What is the calculation used for interest?
MEXEM uses 4 steps to calculate the daily interest payable or receivable on cash balances.
Interest is calculated on the end of day Settled Cash Balance. If you sell a stock short and close the short in the same trading session, borrow fees would not be applied as both the opening sale and closing purchase would settle on the same day.
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What is the calculation used for interest?
MEXEM uses 4 steps to calculate the daily interest payable or receivable on cash balances. Interest is calculated at the end of day Settled Cash Balance. If you short a stock (sell a stock without owning it) and close the short in the same trading ...
Why am I paying interest?
Interest can be charged on accounts for several reasons, but it is most frequently charged when funds are borrowed from IBKR. This is generally associated with carrying a debit settled cash balance. However, customers should also note that carrying a ...
Why am I paying interest?
Interest can be charged on accounts for several reasons, but it is most frequently charged when funds are borrowed from IBKR. This is generally associated with carrying a debit settled cash balance. However, customers should also note that carrying a ...
What Time Zone is used when trade times are posted on Collective2?
All times on the site are Eastern U.S. time (the time zone New York City is in). Eastern U.S. = GMT - 4 (or 5) hours.
Are trailing stops supported?
We don't currently support "native" trailing stops at Collective2, and due to the processing resources required, we don't have imminent plans to do so in the near future. However, if you are interested in using trailing stops for a strategy that you ...