I would not recommend Interactive Brokers. They will change the margin rules, forcing liquidations to generate extra commissions. Here is my post:
Has anyone else noticed a 400% increase in margin rates with Interactive Brokers lately? I trade short options on Treasury Bonds and Notes...
Has anyone else noticed a 400% increase in margin rates with Interactive Brokers lately? I trade short options on Treasury Bonds and Notes (STRANGLES) on ZN & ZB.
Last week 7-15-2008 IB sent out bulletins saying that they would have gradual daily increases in margin rates to more...