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What are the initial and maintenance margin requirements for listed securities at Zecco Trading?

April 26, 2017initial maintenance margin requirements securities trading Zecco

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What are the initial and maintenance margin requirements for listed securities at Zecco Trading?

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Price (Per Share) Initial Margin Requirement Maintenance Margin Requirement Between $3.00 and $5.00 $2.50 per share or 100% of market value, whichever is greater Same as Initial Above $5.00 $5.00 per share or 50% of market value, whichever is greater $5.00 per share or 30% of market value, whichever is greater **Securities valued less than $3 per share are not margin-eligible and therefore may not be shorted.