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IB might not be the best example, as they also restricted GME option trading to liquidation only.
by Denvercoder9 4y ago
IB might not be the best example, as they also restricted GME option trading to liquidation only.
- dragontamer 4y ago> option trading Options are extremely different than the underlying stock. Options is everything we discussed except with way less volume and way more margin requirements. It doesn't seem like IB restricted GME-stock, only options-on-GME-stock, which is a very, very different instrument. ------ That being said, if I were a paying customer to IB and was hoping for good options-trades during that time, I guess I would have been pissed off. Still though, its a far more understandable issue to have a derivative-trade fall through rather than the underlying stock-trade fall through.
- Denvercoder9 4y agoYes, but the end result was still the same: customers couldn't trade what they wanted to, because the broker couldn't or didn't satisfy their collateral requirements.
- MrMan 4y agoI think many brokers had these restrictions, so what is the point of this discussion