"Interesting that this thread is about not being closed out while there's another thread attacking IG for closing someone out" - that's the whole issue here, there's no certainty about how IG monitor and manage accounts, whether it being closing positions out within credit limits, or allowing them to remain open. this is a tricky enough business as it is, taking bets on which way the market will go, you don't need the additional uncertainty surrounding your account operation..will they, won't they, you just need to know. the systems are there to allow IG to do this, why don't they?
IG didn't contact me for margin on the day in question, they just sent me an email the next morning asking for 92k.
IG didn't contact me for margin on the day in question, they just sent me an email the next morning asking for 92k.