The Traderszone Network

Published in TZ Latest News 13 November, 2017 by The TZ Newswire Staff

Anybody got IB Daily Exposure Fee for Crude?

My system happened to be shorting two contracts of crude oil last week. Over the weekend, I receive an email threatening to charge $0.59 per contract per day if I don’t liquidate those positions in 4 days. The emails says that my worst exposure is $102,906, which in my case is for two contracts of crude oil. So I suppose IB thinks crude can rise from $57 to $108 over some weekend.

The email says “Exposure will be calculated for accounts based upon open positions at the end of business…

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