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Steve2

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Joined: 10/11/2012
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Subject : RE: Questions Regarding GXT Transition to Gar Wood
Posted : 9/2/2016 10:25 PM
Post #36384 - In reply to #36383

Hi Steve,

Thanks for bringing this up. I should have mentioned the bug in Delay Opening Orders that will need to be fixed before this will work. I'm currently just using margin accounts and submitting orders at market open works because IB just enforces maintenance margin at that point which gives you 4X buying power so execution order doesn't matter unless you are opening a bunch of leveraged ETFs or short positions.

For IRA Margin accounts, does IB accept all orders if submitted at or after market open? If so, will they cancel an opening order if the execution sequence doesn't free enough equity to keep you from "borrowing" for a second or two?

Steve

[Edited by Steve2 on 9/2/2016 10:26 PM]

Deleting message 36384 : RE: Questions Regarding GXT Transition to Gar Wood


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