Options are extremely different than the underlying stock.
Options is everything we discussed except with way less volume and way more margin requirements.
It doesn't seem like IB restricted GME-stock, only options-on-GME-stock, which is a very, very different instrument.
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That being said, if I were a paying customer to IB and was hoping for good options-trades during that time, I guess I would have been pissed off. Still though, its a far more understandable issue to have a derivative-trade fall through rather than the underlying stock-trade fall through.
Yes, but the end result was still the same: customers couldn't trade what they wanted to, because the broker couldn't or didn't satisfy their collateral requirements.
Options are extremely different than the underlying stock.
Options is everything we discussed except with way less volume and way more margin requirements.
It doesn't seem like IB restricted GME-stock, only options-on-GME-stock, which is a very, very different instrument.
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That being said, if I were a paying customer to IB and was hoping for good options-trades during that time, I guess I would have been pissed off. Still though, its a far more understandable issue to have a derivative-trade fall through rather than the underlying stock-trade fall through.