Personal Finance & Money Asked by VHanded on February 13, 2021
I am curious about how Interactive Brokers calculates Current Maintenance Margin and Current Initial Margin. Why do both have the same value?
I have an all-stock account.
The reason that I asked about the $25k is that a Pattern Day Trader is allowed 25% margin intraday but must revert to 50% by the EOD for overnight margin.
Margin maintenance is also 25%. For some reason, Interactive Brokers displays both Current Maintenance Margin and Current Initial Margin at 25%. AFAIC, they should display the 50% overnight margin amount.
Answered by Bob Baerker on February 13, 2021
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