What does "Default" margin mean on the Contract Details page?

When the Initial or Maintenance margin requirement on the Contract Details page says "Default", that means that the contact is marginable and IBKR will loan funds against that security. To find the current margin requirement. please use the Check Margin Impact feature as IBKR margins can change at any time without notice.

For more information on using the Check Margin Impact feature, please visit the Interactive Brokers Knowledge Base.

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