To preview the margin impact of closing a position in Trader Workstation (TWS) or Mosaic, follow these steps:
- Right-click on any data line with a position in your TWS/Mosaic interface.
- Navigate to "Contract Info" in the context menu that appears.
- Left-click on "Show Margin Impact" within the Contract Info submenu.
- A pop-up window will open, displaying the impact on your margin requirements. The message will read: "Closing out this position would have the following impact on your margin requirements."
- In the pop-up window, focus on the "Change" column, particularly on the Initial Margin line. This will show you the specific impact on your margin requirements.
Understanding the "Change" column:
- A positive number indicates an increase in margin requirements.
- A negative number indicates a decrease in margin requirements.
This feature is particularly useful as it helps you understand how closing a position will affect your account's margin balance before you take any action. It allows you to make more informed decisions about managing your positions and margin requirements.
Additional Information