For DAX futures, IB quotes an initial margin of about 18,000 USD. However, when I tried to buy DAX today, the margin was double that, for a position size of 1. What’s up with that? It’s not the first time I see this, and IB’s margin calculations are are too complicated to explain, are infuriating, and make position sizing a shot in the dark.
Published in TZ Latest News 3 November, 2017 by The TZ Newswire Staff
Insane margin on DAX
Published in TZ Latest News 3 November, 2017 by The TZ Newswire Staff
Insane margin on DAX
For DAX futures, IB quotes an initial margin of about 18,000 USD. However, when I tried to buy DAX today, the margin was double that, for a position size of 1. What’s up with that? It’s not the first time I see this, and IB’s margin calculations are are too complicated to explain, are infuriating, and make position sizing a shot in the dark.