Interactive Brokers - lost 3.4%, dont' repeat my mistake!

Investing / Brokers
42

I have a decent sized account with Portfolio Margin. I use leverage and have used Margin on several occasion. I have never been charged anything under “other”, let alone 1’800 Dollars. I would definitely be worried about that.
You should probably contact the support team to find out if you can’t find out yourself through the various reports.

Keep us posted please!

43

@Mr.Money

Thanks for the reply - I did contact the customer service team, underneath is their answer.
Feeling relieved!

IBCS 2020/04/25 08:25:57
Dear Mr. Paur

Thank you for your message.

The line “Other” in your report refers to the Mark-to-Market change of your portfolio. This line is only shown in a custom date range report. Once your monthly archived report for April will be available, the line will be included in the Mark-to-Market change.

Should you have any further questions, please let us know.

Kind regards

Fabian
IBKR Customer Service

3 Likes
44

Hi KasparinSA

Interesting. Thanks for getting back. I just generated a custom timeframe report and I got the line item „other“ as well there.

Cheers

45

Is it me or this line is just very dumb? I mean MTM is already above it…why a second one?

2 Likes
46

And everyday, I learn something new on this forum… Thanks

47

True, typical quality customer feedback :smiley: I would push them further, but maybe this time they would just ignore you, since they clearly don’t know themselves.

1 Like
48

Hi everyone, do you know what it is the difference between the MTM line in the Default MTM summary and the Unrealizead P&L shown in the portfolio positions?

In theory I would expect them to be the same if calculated over the same time period (e.g. since inception) but that doesn’t seem to be the case.

I am guessing this is due to Virtual FX position being included in the MTM summary, is that correct?

Let’s say I had 10 CHF as unrealized P&L in my base currency and my MTM change is only 6 CHF due to some virtual FX position from USD.CHF being valued at -4.
What would be my actual profit if I would have to sell my position? Will it be 10 CHF based on my Unrealized P&L or will it be 6 CHF?