The Z8 Assets file uses Assets with a Leverage value of 4. Now by googling I found conflicting information about the actual leverage/buying power that IB offers for a RegT Margin account.
It seems like its not 4:1 but rater 2:1 for overnight positions. At least this seems to be the case in the US but im not sure.
Has anyone experience with this? What is the situation in Europe? Is it different for a Portfolio Margin Account?
Can I simply trade Z8 as is or do I have to change the values in the Assets list to reflect the correct Leverage?
Re: Z8 Questions: need for IB account
[Re: trenki2]
#464171 01/26/1715:2001/26/1715:20
It is also 4:1 in the US, as to my knowledge, but due to additional requirements, such as the special memorandum account, it can indeed be smaller under some complex circumstances.
Re: Z8 Questions: need for IB account
[Re: jcl]
#464978 03/21/1723:4103/21/1723:41
That is the weekend gap. You will get this message when you start a system before market close on Monday. The last 3 days are then naturally not considered for the calculation, but this is nothing to worry about with Z8.