In light of the recent geopolitical tensions associated with Russia and to address any associated increased volatility, Interactive Brokers will be implementing an increase in the margin requirements for Russian equity products (stocks, ETFs and/or equity options).
Updated Margins
Trading accounts holding Russian products should expect long and short maintenance margin to be increased to the following levels:
| Affected Products | Long Maintenance Margin | Short Maintenance Margin |
|---|---|---|
| Russian ETFs/ETPs | 25% | 25% |
| Russian Stocks | 25% | 50% |
Timeline of Change
The increase will be phased in over a series of daily increments in the period starting from the New York close on February 24. The new temporary margin levels will be maintained until February 28.
Recommended Actions
We strongly recommend that accounts with exposure to mentioned Russian securities to take the necessary steps to ensure margin compliance throughout the implementation schedule. Accounts that are not margin compliant are subject to immediate and automated liquidation by Interactive Brokers.
1Euro Pacific Trader is offered by Euro Pacific Securities Inc. (“Euro Pacific Securities”), as an Introducing Broker to Interactive Brokers LLC. Interactive Brokers LLC is the custodian, technology provider, and clearing broker to all transactions executed through Euro Pacific Trader and thus the rates, conditions, and examples shown on this site may be subject to change and differ from what is displayed on Euro Pacific Trader. The rates, conditions, and examples on this site are provided on a best-efforts basis and should not be taken as final.
Euro Pacific Securities will not be held responsible for pricing and conditional discrepancies that may arise in the normal course of offering Euro Pacific Trader. Customers should always review and rely on the conditions that are shown directly on Euro Pacific Trader, and it is the responsibility of all customers to carefully review the conditions of every action before approving execution on Euro Pacific Trader.
Interactive Brokers LLC is a registered Broker-Dealer, Futures Commission Merchant and Forex Dealer Member, regulated by the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA), and is a member of the Financial Industry Regulatory Authority (FINRA) and several other self-regulatory organizations. Interactive Brokers LLC does not endorse or recommend any introducing brokers, third-party financial advisors or hedge funds, including Euro Pacific Securities. Interactive Brokers LLC provides execution and clearing services to customers. None of the information contained herein constitutes a recommendation, offer, or solicitation of an offer by Interactive Brokers LLC to buy, sell or hold any security, financial product or instrument or to engage in any specific investment strategy. Interactive Brokers LLC makes no representation, and assumes no liability to the accuracy or completeness of the information provided on this website.
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