Daymargin and Overnight CME:EuroFX

Discussion in 'Financial Futures' started by tribadism01, Jan 11, 2004.

  1. tribadism01

    tribadism01

    Daymargin and Overnight CME:EuroFX


    If I have in my account $1400 and with my broker i have like daymargin $1300 (for 1 lot EuroFX), I can remain overnight? or they apply a margin call to me?

    Therefore would close me the position?

    Thanks
     
    #1     Jan 11, 2004
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  2. staq

    staq

    I believe you would have a margin call and your position closed out. Interactive Brokers intraday initial is $1249usd, overnight initial is $2494.

    I would be carefull carrying over a position overnight because each tick is $12.50, with an account size of $1400.

    STAQ
     
    #2     Jan 11, 2004
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