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Old 16.10.2013, 11:19
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Re: Interactive brokers in Switzerland

so the was IB works, it displays currencies in a fixed format for each ccy pair.
eg USD.CHF but CHF.JPY. You can't invert those pairs, that's the way those currency pairs are set up.
So if you have USD on your account and you want to convert those in CHF, you need to sell the USD.CHF instrument. So if the quote is 0.9105 - 0.9107, you'll hit the 0.9105 and for USD 1'000 you'll get CHf 910.5.- minus fees.
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