Is anyone being affected by this change? Of course, it is only applicable to the US. I am very welcoming of it and it is about time they made this change. The $25,00 limit for restriction was quite the barrier to entry and as long as you aren’t trading with leverage, it didn’t even really protect anyone. What are your thoughts?
I’m really looking forward to Interactive Brokers making these changes. But as far as I understand, this won’t happen before the beginning of summer.
I think it is something like 45 days once the decision was made, is when it will go into effect.
Good to know. As far as I recall, the rule was marginally irrelevant (no pun intended) if you trade options w/ a Cash Acct btw, since they have 1d settlements
I suppose in that case it wouldn’t matter much. I personally don’t touch options.