Checked just now. everything is fine. Can log into Client Portal.

how ibkr will know the transfer is initiate from u since we cannot put remark in the bigpay transfer?

Not even bigpay name, our name also will not appear
this i already verify with bigpay
when ibkr receive the fund transfer from bigpay, the name is tranglo

There's 3 different type of margins, Initial Margin (IM), Maintenance Margin (MM) and RegT Margin (RegT).

Opening any position requires a certain amount of IM and MM. For most US stocks, it's 25% (buying 10k stocks will require 2.5k IM & MM)
100k worth of stock = 25k IM MM.  200k worth of stock = 50k IM MM.
Available funds is ELV - IM. Available funds can be thought of how much remaining IM you're allowed to use before not being allowed to open another position.
Buying Power (BP) is just a fancy number calculated by Available Funds * 4 (ie a quick and easy way to know how big of a position you're allowed to open)

Example, For someone with 25k ELV and no positions, your available funds is 25k, that's why your buying power will display 100k (25k*4).
The reason why you're not allowed to buy 200k worth of stock is because that requires 50k of IM, which is more than your current ELV of 25k. Pretty much why I ignore looking at BP because it's just a secondary calculation of your available funds, which itself is a secondary calculation of IM.

Overnight positions (for stocks, ignore futures) have the same IM MM requirements, 25%.
Only difference is that for normal margin accounts, you're regulated by RegT rules. RegT states that all stocks may only be margined by 50% instead. This is where your RegT margin comes in.
However, RegT margin requirements are only checked once a day at market close. Which means that for any overnight positions, they'll be checked for RegT margin requirements.
That's why normally people say that you can only have half the amount of stock for overnight positions. Not because different requirements, but because there's an extra layer of margin requirement for you to obey. Once you upgrade to PM, this RegT rule will be removed, and you can just maintain the same amount for both intraday and overnight positions.

As someone that majored in derivatives, I hate how people simplify wheeling into such rigid rules and thinking it's easy money because it's not, and there are massive tradeoffs for having so much of theta decay. Won't get into it unless you're interested, but basically very low theta decay is not a problem, it's a feature. The real problem is that rolling any ITM options becomes really costly for you simply because of the bid/ask spread.
For the situation you mentioned (rolling the ITM put), I would recommend you to instead take assignment and sell calls. Due to put call parity, this is exactly the same thing but OTM calls have much tighter spreads, especially if they are near the money.

Example, I've got XYZ $100 Put, getting assigned cuz XYZ is $95 now.
Plan A: You want to roll to XYZ $100 Put for next month instead.
Plan B: Take assignment on XYZ, and immediately sell XYZ $100 Call for next month.
Both Plan A and B is synthetically the same thing, and there's no difference in doing either theoretically, but irl Plan B will be my choice because of the tighter bid/ask

Edit: I can provide you a basic excel worksheet I used in the past to find out how leveraged you can get, and how big of a drawdown till you get to RegT > ELV

Don't bother moving to Ibkr sg. Stick with Ibkr UK. You don't need Ibkr sg to have portfolio margin. As mentioned I am with Ibkr UK and I am on portfolio margin.

Yup that's true. As long as no assignment, no interest will be charged.

Same here. I can't wat for recession to pick things up in bargain. The last month sell off was quite tempting. Some things were on bargain.
Don't be scared of recession. Fortuns made in a down market 8f you are brave to buy. I have been buying every dip when everyone was so fearful and it work out well.

If I wait to buy in green market, my reurns is lower.

Just want to confirm.

I transfer all funds as USD into IBKR.

But if I want to purchase Singapore stocks. I will need to exchange some funds to SGD in IBKR before proceeding right?

O, good to know but I only use cash account.

Margin probably until I am more confident first haha.

Of course. Why should I not fund it? Things are on discount now. Miscotsoft hits 250 5his week alone.Nvidia dips to 15x range.

I am buying when I see deals regardles of how is the USD. Better for me to hold USD Vs RM anytime. Dont bother about currency if your goal is at least 10 years.
It have been proven with SGD Vs USD. What more RM Vs USD.

Never knew that there is a preset settings for share size. All these while I just key in manually. 😅

Hello,

You are not missing anything. For IBKR, SGX products/securities "fixed pricing" is always cheaper than "tiered". For HKEX, US exchanges, European exchanges and other cases, it's tiered that's cheaper even after factoring exchange fees.

This is because SGX the minimum commissions charged is the same for both fixed and tiered, but for tiered, you need to pay extra exchange/regulatory fees whereas fixed "assumes" all-in.

So, SGX commissions are the "opposite" of all others. Of course, you can switch back and forth between fixed and tiered (each switch will cost you 2 days since it takes 24 hours for the change to come into effect) if you want to minimze cost absolutely.

From my experience, "tiered" pricing is around 0.2-0.3 SGD more expensive than "fixed" pricing for transcations of around 400 SGD (e.g. 2 SGD per share, circa. 200 units).

Hope that helps.