Using Risk Navigator to Project Exposure Fees

IB's Risk Navigator provides a custom scenario feature which allows one to determine what effect, if any, changes to their portfolio will have to the Exposure fee.   Outlined below are the steps for creating a “What–If” portfolio through assumed changes to an existing portfolio or through an entirely new proposed portfolio along with determining the resultant fee.   Note that this feature is available through TWS build 951 and above

Step 1: Open a new “What-if” portfolio
From the Classic TWS trading platform, select the Analytical Tools, Risk Navigator, and then Open New What-If menu options (Exhibit1).
 
Exhibit 1

 

Step 2: Define starting portfolio
A pop-up window will appear (Exhibit 2) from which you will be prompted to define whether you would like to create a hypothetical portfolio starting from your current portfolio or a newly created portfolio.  Clicking on the "yes" button will serve to download existing positions to the new “What-If” portfolio.
 
Exhibit 2

 
Clicking on the "No" button will open up the “What – If” Portfolio with no positions (Exhibit 3).  Select the tab associated with the product classification for which you'd like to create hypothetical positions (e.g., Equity).
  
Exhibit 3
 
 
 
Step 3: Add Positions
To add a position to the "What - If" portfolio, click on the green row titled "New" and then enter the underlying symbol (Exhibit 4), define the product type (Exhibit 5) and enter position quantity (Exhibit 6)
 
Exhibit 4
 
 
Exhibit 5
 
 
Exhibit 6
 
 
Step 4: Determine Exposure Fee
To view the projected exposure fee based upon your “What-If” portfolio, click on the Report and then Exposure Fee menu options (Exhibit 7).  A pop-up window will appear displaying the projected exposure fee broken down by product classification (Exhibit 8).
 
Exhibit 7
 
 
Exhibit 8

 

 

Please see KB2344 for information on monitoring the Exposure fee through the Account Window and KB2276 for verifying exposure fee through the Order Preview screen.