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5 Cards in this Set
- Front
- Back
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Minimum intial deposit for a SHORT account
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$2000,no exceptions
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Minimum maintenance for a SHORT accout
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30% of current MV
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Facts about short accounts
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1.Never a debit and never interest charged or earned
-we are dealing with stock,not money |
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Formula to determine equity in a short margin account
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Proceeds from the short sale
+ RegT deposit _____________________ Credit balance -Current MV of short sale _____________________ Equity |
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To determine how high the MV of a SHORT stock could rise before receiving a minimum maintenance call:
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Credit balance/1.3
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