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What Securities are Marginable?

April 26, 2017marginable securities

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What Securities are Marginable?

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Most securities listed on the New York Stock Exchange (NYSE) and the American Stock Exchange (ASE), securities traded on NASDAQ’s National Market, and certain mutual funds held over 30 days are eligible to be used as collateral in a margin account. Precious metals, certificates of deposit, and annuities are not eligible. If you are not sure that a security is marginable, please contact People’s Securities.