Please explain the different types of margin calls?
There are several types of margin calls: Reg T Call (Fed Call) – caused by failure to satisfy initial requirement on opening transactions – must be met within 5 business days with cash or securities. Money Due Call – caused by failure to satisfy initial requirement on opening transactions – must me bet within 5 business days with cash or securities. Day-Trade Call – caused by failure to satisfy initial requirement on day-trading transactions – must be met within 5 business days with cash or securities. Concentrated Maintenance Call – caused by margin equity balance falling below concentrated maintenance requirements (if any position in the account is greater than margin equity, all margin positions will be held at a 40% maintenance requirement) – must be met within 3 business days with cash, securities, or liquidation of margin eligible securities. Required Maintenance Call – caused by margin equity balance falling below required maintenance requirements – must be met within 3 business
