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From what I can tell, IB seems to have initially blocked just trading on margin. Which makes sense, given the extreme volatility of the collateral. But then sh
by dcolkitt 6y ago
From what I can tell, IB seems to have initially blocked just trading on margin. Which makes sense, given the extreme volatility of the collateral.
But then shortly later, they set to liquidation only. I’d guesstimate that 80%+ of IBs customer base trades with leverage. So, I’d bet that their internal systems had no reliable to block margin trading, but allow unleveraged positions