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What is day trading buying power, and how is it calculated?

April 26, 2017buying calculated day trading power

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What is day trading buying power, and how is it calculated?

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Posted

Day trading buying power is the amount of margin in an account that is available for day trading purposes. It is limited to four (4) times maintenance margin excess (the amount of equity in excess of the minimum margin requirement), based on the customer’s account positions as of the close of business of the previous day.