Saturday, October 12, 2013

Update on Interactive Brokers

E-mail from IB this morning telling us Australian investors who have margin loans with them that we have to close out our margin loans by 11th November. This follows the previous e-mail saying that we couldn't open any new positions until we paid off the loan. So, I will be transferring money to the US to pay off the loan. I plan to use Ozforex for this. They do say that they hope to be able to offer margin loans to Australian customers again with 6 months.

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