MEXEM's margin accounts can choose "Limited Option" trading permissions during application. This allows entering orders for specific option strategies. Cash accounts can't have this feature. "Limited Option" is available for IBLLC-US accounts only. Upgrading to full Option permissions later is possible, but reverting is not. Find more info in the Users' Guide.
Read MoreMost stock option exercises/assignments have no fees. However, fees apply to Australian and Hong Kong stock options. US stock options are subject to regulatory fees. Index options have standard commissions, except US index options. Futures and future options follow standard commissions. Check MEXEM website for details.
Read MoreTraders lacking minimum trading experience can request options trading permissions, but must pass a proficiency exam. If the session times out before exam completion, re-login to Client Gateway and submit a new request to repeat the process.
Read MoreYou can't directly trade indices, but you can trade related products like ETFs, futures, or options. To do so, enter the symbol and select the type of contract you want to trade (e.g., Stock, Futures, Options) from the contract box. For finding MEXEM trading symbols, refer to the related guide.
Read MoreUS Stock options do not use an ISIN identifier. US Stock options have an identification number consistent with the Options Symbology Initiative used by the OCC and the option exchanges...
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