Does interactive brokers pays any interest for those uninvested balance in the account?

Curious to know, what happen if you sell a put options but don't have the money to fulfill the options when it hit the strike price? Banker/Broker will knock on your door and demand you to fulfill it? or there's a Penalty for doing so. Or you can't sell a put options if you don't have the money beforehand,

Any advice/guide/tips for running options for new player?
I'm looking at PLTR Sells options at $10, Then i realized that if you count premium/day, 3rd weeks usually higher offer premium/day.
Date          /Ask / Days / Per Day
29-Apr /0.04 / 5 / 0.008000
06-May /0.11 / 12 / 0.009167
13-May /0.30 / 19 / 0.015789
20-May /0.38 / 26 / 0.014615
27-May /0.44 / 33 / 0.013333
  
Then for $10.5/
  
29-Apr / 0.09 /5 / 0.018000
06-May / 0.18 /12 / 0.015000
13-May / 0.46 /19 / 0.024211
20-May / 0.54 /26 / 0.020769
27-May / 0.56 /33 / 0.016970

it exists, however, those arbitrage trades are discovered and traded by players with direct computer access before you can even look at it . hence the rich will always get richer

When you buy to close an option you got this calculator, can anyone explain what's Equity w/loans shown in the screenshot

Someone PMed me and asked how to transfer from IBKR UK to IBKR US.

Unfortunately, it is determined that interactive Brokers will not be building the required infrastructure to support account linkages for Family (FAM) accounts at this time.

All FAM sub accounts must be created under the FAM master, no link will be allowed in any other manner at this time.

Please open a new account under your FA master, and then proceed with an internal transfer between the two.

Please note that family accounts in the EU / UK allow to manage only accounts opened for family members.

Please see who can be owners of these accounts below:
- Immediate family: spouse, parents, children, siblings
- Trusts, Investment Vehicles, and similar structures where the Master holder is named as Trustee or Beneficiary and/or the beneficiaries are at least 80% family members
-accounts for friends cannot be opened under this structure.

Master account is used for managing trading sub-accounts. Therefore, if you want to trade on own funds you will need to open an individual trading account under the master account. Let me add that as the master account is not used for trading, it should be funded only if you are going to use market data

You will need to start a new account opening for the Family account setup.

To start an application please click on the link below:
https://www.interactivebrokers.ie/Universal/Application

From your Master Family account you can send an invitation to other family members including yourself to open individual trading accounts under the master one. Unfortunately, there is no possibility to link the existing trading account to the Master Family account.
To send an invitation, please follow the steps below:

1. Log into the Advisor Portal
2. From the Home page, click the Contacts tab
3. Click on the “i” icon for a prospect, then locate the icons above the search
4. Click the Send Application Invite (sheet of paper) icon next to the Email Contact icon
5. Alternatively, you can go back to the Dashboard tab on the Home page and click "New Client Application" in the top right.

Once the new trading account is open you will be able to make a manual transfer between the new account and the original one free of charge.

You can request a manual transfer of assets via a web ticket in Client Portal. Within the web ticket you should specify the old and the new account numbers and mention "Full manual account transfer" in the ticket summary.

Please note that the manual transfer is not guaranteed and the process may take several weeks to complete. Once the request is submitted, the relevant team will contact you to help with the next steps and proceed the transfer.

If one were to sell puts (be it in IBKR or other brokerages) and their cash is in auto-sweep account which earns interest, will the brokerages stop paying interest on the 'cash set aside in case our puts are called'?

But my options for 2 of the contracts same, just due to the interface that I'm not familiar, ended up I do 1 contract and then another one immediately after that

I see the SGOV div is 4.58. But we also have witholding tax right?

You are receiving this notice as your IBKR account F******** is eligible to receive an upgraded Secure Login Device. This device, referred to as the Digital Security Card+ (DSC+), provides a higher level of security compared to your current device by utilizing a PIN code entry and enhanced challenge/response passcode generation. No security measures are impenetrable, but two-factor authentication provides a meaningful degree of enhanced protection.

Yes. Can. I link my DBS my account to IBKR for USD deposit frok my USD cashback from shopping.I can send USD straight into IBKR without need to convert anymore.

I don't have HSBC.

It's nearing the end of January 2024, I still don't see IBKR refund my 30% WHT deducted out of my BIL holdings.

Can anyone confirm the exact date of WHT refund for last year/previous years?

Thanks.

It's nearing the end of January 2024, I still don't see IBKR refund my 30% WHT deducted out of my BIL holdings.

Can anyone confirm the exact date of WHT refund for last year/previous years?

Thanks.

Uhmm, nothing leh

Err wait. You are referring to Annual statement for 2023 right?

Nothing shows up for me over there. All -ve numbers.

Can other BIL holders confirm this? Thanks.

In your case you can clearly see the refund is backdated to 2023 even though the statement date is YTD 2024.

But in my case the earliest entry under WHT section is 2nd Jan 2024... No backdated entries observed...

SGOV and BIL have the same underlying assets lah... They should be structured similarly as well. The ETF is just a wrapper for the underlying 1-3 month US T-bills.

I will be checking daily and see when the money comes in...

Better pray IBKR's tax guys are efficient... the opportunity costs of reinvestment from those T-bills/notes/bonds discounts/coupons are high given the high interest rate environment...

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恭喜发财 to everyone! First day of the Dragon year.