O resposta da IB ao meu pedido para transacionar ETFs e opções relacionados com volatilidade:
Thank you for contacting Interactive Brokers.
We see that you are trying to trade Exchange Traded Fund (ETF). ETF orders will be rejected by IBKR as retail investors residing in the European Economic Area (EEA) who attempt to enter an opening order associated with a product that does not comply with the EU's Packaged Retail and Insurance-based Investment Product Regulation (PRIIPS). The regulation is intended to enhance understanding of these products through provision of disclosure documentation. This documentation is referred to as the Key Information Document or "KID") which provides information such as product description, costs, risks & performance.
The products that this applies to have returns associated with a reference value and include derivatives (options and futures), ETFs, ETNs, funds and certain debt instruments. It does not apply to stock, FX and standard bonds. Orders will be rejected if the manufacturer, or issuer, of the product has decided not to provide the KID required to distribute the product to EEA retail residents.
Note that this restriction apply to the VIXY ETF that you are trying to trade. For more information about these restrictions please refer the IB knowledge base article entitled, "PRIIPs Regulation” at LINK../2993
With respect to the PRIIP and MiFID regulations, Interactive Brokers is required to categorize its clients as either Retail or Professional in order to determine the correct level of investor protection and transparency. It is possible to be reclassified from retail to professional once certain qualitative, quantitative and procedural requirements are met.
Qualitative Requirements: we must conduct an assessment of your expertise, experience and knowledge to ensure that you are capable of making your own investment decisions and that you understand the risks involved.
Quantitative Requirements: we must ensure you have satisfied two of the following criteria:
-you have carried out trades in significant size on the relevant market at an average frequency of 10 per quarter over the previous four quarters;
-your portfolio including cash exceeds EUR 500,000;
-you have worked in the financial sector for at least one year in a professional position.
Procedural Requirements:
You can apply for an upgrade from within the Client portal - Settings - Account Settings - MiFID Client Category. After you’ve completed the online steps, our compliance department will review the request. Documentation of any portfolios held or trades executed away from IBKR may be required.
Note: The product VIXY is also classified as Complex or Leveraged ETF product. For trading these products, additional permissions will be required. After upgrading to professional, you will have to apply for Complex and Leveraged Products trading permissions to trade these ETFs and their options.
For more information you can refer to the following link - Trading permissions: LINK../tradingpermissions.htm
If you require further assistance, please let me know.
Regards,
Drishti W.
IBKR Client Services
