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Wednesday, June 8, 2011

IB now considers almost all Chinese stocks too risky for margin.

Interactive Brokers just released a statement blanketing almost all Chinese securities as risky, you can view it here.  In April, Interactive Brokers issued a statement blanketing almost all Chinese RTO securities as risky, you can view it here, they included Cogo in the April statement.


SECURITIES SUBJECT TO INCREASED MARGIN REQUIREMENT (50% effective 12:00 ET April 13, 2011; 75% April 14, 2011 prior to market open; 100% April 15, 2011 prior to market open)
Symbol Company Name     
          COGO      Cogo Group



  

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