Friend of mine with fairly large acct that often shorts OTM long and short term options received notification today from IB of a daily exposure fee based on certain magnitude of “Exposure Analysis”. I find it kind of odd given the reputation of IB and their risk controls. Maybe this is just a new way of controlling risk but why not just increase margin requirement to prevent blow ups on certain positions?
Pure speculation on my part but did they uncover a turd behind the scenes? Are…