC.. SHK.. SWA.. WHL.. 18.. JPN.. MN.. SNFE.. AP.. SGX.. TW.. NK.. NS.. TSE.. 10Y.. TOPX.. MT.. CL.. 50% Margin Cut-Off Time.. Normal Trading Margin Commences.. ECBOT & Globex.. The earlier of 15 minutes before open outcry hours for a product ends or 15:45 pm EST.. OneChicago.. 15:45 EST.. European Exchanges.. (with the exception of DTB).. 15 minutes before product trading ends.. We do not offer intraday margin for futures if you have the option based on the future/index in the same portfolio for European exchanges.. If you have a DAX future, you have intraday margin until 21:45.. If you have an option on DAX, you will not have any intraday margin for the futures.. 16:00 HK Time.. IB Maintenance Margin Minimums.. Futures:.. 50 USD /contract.. Short Options:.. 50 USD/contract for 100 delta units.. 25 USD/contract for 0 delta units.. Minimums for deltas between 100 and 0 will be interpolated based on the above schedule.. Eurex contracts always assume a delta of 100.. IB Initial Margin Minimums.. 125% of Maintenance Margin.. php?f=marginCA&p=fut1.. Futures Options Margin Requirements.. In addition to the exchange-mandated SPAN margin models, IB s margin system considers risk scenarios for options on futures which incorporate extreme market moves in the underlying products.. In order to account for the risk inherent in extreme market moves, IB s required margin for your options positions may be higher than the exchange-mandated margin requirements.. IB s margin requirements for a specific option contract can be determined by creating a TWS order line for that option contract and then using the TWS "margin check" feature for that order line.. Exchange-mandated margin requirements are determined by risk based portfolio analysis models specified by each exchange.. IB futures minimums and 50% Day trading rates.. will apply.. php?f=marginCA&p=fut2.. Stock Margin Requirements.. Long Positions.. Margin Requirement.. Marginable:.. Only TSE, NYSE/Arca, NASDAQ, Amex, LSE, and TSE Japan stocks are marginable, all others are non-marginable.. 50%.. Eligible for Reduced Margin:.. Canadian stocks: IIROC s.. List of Securities Eligible for Reduced Margin.. 30%.. US stocks: Option Clearing Corp-listed option.. underlying stocks.. Non-Marginable:.. Stock price below 2 CAD.. 100%.. Stocks with Market Capitalization below 250 million USD.. Stocks traded on Venture exchange.. Other:.. Long and short positions same underlying stock with one leg cleared in the US and the other leg cleared in Canada.. 5% of Long StockValue.. Short Positions.. MAX of (Long Position Margin Requirement or 2.. 50$US/share).. Short sale proceeds are applied to cash and the short position is subtracted from Equity.. Accounts with equity below 2000 USD cannot use any margin.. Above margin requirements are intraday.. Traders wishing to hold positions overnight should also look at the.. Special Memorandum Account (SMA).. field and ensure it is at least 0$ ten minutes before the close of the regular trading session (usually 15:50pm ET).. In the calculation of the SMA, the maximum loan value is 50%.. For more detailed information on IB's calculation methodology and where to find margin requirement information in the TWS, see our.. IB may reduce the marginability of certain securities.. For more information, please refer to.. www.. , under.. Trading-Margin-Stocks.. Special Margin Stocks.. A minimum margin requirement of 2000 USD applies to an account with short positions.. Portfolio Margin is not currently available to IB Canada customers.. IB reserves the right to change its policies without notice.. php?f=marginCA&p=stk.. US SSFs.. Non-US SSFs.. The following calculations apply only to Reg T and Cash Accounts.. Combination Type.. Long or Short SSF.. 20% * SSF Market Value.. Same as initial margin.. SSF Spread.. Long and Short SSF with the same underlying.. (5% * long SSF market value) or (5% * short SSF market value), whichever is greater.. Protective SSF.. Long SSF, short stock.. Short stock margin requirement.. 5% * Stock Market Value.. Covered SSF.. Short SSF, long stock.. Long stock margin requirement.. 5%*Stock Market Value.. Protective Call or Put SSF.. Short SSF, long call or long SSF, long put.. 20% * SSF market value.. (10% * option strike price) + out of the money value or (20% * SSF market value), whichever is lower.. Covered Call or Put SSF.. Long SSF and short call or short SSF and short put.. In the money amount + 20% * SSF market value.. Proceeds from the short option are applied.. Collar SSF.. Short call, long SSF, long put.. Strike (call) > Strike (put).. In the money amount of call + 20% * SSF market value.. In the money amount of call + ((10%*Put Strike price) + out of the money amount of put) or (20% * call option strike price), whichever is lower.. Conversion SSF.. Short call, long put, long SSF.. Strike (call) = Strike (put).. In the money amount of call + (10%*call and put strike price).. Reverse Conversion SSF.. Long call, short put, short SSF.. Strike (call) = Strike (put).. In the money amount of put + 20% * SSF market value.. In the money amount of put + (10% * call and put strike price).. php?f=marginCA&p=ssf.. Non-US SSFs Margin Requirements.. Margin Requirements are determined by risk based portfolio analysis models specified by each exchange.. exchange site.. in question.. php?f=marginCA&p=ssf1.. According to the Security Volatility Program from the Investment Industry Regulatory Organization of Canada (IIROC), The following are the Margin requirements for each currency pair.. These rates are subject to change at any time by IIROC.. Leverage Rate.. Margin Requirement Percentage.. 33:1.. 00%.. 10:1.. 10.. CAD.. 55.. 55:1.. 80%.. USD.. Notes:.. Margin Requirement % = 1/Leverage Rate.. Rates effective July 4.. th.. php?f=marginCA&p=forex.. Bonds Margin Requirements.. Customers that these organizations classify as Pattern Day Traders are subject to special.. for US securities.. The following table shows bonds margin requirements for initial (at the time of trade), and maintenance (when holding positions).. NOTE:.. The following formulas make use of the function.. ).. Note also that Margin requirements quoted in US dollars may also be satisfied with a Non-US Dollar equivalent.. Bond Type.. Initial and Maintenance Margin requirements.. Government.. US T-bills.. 3% * Bills Market Value.. German T-bills.. Corporate.. Investment Grade.. 10% * Bond Market Value.. Listed Bonds and Other Marginable Bonds.. Maximum (20% * Bond Market Value, 7% * Bond Principal Amount).. Non-Marginable Bonds.. 100% * Bond Market Value.. php?f=marginCA&p=bonds.. Day Trading FAQs.. Examples.. Pattern Day Trading Margin Requirements.. Overview of Pattern Day Trading ("PDT") Rules.. FINRA and the NYSE have instituted regulations intended to limit the amount of trading that can be done in accounts with small amounts of capital, specifically accounts with less than 25,000 USD Net Liquidation Value.. Pattern Day Trading rules will not apply to.. accounts.. Day Trade.. : any trade pair wherein a position in a security (stock, single-stock future (SSF), bond or stock option) is increased ("opened") and thereafter decreased ("closed") within the same trading session.. Pattern Day Trader.. : someone who effects 4 or more Day Trades within a 5 business day period.. A trader who executes more than 4 day trades in this time is deemed to be exhibiting a pattern of day trading and is thereafter subject to the PDT restrictions.. In order to day trade, the account must have at least 25,000 USD in Net Liquidation Value, where.. Net Liquidation Value.. includes cash, stocks, options, and futures P+L.. The NYSE regulations state that if an account with less than 25,000 USD is flagged as a day trading account, the account must be frozen to prevent additional trades for a period of 90 days.. IB has created algorithms to prevent small accounts from being flagged as day trading accounts, to avoid triggering the 90 day freeze.. IB implements this by prohibiting the 4.. opening transaction within 5 days if the account has less than 25,000 USD in equity.. Adjustments to Previous Day's Equity and First Day Trading.. The previous day's equity is recorded at the close of the previous day (4:15 PM ET).. Previous day's equity must be at least 25,000 USD.. However, net deposits and withdrawals that brought the previous day's equity up to or greater than the required 25,000 USD after 4:15 PM ET on the previous trading day are handled as adjustments to the previous day's equity, so that on the next trading day, the customer is able to trade.. For example, suppose a new customer's deposit of 50,000 USD is received after the close of the trading day.. Even though his previous day's equity was 0 at the close of the previous day, we handle the previous day's late deposit as an adjustment, and this customer's previous day equity is adjusted to 50,000 USD and he is able to trade on the first trading day.. Without this adjustment, the customer's trades would be rejected on the first trading day based on the previous day's equity recorded at the close.. Special Cases.. Accounts that at one time had more than 25,000 USD, were identified as accounts with day trading activity, and thereafter the Net Liquidation Value in the account dropped below 25,000 USD, may find themselves subject to the 90 day trading restriction.. The restrictions can be lifted by increasing the equity in the account or following the release procedure located in the Day Trading FAQ section.. The proceeds of an option exercise or assignment will count towards day trading activity as if the underlying had been traded directly.. Deliveries from single stock futures or lapse of options are not considered part of a day trading activity.. Additional details relating to PDT regulations and IB s implementation of these rules can be found in the FAQ section.. Notes:.. Pattern Day Trading rules do not apply to IB Japan accounts.. php?f=marginCA&p=daytrade.. Day Trading Frequently Asked Questions.. What is a day trader?.. FINRA and the NYSE define a Pattern Day Trader (PDT) as one who effects four or more day trades (same day opening and closing of a given equity security ("stock") or equity option) within a five business day period.. Note that Futures contracts and Futures Options are not included in the SEC Day Trade rule.. What is the definition of a "Potential Pattern Day Trader"?.. A potential pattern day trader error message means that an account has less than the SEC required $25,000 minimum Net Liquidation Value AND the number of available day trades (3) has already been used within the last five days.. The IB system is programmed to prohibit any further trades to be initiated in the account, regardless of the intent to day trade that position or not.. The IB system is programmed to protect the accounts with less than $25,000 so the account would not potentially be flagged as a day trading account.. If an account receives the error message potential pattern day trader , there is no PDT flag to remove.. The account holder will need to wait for the five-day period to end before any new positions can be initiated in the account.. What happens if an account with less than $25,000 is flagged as a day trading account? Or, if the account is flagged as a PDT account, and the value subsequently falls below the SEC required $25,000 minimum (intraday included)?.. The customer has the following options:.. A.. Deposit funds to bring the account s equity up to the SEC required minimum of $25,000.. B.. Wait the required 90 day period before any new positions can be initiated.. Request a PDT account reset.. If the intraday situation occurs, the customer will immediately be prohibited from initiating any new positions.. Customers should be able to close any existing positions in his account, but will not be allowed to initiate any new positions.. The customer will have the same options listed above, however, if at any time the Net Liquidation Value figure goes back above the threshold amount ($25,000), then the account will once again have unlimited day trades available.. What is a PDT account reset?.. FINRA has provided brokerage firms the ability to remove the PDT flag from a customer s account once every 180 days.. If an account was erroneously flagged, and the customer s intent is not to day trade in his/her account, IB has the ability to remove this flag.. Once the PDT flag is removed, the customer will then be allowed three day trades every five business days.. If an account gets re-flagged as a PDT account within 180 days after the reset, the customer then has the following options:.. Wait the required 90 day period before any new positions can be initiated.. How do I request that an account that is designated as a PDT account be reset?.. FINRA and the NYSE define a Pattern Day Trader (PDT) as one who effects 4 or more day trades (same day purchase and sale of a given equity security ("stock") or equity option) within a five-day period, and NYSE and FINRA rules place certain restrictions on those who are deemed to be pattern day traders.. If an Interactive Brokers ("IB") account effects three (3) day trades involving stocks or equity options within any five (5) day period, IB will require that such account satisfy the minimum Net Liquidation Value requirement of $25,000 before IB will accept the next order to purchase or sell a stock or equity option.. Once the account has effected a fourth day trade (in such 5 day period), IB will deem the account to be a PDT account.. Pattern Day Trading regulations allow a broker to remove the PDT designation if the client acknowledges that she/he does not intend to engage in day trading strategies, and requests that the PDT designation be removed.. If you wish to have the PDT designation for your account removed, provide IB with the following information in a letter using the Customer Service Message Center in Account Management:.. Provide the following acknowledgements:.. I do not intend to engage in a day trading strategy in my IB account.. I hereby request that IB no longer designate my account as a "Pattern Day Trading" account under NYSE and FINRA rules.. I understand that if, following this acknowledgement I engage in Pattern Day Trading, my account will be designated as a "Pattern Day Trading" account, and IB will apply all applicable PDT rules to my account.. Log into Account Management, then click the Message Center icon in the upper left corner of the Account Management menu pane.. Create a ticket in the Message Center, then paste the aforementioned acknowledgements, your account number, your name, and the statement I agree into the ticket form.. Submit the ticket to Customer Service.. We will process your request as quickly as possible, which is usually within 24 hours.. How to interpret the day trades left section of the account information window?.. For example, if the window reads (0,0,1,2,3), here is how to interpret this information:.. If today was Wednesday, the first number within the parenthesis, 0, means that 0-day trades are available on Wednesday.. The 2.. nd.. number in the parenthesis, 0, means that no day trades are available on Thursday.. The 3.. rd.. number within the parenthesis, 1, means that on Friday 1-day trade is available.. The 4.. number within the parenthesis, 2, means that on Monday, if 1-day trade was not used on Friday, and then on Monday, the account would have 2-day trades available.. The 5.. number within the parenthesis, 3, means that if no day trades were used on either Friday or Monday, then on Tuesday, the account would have 3-day trades available.. php?f=marginCA&p=daytrade1.. Examples of Day Trades.. On Monday, 1000 shares of XYZ stock are purchased.. Later on that same day, 1000 shares of XYZ stock are sold.. This is considered to be a day trade.. On Wednesday, 1000 shares of XYZ stock are purchased.. Later on that same day, 500 shares of XYZ stock are sold.. On Monday, 500 shares of XYZ stock are purchased.. Later on that same day, another 500 shares of XYZ are purchased.. In after hours trading on Monday, 1000 shares of XYZ are sold.. This is considered to be 1-day trade.. On Tuesday, another 500 shares of XYZ stock are purchased.. Later on Tuesday, 500 shares of XYZ stock are sold.. On Thursday, 500 shares of XYZ stock are purchased in pre-market.. In after hours trading on Thursday, 200 shares of XYZ stock are sold.. On Monday, customer sells short 10 YXX September 2005 90 calls and simultaneously buys 10 YXX December 2005 95 calls (combination order type).. Later on Monday, customer buys back 5 YXX September 2005 90 calls and sells 5 YXX December 2005 95 calls for a profit.. This is considered to be 2 day trades (one day trade for each leg of the spread).. On Thursday, customer buys 500 shares of YXZ stock.. Later on Thursday, customer sells 1500 shares of YXZ stock (reversal creates new short position).. On Friday, customer purchases 1000 shares of YXZ stock.. This would be considered to be 1-day trade.. Non-Day Trade Examples:.. On Wednesday, 1000 shares of XYZ stock are sold.. None of these are considered to be day trades.. On Thursday, customer buys 500 shares of YZZ stock.. On Friday, customer sells 500 shares of YZZ stock.. Later on Friday, customer buys 500 shares of YZZ stock.. This is not considered to be a day trade.. On Friday, 1000 shares of XYZ stock are purchased.. On the following Monday, 1000 shares of XYZ stock is sold.. php?f=marginCA&p=daytrade2..

    Original link path: /en/p.php?f=marginCA&ib_entity=ca
    Open archive

  • Title: Information for Individuals and Friends & Family Advisor
    Descriptive info: Information for Individuals and Friends Family Advisor.. Individuals and Friends Family Advisor.. Interactive Brokers Canada offers the following account types:.. Individual, which includes the following sub-types:.. Individual.. Joint (two parties only).. Trust:.. Informal Trust (same as individual application for IB Canada).. Formal Trust (start individual application, then select Trust).. Advisor, which includes the following sub-types:.. Friends Family.. For individuals benefiting from a power of attorney or trading authorization and wishing to trade multiple accounts from a single interface for friends and family members.. Non-registered individuals may manage a maximum of 5 sub-accounts for friends and family only.. Corporations may not open sub-accounts.. To open an account click on the.. Start a Friends Family Application.. button below.. Professional Advisor.. For professionals duly registered with the relevant securities commissions wishing to manage an  ...   or send us a question.. IB does not currently offer RRSP, RRIF, RESP or TFSA accounts.. Single Account.. Friends Family Advisor Account.. a.. Click on the bar(s) below or use the Expand All/Contract All links below for more information.. Expand All Info.. Contract All Info.. Commissions Fees.. News, Analysis and Market Data Subscriptions.. Interest Financing.. Trading Products.. Product Highlights.. Order Types and Routing.. Account Information.. Account Highlights.. Account Configuration.. Software.. Trader Workstation (TWS) Highlights.. Trading Technology Highlights.. Partner Programs.. Interactive Tours.. Options and Futures Intelligence Report.. Education Partners.. Bulletin Boards and Chats.. The Company.. Why IB.. Help Contacts.. Customer Service.. Mailing Info.. For information regarding your account, contact Interactive Brokers by.. clicking here.. For information on SIPC coverage on your account, visit.. sipc.. org.. or call SIPC at 1 (202) 371-8300..

    Original link path: /en/accounts/individuals/individualMain.php?ib_entity=ca
    Open archive

  • Title: Closing An Account
    Descriptive info: Closing An Account.. Individual Account.. IBIS.. Information and Market Data.. ADR Conversions.. Delivery, Exercise & Actions.. Account Protection.. Suggestion Box.. Borrow and Lend.. Upgrade to Portfolio Margin.. Trader Workstation Previous.. Individual, Joint, IRA and Trust.. Friends and Family Group.. Small Business.. Professional Advisor.. Money Manager.. Registered Brokers & FCMs.. Proprietary Trading Groups.. Hedge & Mutual Funds.. Compliance Officers.. Complete the following steps to close your account at IB.. Note that for USD-based accounts, IB will initiate an ACH transfer based on an ACH bank instruction you have on file.. If you have more than one ACH bank instruction on file, you will have the opportunity to select one.. If you do not have any ACH bank instructions, IB will issue a check to your U.. mailing address on file.. For all non-USD based accounts, IB will issue a wire based on the banking instruction on file.. Step 1.. Liquidate or Transfer Positions.. Accounts with positions cannot be closed.. You must either liquidate, or transfer all positions to another brokerage firm.. Please contact your broker for transfer instructions.. To check your positions, log into.. Account Management.. and in the Report Management menu, click.. Activity.. Elect to View Statements to verify that all positions have been liquidated or transferred.. Step 2.. Convert Foreign Currencies.. Closing withdrawals may only be made in your base currency.. You must convert any foreign currency you may hold back to your account's base currency.. The conversion can be processed using the Trader Workstation FXTrader.. If you need assistance with the conversion process please contact our Trade Desk.. Step 3.. Verify Bank Wire Instructions.. To create or change banking instructions, Log in to.. , open the Funds Management menu and click.. Cash Transfers.. Select.. Withdraw Cash.. as the transaction, then.. Wire.. as the method.. To create a new instruction, select.. Add New Instruction.. and fill in the necessary fields.. To modify an existing instruction, select an existing wire instruction and click the.. Edit Instructions.. button at the bottom of the page.. Step 4.. Cancel Market Data.. Subscriptions.. You need to cancel your market data subscriptions when you close your account.. To cancel subscriptions, log in to.. ,  ...   statements and tax forms, log in to.. and open the Report Management menu.. Click an entry to view your.. Activity Statements.. or.. This information will only be available for a limited time after your account is closed.. You will need to save your username and password for future access to statements.. Step 9.. Close Account.. After all of the above has been completed, log in to.. Account Management,.. open the Account Administration menu and click.. For USD-based accounts only, IB will initiate an ACH transfer if you have an existing ACH bank instruction.. If you have more than one ACH bank instruction, select the ACH bank instruction you wish to use from the drop-down list on the.. Close Account.. For USD-based accounts only, if you do not have an existing ACH bank instruction, you can either create one in Account Management on the.. Cash Transfers.. page (in the Funds Management menu), or IB will issue a check to your U.. In the latter case, confirm that IB has your correct U.. mailing address by checking the address displayed on the.. To make changes,open the.. page in the Account Administration menu, then click.. Modify.. Specify the reason you are closing your account by clicking the appropriate check boxes.. Click the.. Submit.. button to submit your request.. Your account will be held open for three months after you receive your closing withdrawal to collect any possible future fees, dividends, interest, or corporate actions.. After that time, your account will be closed permanently.. Check back to see if any balance has been created on future statements, and check the.. page to view the status of your request to close your account.. Please note that if the above criteria are not met our system will not be able to process your account closure request.. Inactivity fees will continue to be deducted from an account until the above steps are completed, including the return of any Secure Login System device.. Also note that funds held to secure the return of the security device may not be withdrawn until the device has been returned, and will be applied to meet any inactivity or market data fees..

    Original link path: /en/accounts/closingAccount.php?ib_entity=ca
    Open archive

  • Title: About Interactive Brokers Canada Inc.
    Descriptive info: About Interactive Brokers Canada Inc.. Who we are:.. Established in December 2000, Interactive Brokers Canada Inc.. ("IB Canada") is a member of the Interactive Brokers Group, a leading global electronic brokerage group.. Like its U.. affiliate, Interactive Brokers LLC, IB Canada provides its customers with direct, high-speed access to trade markets around the world.. The Interactive Brokers execution network processes nearly 1,000,000 trades per day.. IB Canada customers benefit from seamless connections to more than 100 equity and derivatives exchanges and a growing number of Electronic  ...   McGill College Avenue, Suite 2106,.. Montreal, Quebec, H3A 3J6.. Canada.. or at.. 1 (877) 745-4222.. (Phone).. (514) 287 0152.. (Fax).. IB Canada is a member of the.. (CIPF).. Click.. to view the financials of Interactive Brokers Canada Inc.. to view a list of IB Canada Officers and Directors.. to view a list of Officers Directors of our Canadian affiliate.. For a list of exchange and clearing house memberships held by Interactive Brokers and affiliated companies of the Interactive Brokers Group,.. For information on the Interactive Brokers Group,..

    Original link path: /en/general/about/aboutCA.php?ib_entity=ca
    Open archive

  • Title: News at IB
    Descriptive info: Web Announcements.. Current Announcements.. Web Page.. Date Posted.. Account Management / Trading Configuration.. May 18, 2011.. To start trading these products, log into.. and select.. Hong Kong.. futures (both HKFE and HKMEX futures are included), and sign up for the.. Hong Kong Mercantile Exchange.. market data subscription.. Proposals of Thomas Peterffy to the Senate Subcommittee on Securities, Insurance, AND investment and The Senate Permanent Subcommittee on Investigations.. Comment Letters.. December 8, 2010.. php?f=news&p=news..

    Original link path: /en/p.php?f=news&ib_entity=ca
    Open archive

  • Archived pages: 61