A Commodities Margin Deficit notice will be sent when an account's commodities segment has a statutory margin requirement deficit for the day. Clients will want to check their Commodities Regulatory Margin Report in Client Portal in order to see whether or not they are currently in deficit. To bring up a Commodities Regulatory Margin Report, login to Client Portal and select Performance & Reports followed by Other Reports under Reports. From the Report Type drop down menu, choose Risk followed by Margin. In the Sub Type drop down menu, select Commodities Regulatory Margin Report. Select the remaining desired parameters and click Run Report. When the report opens, click on the section header titled "Margin Call".
Please be aware that Commodities margin calls are not determined using positions and prices collected at a common point in time, but rather from the official "Final" close prices from each individual exchange. As an example, a client trading futures listed on each of the Hong Kong, EUREX and CME exchanges could have a margin requirement calculated based upon information collected at 04:30 EST for Asia, 12:30 EST for Europe and 16:15 EST for North America. If you receive a Commodities Day 1 margin call, IBKR will check for Available Funds the next day at 16:15 EST after those respective reporting periods. If the account has enough funds at that time, then the excess funds are swept into the Commodities segment at 17:15 EST and the Commodities Day 1 margin call is satisfied. If there are not enough Available Funds at the end of the day, then a Day 2 Commodities margin call will be issued. If the account does not have sufficient funds to satisfy the Day 2 Commodities margin call, then IBKR can restrict new orders and can start liquidating positions on Day 3 to satisfy the statutory margin requirement.
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