What are the clearing firm’s margin requirements?
The initial requirement to open a standard account is US $2,500 on our minimum trade size of US $100,000. The initial requirement to open a mini account is US $250 on our minimum trade size of US $10,000. The margin required to maintain any position is generally set at 1% of the USD value of the position but can be set higher by request.
Related Questions
- What are the reporting requirements for a clearing firm whose correspondent sends orders directly to other broker/dealers outside the clearing firm?
- What are my firms regulatory responsibiilties regarding the maintenance of my clearance account and related margin requirements?
- What are the clearing firm’s margin requirements?
